Expense 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 basic girl tracks pumpkin spice offerings.
How else will you know when your Hoard is big enough?
Without further ado, here are the numbers for September (rounded to the nearest dollar):
Utilities (electric, gas, water, sewer, trash, internet): $313
Cell phones: $23
Restaurants/fast food/bars: $52
Insurances (car, personal property, life, dental): $288
Home improvement/maintenance: $500
Baby stuff: $0
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 some printer cartridges.
Several things combined to make this month way more expensive than most.
First up is the $500 in home improvement/maintenance. We were seeing cracks in our drywall and ended up having to get our pier and beam foundation shimmed to re-level it. This $500 is the down payment with another $3000 coming in next month’s budget. Ouch. Score one for people who rent.
After that is the huge $1753 in healthcare. You may recall we had Baby Dragon back in the summer. The hospital and insurance finally worked out all the details and this cost represents out of pocket costs for the hospital birth. I’m actually really happy with this number, because I was budgeting something closer to $2500.
The final big ticket item is the $800 for daycare. This represents September – December, which we payed with a single check. The funny thing is that Baby Dragon isn’t even in daycare and won’t start until January, but to “hold our place” at the facility we had to pay the full semester’s worth of tuition. Makes sense I guess, and we really like the place so it is what it is.
Other than that our month was pretty standard in terms of spending. Unfortunately, due to the foundation repair, we are likely looking at another $5000-$6000 month next month.
However, the whole reason we are tracking our expenses is so that we have an accurate picture of what we will actually need whenever we decide to stop working. These type of one-off expenses are a lot more common than you might imagine if you don’t track your spending.
In other news, cool fall weather is starting to arrive and I absolutely love it. Time for hoodies, beer, and football. I hope your September was less expensive than ours!