It’s that time of the month! No, it’s budget time! A little wallet watching, budget balancing, money minding fun. I, too, have moments of weakness when it comes to spending money. Money which I have, but don’t need to spend. Let’s do Wallet Watching – April 2016. By Wallet Engineer
Wallet Watching – April 2016
Follow along every month as we track a real, live Engineer’s Budget — Find all Wallet Watching articles listed here. I use MINT (mint.com) to track my budget.
In April the budget was “meh”. We’re taking a weekend trip to Denver in May. I spent a fair amount on “stuff”. I bought some programming books on Amazon (about $120) for a Java class I am taking. Last but not least, I blew up the Home Improvement budget. I replaced the columns in my porch, then added a wraparound railing like a deck would have. That was about $350-400. However, it’s an investment as the work would have cost about $2-3,000 if not done ourselves. Plus it’s nice! I also spent about $120 rewiring the garage. It now has 2x 20amp grounded circuits (one for lights, one for outlets). Pretty good deal, considering that would have cost somewhere around $1000 to have an electrician do it.
Income – $3486 = 1335 + 1000 + (750) + 400
- $1335= set aside amount for all non-house-related expenses
- $1000 = set aside for “housing” — mortgage, interest, insurance, taxes. Excludes home improvement
- $750 = investment deposits, shown blue below
- $400 = savings (generally saved for large bills, capital expenses, job loss)
- $0 = tutor side hustle (after website’s cut). Shown below in blue.
Investments – $750
- $750 from my paycheck as part of my early retirement strategy.
See my current portfolio.
Upcoming expenses (scheduled or desirable) : kitchen stuff (flooring, DIY concrete countertop, knock out a wall, add a LVL beam, dishwasher, move pocket door to bathroom), bathroom interior paint, two ceiling fans, radiant floor heating.
replace patio(DONE!), add patio railing, Murphy bed? New front screen door. Replace back door and lock. Install raised beds for garden(beds built, soil on the way!). Pressure regulator for the main – PSI too high.
Gas and Fuel
Phone, Movie, GYM
My phone bill has dropped dramatically since I dropped Verizon.
Alcohol and Bars
Not too bad.
Quite a bit under this month, probably because restaurants was high?
Fast Food and Restaurants
- Dinner and drinks with The Escaped One ($27)
- Dinner and drinks after baseball game ($29)
- Beer for Wallet Engineerette and myself $17
- Pepe Murphy’s ($16)
Mortgage and Rent
I BOUGHT A HOUSE. Mortgage and paying off my PMI 20% down. About 3.5 years left on the 20% down which will then add about $425 per month to my cash flow when paid off, which will then go into the stock account.
I blew up the Home Improvement budget. I replaced the columns in my porch, then added a wraparound railing like a deck would have. That was about $350-400. However, it’s an investment as the work would have cost about $2-3,000 if not done ourselves. Plus it’s nice! I also spent about $120 rewiring the garage. It now has 2x 20amp grounded circuits (one for lights, one for outlets). Pretty good deal, considering that would have cost somewhere around $1000 to have an electrician do it.
Worth every penny, though.
Normal bill is $30.
Gigabit internet through the city will be here between March– June of 2015!!!!!!!!!!!!!!!!!! July of 2015?? Looks like August. Looks like October. Not even close. As of today (11/5) they finally made some progress. 1500days got his fiber. (02/08)My brother is hooked up. They’re a block away! Seriously, what the fuck is up with Longmont fiber installation? Argggggggggggggggggggh. Still a block away 3 months later. Come the fuck on guys!
MISCELLANEOUS ( EVERYTHING ELSE) – $550
Yearly membership dues, donations, some end tables, textbooks, shopping, hotel room.