June Expenses

I’M BACK!

This is a monthly post where I break down the nitty gritty of our expenses, so you can see where our money goes each month.   I’ll also share a chart of of the progress on our mortgage, tax deferred investments, and and taxable investments. These charts don’t include numbers, but they will show trends as the months go by and more data points are added.

We track our finances using Personal Capital. Personal Capital has an easy to use system and interface that allows us to monitor our net worth and track where our money is going.  I highly recommend giving it a try.

A few notes:  We pay some of our utilities on an annual or quarterly basis, so you’ll occasionally see a spike in those numbers.  We also pay our car insurance twice a year, so that payment won’t show up monthly. We use credit cards for most of these expenses, to take advantage of the offers credit cards give you.  While I think credit cards are a great way to get a little something back for money you would be spending anyways, there is a huge caveat that you need to pay those bills of in their entirety each month.  If you can’t do that, don’t use them!

Have any other questions about our finances?  Feel free to get in touch and ask!

June Expenses

June was pretty vanilla.  We finally booked our flights for our Colorado trip in August – which was an unfortunately large chunk of change.  It will be worth it though when we are literally running through the mountains for our Ragnar race!

The other notable thing is that I’ve got the busiest birthday week you’ve ever seen the first week of July.  My mother, a friend of mine, and a friend of the family all have a birthday on the same day. Later that week is America’s birthday, my husband’s birthday, and my brother’s birthday.  ALL IN THE SAME WEEK PEOPLE. It’s basically a giant party every year, and I love it. You’ll notice there was a splurge on gifts this month in preparation for birthdaypalooza.

We go up to Duluth for Grandma’s Marathon every year.  We’ve been doing it for 9 years now and it’s one of my favorite family traditions.  A lot of beer was consumed, alongside a lot of carbs. Not our most frugal activity, but well worth every penny.

The markets were also pretty vanilla in June as well, as you can see.

How has your summer gone?