August was supposed to be a no spend month, at least for non-essentials. That didn’t quite happen, but I did a decent job. I also had a couple of unanticipated essential purchases that were larger than I’d like. Thanks Murphy! First, let’s look into my net worth, which didn’t change much:
|Cash & Checking||$3,300||$3,100||($200)|
And there you have it! I have nothing to show for my modest contributions to my retirement accounts. August was a rocky month for the stock market due to the ongoing trade war.
The no-spend stipulation was a challenge. And even though I did fairly well, my medical expenses offset an otherwise low-spend month. Keeping myself alive is costly. At least I didn’t have to dip into my sinking funds.
|(1)Bills & Utilities||$125||$100||$25 under|
|Total (1+2+4+5)||$925||$819||$106 under|
|Total + Medical (3)||$1,098||$173 over|
Bills & Utilities
I only paid two bills (electricity and internet) and they were low.
I was all set to be within my $300 budget, but I met up with a visiting for brunch on the last day of the month. The cost of said brunch? The amount in which I went over budget: $24. It was worth it!
I spent nearly $300 keeping myself alive, and it’s paying off! This is the first time in over a year in which I can say my health has improved The improvement is slight and needs to be greater. I will most likely add another expensive medication to my treatment plan. But I’ll take it.
So this month was a no spend month for non-essentials in the “miscellaneous” category. It wasn’t easy, especially the first week or two. I did a fairly decent job of sticking to the plan, with the exception of three non-essential purchases that totaled ~$100. Two purchases I was intending to make in September, but the items had huge (>40%) mark downs on Amazon. I use camelcamelcamel to follow items on my wishlist and snatch up good deals.
Notable essential purchases include:
- A new (to me) cellphone- $90 (unanticipated)
- New luggage – $70 (unanticipated)
- Transportation Costs – $80 (anticipated)
Conclusions & Next Month
The no-spend made a huge difference this month. I know I would have gone way over budget otherwise. I wish I could make September another no-spend month, but I don’t have it in me. I’ll probably try again in January. Until then, I’ll work on figuring out a better way to stay within budget.