I thought I should probably update the blog for August, considering August is nearing it’s end. I can’t believe summer is almost over! Kids in the area started school already, the temperatures definately feel more like fall than summer, and I’ve already made a pumpkin pie. Summer went by way too fast.
On August 1st, 2015 my net worth stood at $58,229.61. It has happily been trending upwards the entire time I’ve been keeping track. Mostly because I continue to add to it every couple weeks when I receive my paycheck, but with the markets spiraling downward right now, I’m curious what my networth will be at come September 1st. I’m not complaining about the markets though. I’m not even close to retiring right now, so I want to be able to buy as many funds with my money that I can, and right now they are on sale!
Income/Expenses for July 2015
My net income for July came in at $1770.01 This is purely take home pay as I contributed $1528.8 to my 401k. From the $1770.01 I transferred $641 to my savings account for a grand total of $2169.8 placed into savings/investments for July. Not bad! I do what I can with my average income, and I think I am doing alright for myself. My expenses for July were also pretty low. If only they could be this low every month…
Without further ado – my expenses for July 2015
|Lunch with Mr. Frugal Turtle||18|
|Cell Phone Bill||38.44|
|Checking Account Fee||3.95|
Total expenses = $856.06
Mr Frugal Turtle and I were invited to take a weekend mini vacation and travel to a lakehouse cabin several hours away. We spent the weekend with two other couples and one of the women absolutely loves to cook, so she offered to buy the food and cook all the meals for the weekend as long as we pay her our share for the food. Hell yes!! The food was amazing! Well worth the $20 per person total. This is included in the miscellaneous total along with a birthday gift for my niece.
Groceries were also pretty low considering I was the one who did all the grocery shopping for the month. I must confess though that my parents live 10 minutes away by car and my mom has a huge, amazing garden with a lot of variety. Whenever I go visit them in the summer I usually end up leaving with one or two reusable grocery bags filled with freshly picked from the garden produce. I probably leave there with about $25-50 worth of organic produce once a week. Thanks mom!
With August just about over and no real plans to spend any more money, I can look forward to another low expense monthly report for this month.
Here’s to frugal living!