Thursday, April 8, 2021

Income & Spending 2021....The March Report

Now that we are living on an annuity and 401K$ withdrawals(some months), I am still going to keep track of our monthly spending and income, and hopefully we'll still be able to live BELOW our means and I'll have some leftover monies each month to tuck aside.

  I am trying to be as transparent as I can with how much is coming in and how much is going out.  8-)

On to the March report---

I had 2 goals for March.......
The 1st is to actually finish the month in the black and not the red.
The 2nd is to try to have a little cash leftover at the end of the previous month to tuck back into a slush fund.  This slush fun may be to apply toward unforeseen bills that are coming due in subsequent months, to spend on "extras/wants" during the year or to just sit there and grow until the end of 2021.

I can report that we finished up March in the red.
The amount we ended the month of March with?.....-$407.28

Income or Funds We Can Access

The "income" in March---

* Monthly annuity payment of $3,222.24(after tax withholding)
* RMSA(Healthcare account)reimbursement of $1,971.99
* Interest earned on non-retirement accounts of $463.19
* A Stock Dividend of $18.27
* A Fed. Tax Refund of $248.00
Total "Income" for February.....$5,923.69

Expenses in March---

* Healthcare Premium for March was $1,971.99(paid for with RMSA reimbursement)
* Irregular bills in March were $2,471.73
* Variable Expenses in March came to $1,887.25
Total Expenses....$6,330.97

$5,923.69-$6,330.97= -$407.28

Slush into March of $46,972.38 in that Fund, add the negative $407.28 in March and this brings the Slush to $46,565.10 going into April 2021.
The Slush Fund on it's Page(tab at the top of the blog)shows an subtraction of $407.28 for March.

As for the variable expenses this March, here are the good and the bad side of things....


*  Internet, water and cell phone were the same as in February.
*  The WAM was the same amount taken as last month.
*  The electric bill was $118.61 lower than in February.
*  The gas bill was $26.30 lower than last month.


*  The Mastercard was higher by $14.60 than last month's bill. 
*  My Amazon c/c was $168.18 higher than in February.

The Food Budget costs for March are in another post, which is located HERE.  Food costs are included in the credit card payment(mainly but sometimes our WAM cash too).

It was a "meh" month as far as bills go.  Three irregular bills will do that to yah. lol  It's all ok though because we took that 401K withdrawal in February to cover these things, so no worries.

THOUGHTS going forward into April 2021----
We have no irregular bills in April so that's a good thing.  We have arrived at the "not much heat needed, no a/c needed part of the year" so electric should be lower.  Overall between electric and no irregular bills should mean lower costs overall for April unless something breaks(knock on wood it doesn't)this month.  I have a little trip at the end of the month once I get my second Covid shot + 2 weeks so that will mean a little extra $$ spent in April(gas, eating out, maybe a little shopping)but nothing the budget can't handle.

So how was your March financially?
Did you spend less than the income you had in March?
Did you stay within your budget or not?
What did you do with any money leftover at the end of the month?
Did you pay off any debts or put extra toward your mortgage principle or into savings, in an emergency fund or a retirement account?
Or did you blow it on a want?

If you posted your financial progress on your own blog, leave a link in the comments so we can go check out your progress too and celebrate or commiserate with you!



  1. Irregular bills will throw off a lot of people, but not you and your slush fund! I feel like we are doing OK. We have had families members do a bit better than we had thought they might a year ago, so haven't shore dup anyone else's budgets. We always pay into taxes because of untaxed contract funds my husband gets, but this year was more than we planned for, but his first check in April was a good one, since he was the only one it seems worked in March at his store.

  2. March was okay, paid a bill off, but no extra on the house loan. Blah!

  3. we are refinancing the house soon which looks to put 500-1000$ extra per month. Hot puppies !


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