2016 January Expenses Review

CutSpending

My January expenses were reasonable. I stayed within budget for all but one category.

Monthly Expenses By Category January
Fix Expenses
Mortgage* 829
HOA / Property Tax 925
Insurance (HO/Car) 150
Utility (Electricity, Phone, DSL) 108
Total Fix Expenses 2,012
Variable Expenses
Gasoline 77
Dining Out / Grocery 321
Clothing/Personal Care 15
Household 39
Entertainment/Leisure 24
Medical/Health 23
Misc 483
Total Variable Expenses 982
Total Monthly Expenses 2,994

January was a slow month in terms of spending. No gifts to buy, tons of leftover food(freezer and pantry) from last year, and no major social events to attend(except one birthday). Other than being extremely busy at work, January went by too fast and was not memorable at all. Due to the cold weather, we stayed in a lot and cooked our own meals. All the expense categories were under budget except for Misc where I had to book a trip to Vegas for February. It is a business trip related to the rental property.

January Passive Income = $ 880

January Expenses = $ 2,994

Shortage = $ 2114

My January passive income covers about 30% of my monthly expenses.

Cheers,

Lady Butterfly

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s