Monthly Financial Snapshot: November 2017

Not a whole lot happened this month. I had a work trip that was previously postponed due to a hurricane in September. Fortunately, some friends were visiting from out of town and it aligned nicely with my work travel plans, so I was able to meet them for dinner without going too far out of my way. Chase is also running some promotions with Walmart and Best Buy, which I will be using to get 10x rewards for gift card credit. Walmart will own my grocery shopping for the next couple of months, but at least it probably isn’t that much worse than Aldi.
I also was able to attend a meetup in Chicago focused mostly on travel rewards, where I learned a few new tricks. Hopefully I’ll get to apply them over the coming years in my future travels.
Other than that, it was a pretty ordinary month.
Category Nov-17 Comments
Rent $768.75 $750 for rent + $18.75 Plastiq fees
Internet $55.92 Internet is kind of expensive.
Cell Phone $0.00 Paid for 1 year of service through MintSIM. = $15.51 / month!
Natural Gas $17.61 Below average. Not entirely sure why…
Electricity $26.51 About average for the month.
Water $32.96 Below average. Not entirely sure why…
Groceries $230.41 Above average. Splurged a bit on some goodies at the Japanese grocery store in the city.
Car Insurance $0.00 I pay every 6 months in April and October. Payment went up slightly compared to last time.
Gasoline $95.82 Went on a work trip during the month, so had to drive to the airport and back.
Car Expenses $0.00 Nothing to see here, move along
Health $48.44 Heavily subsidized, high-deductible health plans through my work. Includes health and dental. Also monthly gym membership.
Other $0.00 Nothing to see here, move along
Necessary $1,276.42 About average for the month.
Restaurants $84.26 Had some meals with coworkers, as well as an expensive meal with friends visitng from out of town.
Entertainment $17.65 Saw Blade Runner 2049 2 more times before it went out of theaters. Possibly the best movie of the year, depending on how Star Wars turns out.
Shopping $142.37 Above average this month. Renewed my Amazon Prime subscription.
Travel/Parking $64.25 Last-minute hotel room for meeting my out of town friends before my business trip.
Gifts/Donations $10.00 Donation to my favorite Youtube channel.
Software/Games $0.00 Nothing to see here, move along.
Business $3.18 Inventory and expenses.
Other $0.00 Nothing to see here, move along.
Discretionary $321.71 Below average for the month.
Total Expenses $1,598.13 Below average for the month.
Gross Income $6,949.96 2 paychecks + business income
401(k) Match $203.08 My company matches 3% of gross salary
Taxes $839.68 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 $6,313.36 Somewhat below average due bumping up my 401k contributions to be entirely after-tax for the month.
Savings $4,715.23 About average for the month.
Savings Rate 74.69% Savings / Net Income. A little above average for the month.
Net Worth $188,393.28 Up a good amount this month. How much longer can the market keep it up?
Projected time to FI (assuming 6% growth and 4% withdrawal rate): 5 years, 6 months!

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