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Monthly Financial Snapshot: May 2018

CategoryMay-18CommentsRent$750.00$750 for rent. No Plastiq fees this month thanks to referral.Internet$55.92Internet is kind of expensive.Cell Phone$0.00Already paid for 1 year of service through MintSIM. = $15.51 / month!Natural Gas$52.46Paying for this month and last month.Electricity$21.29Below average. I switched providers recently because they offered a low intro rate. Will cancel in a month or two when the rate changes again.Water$34.01Slightly below average this month.Groceries$141.28Below average. I did some travelling this month, so less groceries at home. Ate less meat this month as well.Car Insurance$0.00I pay every 6 months in April and October. Gasoline$52.75Below average for the month. More time away = fewer days driving. Gas prices are going up though.Car Expenses$0.00Nothing this month.Health$48.44

Monthly Financial Snapshot: April 2018

Please excuse the somewhat late posting, as I'm on vacation.

This month was another somewhat high spending month, as I traveled once for family and once for personal vacation. My policy is to record all of my expenses incurred while traveling (including food) under "travel" rather than where they might otherwise be recorded if I incurred them while at home, so that I can better understand the financial impact of my trips and budget for them in the long-term. As a result, "travel" continues to be my largest budgetary line-item after my rent, even though I only travel a few times per year. I'll have to take a deep dive sometime to see whether that's a testament to how low my remaining expenses are or an indictment of my lavish spendthrift ways while I'm on vacation.


CategoryApr-18CommentsRent$768.75$750 for rent + $18.75 Plastiq feesInternet$55.92Internet is kind of expensive.Cell Phone$0.00Already paid for 1 year of service through MintSIM. = $15.51 /…

Monthly Financial Snapshot: March 2018

So I managed to make it through the busy part of the year alive and in one piece. Besides work, March was a pretty uneventful month, except for the markets. Market volatility seems to be here to stay, which has the potential to mess up the steady, even progress I had been enjoying up to this point. I still haven't lost enough in one month to outweigh the new contributions and thus cause a month-to-month decrease in Net Worth, but I'm sure that day isn't far off.

I did manage to execute a rollover of my after-tax 401(k) sub-account, better known to some as the so-called Mega Backdoor Roth. I had been putting this off for some time because I didn't know how complicated the process would be. Turns out all it took was a single phone call to my company's benefits hotline and they took care of the rest. By doing so, I was able to move my after-tax (non-Roth) 401k contributions and its associated earnings (about $40,000 in all) out of my 401(k) and split it into my Roth I…

Monthly Financial Snapshot: February 2018

Well, it's that time of year again, when work takes over almost all my waking hours for about a month and I have almost no energy left for anything else. Highlights for this month included getting a stand mixer for my kitchen (more baked goodies = less depressing work environment), completing my tax return (first year filing with self-employment income) and receiving a fat refund (thanks to January's strategic tax move), and losing enough money in the market to offset almost all of my savings for the month. So it goes.


CategoryFeb-18CommentsRent$768.75$750 for rent + $18.75 Plastiq feesInternet$55.92Internet is kind of expensive.Cell Phone$0.00Already paid for 1 year of service through MintSIM. = $15.51 / month!Natural Gas$18.89A little below average. Kind of strange given how much extra baking I've been doing lately.Electricity$22.23A little below average for the month.Water$30.87Below average. Groceries$201.70Above average. Bought a lot more meat last month than I usually…