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Monthly Financial Snapshot: May 2018


CategoryMay-18Comments
Rent$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$48.44Heavily subsidized, high-deductible health plans through my work. Includes health and dental. Also monthly gym membership.
Other$0.00Nothing this month.
Necessary$1,156.15Somewhat below average, mostly thanks to travelling.
Restaurants$40.50Went out a few times with coworkers.
Entertainment$9.98Saw Solo and Infinity War
Shopping$256.37Bought up 2 years of Amazon Prime before price increase.
Travel/Parking$482.78Remainder of trip expenses for this month.
Gifts/Donations$0.00Nothing this month.
Software/Games$50.00$50 game credit
Business$1,460.06More inventory
Other$0.00Nothing this month.
Discretionary$2,299.69Far above average, mostly due to business inventory
Total Expenses$3,455.84Pretty spendy this month.
Gross Income$7,284.69Little below average this month. Ordinary work month plus a little bit of business side income.
401(k) Match$207.74My company matches 3% of gross salary
Taxes$4,107.32Paid 2nd quarter taxes.
Net Income$3,385.11Way below normal for the month, due to taxes
Savings-$70.73Not often that I see a negative savings rate!
Savings Rate-2.09%Not often that I see a negative savings rate!
Net Worth$222,720.61Market gained enough to slightly increase my NW despite negative savings.

Projected time to FI (assuming 6% growth and 4% withdrawal rate): 6 years, 3 months.

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