Monday, June 20, 2016
May 2016 Income & Expenses
The amounts below are cash amounts and are net of taxes, insurance, 401k contributions, HSA, etc. In other words, the amounts are what get deposited and withdrawn from my accounts.
Day job (take home pay) --- $9981
Dividends/Interest --- $115
Total net income --- $10096
Expenses --- $7843 (Taken from Mint)
Savings $2252 --- Rate $22.31%
Damn, I have got to start getting the spending back under control. It seems like there is always some kind of justifiable excuse for high spending each month recently. In May, the "excuses" were my birthday and my girlfriend's birthday.
Between the two, we spent over $2500! Enjoying four days on the ocean in a beach house was really awesome though! While I hate the expenses incurred, the experiences are definitely worth it. Hopefully I can continue to enjoy new experiences. I plan to visit Disney World for the first time ever in a few month and am really looking forward to it.
Anyway, I don't wan't to be in a wheel chair 35 years from now with $5,000,000 in the bank and no "experience deposits" to show for it. If it means working a few more years, so be it. I want a good balance of money and life experiences. It's a work in progress, but progress is being made!
As far as June goes, expenses are still a bit elevated, but income should be stronger as well.