My June expenses were high but my July expenses were even higher. My Dining Out/Grocery, Medical/Health, Gasoline/Car Related categories were higher than usual this month.
|Monthly Expenses By Category||July|
|HOA / Property Tax||925|
|Utility (Electricity, Phone, DSL)||132|
|Total Fix Expenses||2,036|
|Total Variable Expenses||1180|
|Total Monthly Expenses||3,216|
I am going through a major life changing event right now, so I have been dining out a lot more than usual. I will explain about this life changing event in a couple of months. I get tired easily these days so my laziness is kicking in, and I don’t want to cook after a long day of work. Besides eating out a lot more this month, I also had to pay the annual deductible for my health insurance and my car registration renewal. Not included in this table is an extra monthly payment of $700 to mortgage* principal.
July Passive Income = $ 879.51
July Expenses = $ 3,216
Shortage = $ 2,336.49
My July passive income covers only 28% of monthly expenses.