Expenses: February 2016

ExpensesExpense report!  Since I’m a total voyeur for finance, these types of details are exactly the kind that I love to read on other people’s blogs.

Don’t get me wrong though, these numbers are primarily written for me and Mrs. Dragon.  Every good FIRE breather knows that to be successful, you have to track your expenses. You have to track them like a groundhog tracks his shadow.

How else will you know when your Hoard is big enough?

Without further ado, here are the numbers for February (rounded to the nearest dollar):

Mortgage: $710

Groceries: $502

Utilities (electric, gas, water, sewer, trash, internet): $178

Cell phones: $46

Netflix: $9

Gym: $8

Restaurants/fast food/bars: $150

Insurances (car, personal property, life, dental): $64

Gas: $0

Home improvement: $42

Travel: $0

Healthcare: $0

Entertainment: $0

Hobbies: $5

Gifts/Charity: $39

Clothing/Shoes: $27

Goblins: $74

TOTAL: $1854

The Goblins category is a catch-all for stuff that we don’t always spend money on.  All the little budget goblins that steal our money throughout the month.  This month it included upgrading the RAM on Mrs. Dragon’s old MacBook and paying TaxAct to file our taxes.

The Macbook was purchased back in 2010 and only had 2GB of RAM. If you know anything about computers that’s not very much these days.  I was able to purchase 8GB for about $45 online, and the results were immediate.  Her computer was super slow but after installing the new RAM it runs like new.  I love it when things are easy to fix!

We ended up having to pay to file taxes this year because we had some long-term capital gains, which apparently means you have to upgrade to the fancy version of TaxAct.  Oh well.

Speaking of taxes, now that we’ve got them filed I’ll have a post soon that details how much tax we paid in 2015 and what our saving’s rate was, so stay tuned if you’re into that kind of thing (you know you are).

If you read these expense posts regularly you might notice that our mortgage payment went up.  This is because we ended up with a small shortage in our escrow account at the end of last year, so they are holding slightly more in escrow to make sure it doesn’t happen again.

Groceries were expensive because we went to Sam’s this month and bought protein powder.

Otherwise things were business as usual.  I bought myself a new pair of chucks, we bought a friend a wedding present, and we went out to eat a bit more than usual.

At this point we really don’t think about our spending too much.  We’ve got our routines and systems in place so we don’t really have to watch ourselves too carefully.

Any total less than $2000 is a win so I’m pretty happy with this level of spending. I’m hoping we can string a couple more of these months together before the baby comes in July.

How was February for you?  Did you take advantage of the short month by keeping expenses low?

2015 Spending
The Hoard: March 2016

2 thoughts on “Expenses: February 2016

  1. Upgrading the RAM sounds like the cheapest new Mac Book ever! Good move

    Staying below 2000 is just awesome.

    How can you go with 0 on gas? Do you commute by bike/public transport?

    • Seriously, that RAM was an excellent decision. It took about 5 minutes to install and it completely changed the performance of the laptop. Win!

      Yes, we do commute by walking/biking. We both work at the local university and the house we bought last year is about a mile from campus. It takes 15-20 to walk or about 10 to bike 🙂 Living the good life. Distance from work was the second most important feature we looked for when purchasing our home. Safe neighborhood was first.

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