Now that we are living on an annuity, 401K$ withdrawals and social security payments, 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 November report---
I had 2 goals for November.......
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 2022.
I can report that we finished up November in the red.
Income or Funds We Can Access
The "income" in November---
* Monthly annuity payment of $3,235.81(after tax withholding)
* Interest earned on non-retirement accounts of $104.30
Expenses in November---
* Irregular bills in November were $1,661.66
Slush into November of $70.334.97 in that Fund, subtract November's shortfall of $8,816.68 and we get $61,518.29 going into December's 2022's Slush Fund.
The Slush Fund on it's Page(tab at the top of the blog)shows a subtraction of $8,816.68.
HERE are the GOOD THINGS
FINAL THOUGHTS on November 2022---
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?