Skip to main content

Posts

Showing posts from 2017

Monthly Financial Snapshot: October 2017

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

Another month gone! Maybe it's just the season, but time really seems to be flying by lately. Been very busy at work so the days and weeks have started to blur together. Nothing super exciting to report out for this month, other than the stock markets continuing their great performance for the year. It's weird having months where capital appreciation is actually more than how much I spent during that month. I guess that will be the norm once I am fully FI and the market isn't crashing. I sometimes find myself wondering how much longer the markets can keep it up until the inevitable downturn for which we are "overdue," historically speaking. Nobody can predict it with precision, but it is almost certain that it will happen eventually. Or maybe not. Who knows? Nothing to do except to keep on investing!

Oh, yeah. I got a small raise at work this month! Higher salary goes into effect ne…

Monthly Financial Snapshot: September 2017

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

Had some extra spending this month on travel due to my sister visiting me for a weekend, as well as purchasing plane tickets and airport parking for my annual trip to visit family. I paid cash for 2 of the 3 flights because I found a good deal on one of them and the second one wasn't really expensive enough to justify using points, as well as the lack of seat availability since it was the holiday season. I did redeem points for the 3rd flight because Southwest had a sale and thus had redemptions available for a good price. Besides this, my expenses for this month were fairly ordinary.

My newest credit card reward scheme which I put into action this month was inspired by this post over at the Wealthy Accountant. This month, I made an estimated federal tax payment for 2017 of $3,000 over at Pay1040. This allowed me to meet the first tier of minimum spending on my BA card (earned me 50,000 British Airwa…

Monthly Financial Snapshot: August 2017

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

Not a whole lot particularly stands out this month in my spending. The only real thing of note is the somewhat higher travel spending. This was partly due to taking a weekend trip to Minneapolis for the GoCurryCracker FI meetup. I spent about $100 on the roundtrip flight and used points for hotels rooms, so the trip itself was fairly cheap. While I'm traveling, I also include any restaurant spending in the travel because I consider restaurants to be part of the trip, and because I rarely eat at restaurants when not traveling, I want to track them separately. So the whole trip ended up costing only about $183.42 (but who's counting?).

If that's the case, then what explains the rest of the travel spending? The answer is that I also include all extra costs associated with earning points or cash for future travel. So, $95 of it is my annual fee on my new BA card. In addition, Chase had a promotio…

Monthly Financial Snapshot: July 2017

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

This month was an interesting one because I spent about half of it away on work training. As a result, much of my normal expenses were reduced because the company was paying for my lodging and food. Well, technically I paid for it and I will be reimbursed sometime next month. No complaints from me because I still get to collect all the points and miles that come along with travel spending at no cost! Since I will get reimbursed, I don't include them in my spending reports because they are not representative of my normal expenses and including them would skew my averages and therefore my projections. On the other hand, not including them also skews my averages and projections in the other direction because some of that spending is money that I would have had to spend on myself anyway! Still, by not including the spending, the numbers are affected less because I wouldn't have spent nearly as much as…