July went relatively smoothly. I didn’t overspend and I finally received a sizable and long awaited reimbursment. I also ended up receiving an additional $100 this month when my lease ended on my old apartment and the subletter decided to finally return my security deposit, albeit 9 months late.
|Cash & Savings||$778||$1,374||+$596|
I had some complications with my health and ended up being out of the office for one full month. Thankfully I can do my job remotely, so loss of employment was not a concern, but this did result in a decline in my FSA.I started off the year with $1,625 in my FSA account. It was important for me to get below the $500 threshold because that is how much I can carry-over into the new year. I got there in July.
My unexpected health issues mean that I will be putting off some dental work until next year. All the medical bills have not come in, and I’m expecting more next month. My doctors and I will also need to decide the best course of action in regards to my health, some of which are quite expensive.
Next year I’m not sure how much I will elect to put in to my FSA. I know I need my wisdom teeth removed in a hospital setting ($700?). I have another crown due, but I can probably hold off. I should use and budget my next year’s FSA for over the counter medications, vitamins, and contact lens solution. I currently take advantage of reimbursing my transportation expenses to and from doctor appointments.