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Monthly Financial Snapshot: December 2017

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

Pretty good overall for the month, considering the accelerated spending I did on travel. I bought about $950 worth of hotels.com gift cards, some at a 15% discount, and some to earn 10x Chase points during the Chase Pay Best Buy promotion. I value the 8,000 points I earned from that at about $136, so not a bad return on investment there.


CategoryDec-17Comments
Rent$768.75$750 for rent + $18.75 Plastiq fees
Internet$55.92Internet is kind of expensive.
Cell Phone$0.00Already paid for 1 year of service through MintSIM. = $15.51 / month!
Natural Gas$19.71Below average. Not entirely sure why...
Electricity$24.48About average for the month.
Water$36.09Below average. Not entirely sure why...
Groceries$129.59Below average. Spent the second half of the month visiting family, so not as much grocery spending.
Car Insurance$0.00I pay every 6 months in April and October. Payment went up slightly compared to last time.
Gasoline$63.56Drove to the city a couple times, so some extra mileage from that.
Car Expenses$14.38Changed to winter tires now that it's freezing cold
Health$192.24
Heavily subsidized, high-deductible health plans through my work. Includes health and dental. Also monthly gym membership. Plus,
got my eyes examined this month and ordered new glasses.
Other$25.00Paid for a haircut for the first time in years.
Necessary$1,329.72A little above average for the month.
Restaurants$174.64Ate out with family and friends during my trip home.
Entertainment$59.58Saw The Last Jedi 3 times this month plus Jumanji.
Shopping$103.49About average for the month.
Travel/Parking$1,020.89
Bought $800 of hotels.com gift cards at Best Buy to get 10x Chase points back. These are great when staying at non-chain hotels as
prices are lower and hotels.com effectively gives a 10% discount on almost all bookings when you book with them often. Bought some
more hotels.com gift cards elsewhere for a discount, plus some small parking and train fares while I was traveling.
Gifts/Donations$19.96Donation to my favorite Youtube channel and holiday gift for my mom.
Software/Games$0.00Nothing to see here, move along.
Business$51.54Inventory and expenses.
Other$15.00Another small expese for my personal project.
Discretionary$1,445.10Above average for the month, but most of it is accelerated spending for future expenses.
Total Expenses$2,774.82Above average for the month, thanks to my accelerated travel spending.
Gross Income$6,778.482 paychecks + business income
401(k) Match$203.08My company matches 3% of gross salary
Taxes$785.82Federal + state income tax + payroll taxes. I previously prepaid $3k of federal income tax and marked myself exempt for the rest of the year.
Net Income$6,195.74About average for the month
Savings$3,420.92Below average for the month, mostly due to accelerated travel spending.
Savings Rate55.21%Savings / Net Income. Below average for the month, but still surprisingly high considering how much extra I felt like I was spending.
Net Worth$193,177.90Market helped me out once again. Hope to close in on $200k by next month!

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

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