Happy Spring everyone! This is going to be a somewhat long post, so let’s just get down to it, shall we?
Net Worth & Expenses
This month my net worth increased $4,524. I don’t often reveal my net worth, but I think transparency can help keep oneself accountable, and I’m not seeing the needle move as much as I’d like. Yes, I am being hard on myself. So drumroll….my net worth is currently at $221,068. I would really, really like to see that number be 300k by the end of the year. Possible?
I understand that this number is big compared to some people, and small compared to others. It might be big to someone in their 20s, but small compared to someone in their 40s. It’s not put out here to make one person feel bad or another person feel good. It’s just my number on my journey, and it’s low compared to where I want to be in life.
My co-worker Karen is doing a video experiment for work, where she is tracking every penny for a month to see how it changes anything. In solidarity, I told her I’d reveal my expenses so she wouldn’t be the only one who is being financially “naked.” I’m totes embarrassed STILL about my grocery bill. No wonder that “last five” has been hard to lose! 🙂 Drumroll again…
- Rent: $1,450
- Deposit for my accountant: $100
- Groceries: $580 (I know, I know)
- General Merchandise (beauty, household items, etc.): $240
- Business Expenses (Pinterest VA and printer ink): $234
- Dentist (balance leftover from a crown I got last year): $146
- Clothing/Shoes (new hiking shoes and one dry cleaned dress): $174
- Home Improvement (stuff for backyard and garden): $155
- Restaurants: $128
- Travel (Air Bnb for Europe, Southwest for Lola, Lyft): $127
- Pet Care (litter, medication): $122
- Personal Care (haircut): $78
- Gas: $74
- Phone: $66
- Online Services (Tailwind & Hostgator): $27
- Charitable Giving: $58
- Internet: $51
- Utilities (I just pay for electric):$46
- Gift: $32
- Entertainment (Redbox, Netflix, Amazon Prime movie): $17
- Education (seminar): $10
- Cash: (misc. and laundry): $50
I use Personal Capital to track my net worth and expenses. I love it because it’s super easy to use, has all of my information in one place, and it’s completely free. Try it out and see why myself and other personal finance bloggers love this website. If you don’t know your net worth, it’s impossible to create a financial roadmap for yourself!
So as you can see, we got some work to do, especially with groceries! From Jan 1 to March 31, my average monthly spending on groceries is $574. Inexcusable, even with the fact that I hardly ever eat out, and I buy really healthy stuff!
I also, however, did save money. But I leave a lot of that out as not to expose my income, both from full time and freelance or passive income.
Early in the month we got a great opportunity at work to do a FB live with the one and only Tony Robbins. We weren’t even sure if it was a go until the day before. Tony was promoting his new book, Unshakeable: Your Financial Freedom Playbook. He was such a super cool guy and his whole team was awesome to work with. It was both a professional and personal bucket list item I got to check off!
Obviously I spent a ton of time on my garden. So much so it got its own post last week. One thing I was missing was a patio table, but I found out my neighbor bought one on Saturday, so I don’t have to! Yay! The garden is looking good. The palm plants though, not so much.
Pepe is still doing (thankfully) very well! I’m so happy the kitty prozac is working, even though the medication is a bit pricy. So is the new type of litter I use. Oh well. He’s almost 17 so I want his remaining years with me to be the best.
I’ve also been doing a lot of trip planning this month. Although I’m doing a tour, my trip is book-eneded with some solo travel, so I’ve been trying to map out routes, booking Airbnb places and small, family-run hotels, trains, etc. I also found out one of the legs of my flight was canceled, so I called British Airways and kind of got better times anyway. I do find the process of trip planning rather stressful, I must say. I don’t think I’d make a good travel agent.
I went on one really cool hike a couple of weeks ago. It was near the northern most point of Malibu. I went with my former boss (who not that long ago hiked all the way across Spain), and we ended up in this beautiful green valley, thanks to all the rain we got this year. It was so nice to check out from technology and just be in nature.
I did get a decent tax refund this year. $2,508 from fed and $688 from state. After paying my accountant, I’m getting $2,645 back (I may need a new accountant as that seems like an awful lot), which will go to my emergency fund.
Diet Bet Fail
Lastly, and I really want to kick myself super hard for this, I failed at my diet bet game, meaning I lost $100. I don’t want to talk about it and I’m so mad and disappointed in myself. 🙁
Next week I’m so excited because I’m going to Denver for a weekend! I had a voucher for Southwest and I wanted to make it as frugal of a trip as possible, so Michelle from The Shop My Closet Project is generously letting me stay at her place. I told her I wanted to go on a big hike, and/or do a workout at Red Rocks…something I’ve always wanted to do. Either way I just need to do a little checking out.
Other than that I’m just going to lay low, do some work on my blog, and plan the rest of my Europe trip. Basically everything is pretty much booked. I just want to do some research of what kinds of places I want to visit in each location.
Anyone have any good recommendations for day trips from Salzburg?
That’s it from me. How was your month? How do your expenses compare to mine?