My December expenses were high due to the holiday season and a fun trip to Seattle.
|Monthly Expenses By Category||December|
|HOA / Property Tax||925|
|Utility (Electricity, Phone, DSL)||101|
|Total Fix Expenses||2,005|
|Dining Out / Grocery||390|
|Total Variable Expenses||1017|
|Total Monthly Expenses||3,022|
I did quite well last holiday season in terms of expenses. Besides two house parties I attended, I spent most of my holiday break cleaning, removing and resealing my shower and bathtub. The rest of the time was spent with family and at coffee shops with my partner.
In early December, my partner and I took a short trip to Seattle. Our friends offered us a great deal on airfare so we felt like we had to go somewhere so the deal doesn’t go to waste. My partner is a huge coffee fan so we did a coffee crawl visiting about 20 different coffee shops while we were in Seattle.
Not included in this table is an extra monthly payment of $300 to mortgage* principal and a $150 monthly expense for half of a rental property.
December Passive Income = $ 606
December Expenses = $ 3,022
Shortage = $ 2416
My December passive income covers about 20% of my monthly expenses.