January Recap! ($98,670)

Still/back under $100,000!  And I did pretty great this month, if I do say so myself.  This is largely due to an extra paycheck because of the (in name and salary only) job switch.

The pretty picture:

Screen Shot 2014-01-31 at 9.28.51 PM

Student Loans!

I paid off $2,567 in PRINCIPAL this month.  All of the “Fees and Charges” pie is interest paid on loans.  I think this is smaller than usual because of the timing of my payments vs. the payments last month.

I spent $632 on auto/transport this month.  Some awesome things about February:  my auto insurance is split into 10 monthly payments, so I don’t have a payment next month; there’s $84 I don’t have to pay.  It’s a mutual insurance company, which means I’m also expecting a dividend payment of about $150 or so.  My employer also just announced a discount program on car insurance, so I may look into that to save more money (though a friend of mine is my insurance broker, so I may stay where I am, and I kind of like the dividend thing).  I am getting rid of my towing plan–only $20 annual, but I have AAA, so I don’t need it anymore.  Knock on wood, but it’s also been MONTHS since I locked myself out of my still-running car (yes, I’ve done this more than once).  February will also be the last month that my train pass will have to be purchased completely with after-tax dollars.  Probably another $20 in savings each month.  Lastly, I drove to the farther train station much more than usual this month, resulting in more gas and parking spending, which I hopefully won’t repeat in February.

Food: $429 this month, about $300 in groceries.  This is probably the smallest amount I’ve ever spent in this category.  I need to reign in my pretzel purchases (maybe with more snacks for the train), but I won’t beat myself up too much.

It’s pretty rare that I have a separate pie slice for health and fitness.  This is from a doctor’s bill at the beginning of the month, and a prescription that I’ve submitted a reimbursement for (I didn’t have the account number information for my new health/prescription plans).  I have another doctor’s bill that I’ll be paying in early February from the same appointment (one for lab testing and one for the appointment and procedure itself), so the budget there will also be unusually high.

The “Other” and “Shopping” categories are what I really want to work on next month.  I spent $45 at Walmart in the middle of the month, and have no idea what I bought.  None.  I do know that it wasn’t groceries, though I sometimes do my grocery shopping there.  I spent another $40 on Amazon (light bulbs, a lint lizard that I haven’t tried yet, but is pretty necessary for some spaces in the house, and a paper towel holder to mount on my island).  But seriously, what did I buy at Walmart?  OH! I bought an over-the-toilet storage unit for some additional much needed storage space in my newly-organized apartment.  I feel better now.  The phone bill and my Netflix/TiVo are monthly bills, but tickets to a Red Sox game, and a paint your own pottery night added an extra $120 this month.  I might be spending a big chunk on some concert tickets this month, so this category probably won’t be going down too much in February.

In summary, I’m pretty happy with this month’s spending and debt progress.  I’ve already scheduled a loan payment for February, and I’m hoping that moving the money out of my account early in the month will prevent me from spending.  I’ll post more on the February budget this week!

2 thoughts on “January Recap! ($98,670)

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