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Showing posts from September, 2016

Monthly Financial Snapshot: September 2016

You can also track my all-time progress on the aptly-named Current Progress page.

Sep-16CommentsRent$765.00$750 for rent + $15 in fees for Plastiq in order to pay via credit cardInternet$60.92Internet is kind of expensive out here in the booniesCell Phone$32.88$30 + taxes/fees for 5 GB of 4G data through T-MobileNatural Gas$18.38About average gas use for the month.Electricity$62.54Two months' worth due to billing timing.Water$40.51My actual water usage is only about $5, but my town tacks on so many fees that the bill comes to $40+ every month! :(Groceries$119.64My second-lowest grocery bill this year! I cook nearly all of my meals myself and do 95% of my grocery shopping at Aldi for massive savings.Car Insurance$0.00I pay every 6 months in April and October.Gasoline$58.90More than average, due to a couple trips to the city/airport.Car Expenses$0.00Nothing broken or needing maintenance this month!Health Insurance$19.30

Expenditures: Me vs. the Average Joe

I thought it would be interesting to compare my expenses against the "Average Joe", to see how different my lifestyle really is from the norm.

It turns out that the Bureau of Labor Statistics collects data on this sort of thing every year as part of the Consumer Expenditure Survey. And, lucky for me, the most recent data sets for 2014-2015 were released only 2 weeks ago. So, I dug in.

Since I am single, male, and between 25 and 34 years of age, that is the cohort that I will be comparing myself against. That data can be found in this table.

At first, I wanted to compare my expenses with the average cohort of my age category by category, but some of my spending categories do not match up very well with the BLS's, so it was hard to make direct comparisons. BLS was oddly specific in some cases (floor coverings? really?) and notably lacking in others (I guess nobody does any travelling?). For the more ordinary expenses, I was able to make some direct comparisons with the las…

Monthly Financial Snapshot: August 2016

Since this blog is new, here is my most recent financial snapshot. In the future, I will post these on the final day of every month.

You can also track my all-time progress on the aptly-named Current Progress page.

Aug-16CommentsRent$765.00$750 for rent + $15 in fees for Plastiq in order to pay via credit cardInternet$60.92Internet is kind of expensive out here in the booniesCell Phone$32.88$30 + taxes/fees for 5 GB of 4G data through T-MobileNatural Gas$37.87Actually 2 months' worth of gas, due to billing timingElectricity$30.87A little higher than average this month due to fan useWater$42.48My actual water usage is only about $5, but my town tacks on so many fees that the bill comes to $40+ every month! Groceries$168.66About average for me. I cook nearly all of my meals myself and do 95% of my grocery shopping at Aldi for massive savings.Car Insurance$0.00I pay every 6 months in April and October.Gasoline$79.53More than average, due to extra travelling for work.Car Expenses$0.00N…