I went over budget for the month of March, but it wasn’t a complete fail. Firstly, about 5 days before the end of the month I realized I had given myself an extra $20 to spend in the “Everything Else” category on mint.com. Oops! Also, 5 days before the end of the month, I went on a bit of a shopping spree with my mom. The good thing is, a lot of the shopping was her “gift” to me for graduation, and so my spending wasn’t terrible. Because she took me shopping though, I paid for all of our meals over the weekend, and I also paid for a new pair of shoes (~$27). She did not like said pair of shoes, so she would not buy them. According to mint.com my spending was as follows:
|Fixed Expenses||$70||$64||$6 left|
|Everything Else||$300||$315||$15 over|
My net worth managed to increase by ~10%. A notable event for the month of March included receiving the remainder of my reimbursement, which was a little over $400. I put my hotel stays on my personal credit card to earn reward points. I also think a 401K contribution from the three-paycheck-month of February didn’t post until March 1, so that increased by a bit more than expected as well. Maybe the market performed well too? I haven’t really been paying too much attention.
|Cash & Savings||$2,575||$491||($2,084)|
My Cash/Savings are expected to increase by $562 once my FSA reimburses me for medical expenses. This has no influence on my networth since it’s a transfer, but my cash balance would be $562 more.
I would like to put the following short-term goals in writing:
- Max out my 2015 IRA contributions ($1385) before April 15
- No contributions for April 25 or May 9 paydays
- Reinstitute contributions in June (~$210) and then $315 there after.
- Have $4,000 in liquid assets (i.e. cash) by the end of the year.