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Monthly Financial Snapshot: December 2016

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

Dec-16
Comments
Rent
$765.00
$750 for rent + $15 in fees for Plastiq in order to pay via credit card
Internet
$60.92
Internet is kind of expensive out here in the boonies
Cell Phone
$32.88
$30 + taxes/fees for 5 GB of 4G data through T-Mobile
Natural Gas
$19.15
Slightly higher than average gas bill, but still pretty low
Electricity
$27.13
Slightly lower bill than average
Water
$40.80
My actual water usage is only about $5, but my town tacks on so many fees that the bill comes to $40+ every month! :(
Groceries
$119.14
Below-average grocery bill due to travelling
Car Insurance
$0.00
I pay every 6 months in April and October.
Gasoline
$71.14
Higher this month due to travel
Car Expenses
$14.38
Swapped my winter tires because it's cold now
Health Insurance
$19.30
Heavily subsidized, high-deductible plan through my work. Includes health, dental, and vision.
Other
$0.00
Nothing to see here, move along
Necessary
$1,169.84
Little lower than average, due to travel
Restaurants
$34.80
Holiday potluck at work and eating out twice this month.
Entertainment
$11.99
Netflix+ discounted (only $2!) ticket to Rogue One
Shopping
$0.00
Nothing to see here, move along
Travel/Parking
$67.59
Airport parking for my Global Entry interview plus 60 for golfing on my family vacation
Gifts/Donations
$724.96
You get a gift! And you get a gift! Everybody gets a gift!
Software/Games
$0.00
Nothing to see here, move along
Other
$1.18
Mailing rebate forms for a smart thermostat I got last month.
Discretionary
$840.52
Surprisingly about average, even though I spent a ton on holiday gifts for family
Total Expenses
$2,010.36
Slightly lower than average
Gross Income
$6,460.04
First full month with higher paycheck after my raise!
401(k) Match
$189.22
My company matches 3% of gross salary
Taxes
$1,341.63
Federal + state income tax + payroll taxes. Mo' money, mo' taxes
Net Income
$5,307.63
Above average (but will soon become average!)
Savings
$3,297.27
What I didn't spend this month. Most of this currently goes to after-tax 401(k).
Savings Rate
62.1%
Savings / Net Income. Finally back to a more typical savings rate to close out the year!
Net Worth
$ 106,695.71
Thank you, Mr. Market for helping finish out the year strong.

Projected time to FI (assuming 6% growth and 4% withdrawal rate): 7 years 5 months

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