Happy Sizzlin’ Summer! I hope you are all having a relaxing, fun, productive, frugal summer so far. I feel like now we are in the thick of things, where I’ll be reading a lot of posts on summer vacations and how the heat is getting to everyone.
June was a fairly good month for me. I only made $349 over my projected budget, but I also stayed in budget in most categories, including groceries and life expenses, which have always been problem categories for me. The only one I went over on is my phone (by $33), because my rate decrease hadn’t quite kicked in yet. My side income (which is included in my overall total) was $632. So essentially without my side income, I would have never made my projected budget.
I did save $850 towards retirement, emergency fund, and vacation. That gives me a grand total of:
- $6,794 for my emergency fund.
- $1,361 for retirement.
- $255 for health care.
- $790 for vacation.
- $2,272 for my car.
My overall net worth, which I rarely share, is $172,618. The only current debt I have is my car loan, which is $9,576.
You might be asking why I don’t use the money on my car fund to pay down some of that debt. The reason is because my interest rate is so low, so being a freelancer, it gives me more peace of mind to have money that is easily accessible in case something happens, rather than leaving myself cash poor. At the end of the year I will assess if I want to throw a huge chunk of money at my car loan or not…kind of depends on how the rest of the year goes work-wise, and if I can build up my emergency fund more.
In June I had a 21-day challenge to do daily stretching. I would say things went so-so. I did add yoga back into my routine once per week, but I slipped on this goal quite a bit. But overall I’m doing it a lot more than I used to.
What’s happening this month?
This month is all about continuing my stress-free practice, learning ukulele, and just having fun…well of course working too.
Next Monday I start a six-week ukulele class. I was going to borrow my producer’s ukulele, but I ended up getting a much better one as an early birthday present from my Mom (she insisted). I have already been practicing every day with online tutorials, and each day I get just a little better. This is a good exercise in being patient with myself.
I can already play a couple songs (and by play I mean strum, spend five minutes doing a chord change, strumming again, etc.), albeit terribly, but hey a little instant gratification! By the end of July I want to post a video of me playing a song for you guys.
I’m also on a small co-ed beach volleyball league, and I may or may not be running an obstacle course race on July 19th. It’s $80 and I’m trying to get a free entry in exchange for a review, but I haven’t heard anything yet. Keep your fingers crossed.
I’ve also spent a little money (but not much) on trying to spruce up the shared backyard. I had mentioned before that my neighbor is moving out, and she had built a beautiful canopy deck thing, but had it all taken down, minus the deck. It’s been challenging trying to make it nice looking again on a small budget. The only thing I’m looking into getting is an umbrella, because the deck gets no shade in the middle of the day. Right now I’m not willing to pay full price, so I’m keeping my eyes open on Craigslist.
So hear are my goals for July:
1. Practice ukulele every day.
2. Stay in budget (work is starting off a little slow this month).
That’s it! It’s summer after all!
What do you hope to accomplish in July?
Latest posts by Tonya (see all)
- Stacking the Decks in Your Favor - May 23, 2016
- FiFlex: Financial Flexiblity - May 16, 2016
- How You Can FINALLY Get Over the Fear of Investing - May 7, 2016