Monthly Financial Snapshot: December 2017

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.

Category Dec-17 Comments
Rent $768.75 $750 for rent + $18.75 Plastiq fees
Internet $55.92 Internet is kind of expensive.
Cell Phone $0.00 Already paid for 1 year of service through MintSIM. = $15.51 / month!
Natural Gas $19.71 Below average. Not entirely sure why…
Electricity $24.48 About average for the month.
Water $36.09 Below average. Not entirely sure why…
Groceries $129.59 Below average. Spent the second half of the month visiting family, so not as much grocery spending.
Car Insurance $0.00 I pay every 6 months in April and October. Payment went up slightly compared to last time.
Gasoline $63.56 Drove to the city a couple times, so some extra mileage from that.
Car Expenses $14.38 Changed 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 $25.00 Paid for a haircut for the first time in years.
Necessary $1,329.72 A little above average for the month.
Restaurants $174.64 Ate out with family and friends during my trip home.
Entertainment $59.58 Saw The Last Jedi 3 times this month plus Jumanji.
Shopping $103.49 About 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 $19.96 Donation to my favorite Youtube channel and holiday gift for my mom.
Software/Games $0.00 Nothing to see here, move along.
Business $51.54 Inventory and expenses.
Other $15.00 Another small expese for my personal project.
Discretionary $1,445.10 Above average for the month, but most of it is accelerated spending for future expenses.
Total Expenses $2,774.82 Above average for the month, thanks to my accelerated travel spending.
Gross Income $6,778.48 2 paychecks + business income
401(k) Match $203.08 My company matches 3% of gross salary
Taxes $785.82 Federal + 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 $6,195.74 About average for the month
Savings $3,420.92 Below average for the month, mostly due to accelerated travel spending.
Savings Rate 55.21% Savings / Net Income. Below average for the month, but still surprisingly high considering how much extra I felt like I was spending.
Net Worth $193,177.90 Market 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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