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 April report---
I had 2 goals for April.....
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 2023.
I can report that we finished up April in the black.
Income or Funds We Can Access
The "income" in April---
* Monthly annuity payment of $3,235.81(after tax withholding)
Expenses in April---
* Irregular bills in April were $2424.64
The Slush Fund on it's Page(tab at the top of the blog)shows an addition of $3,276.04.
HERE are the GOOD THINGS
FINAL THOUGHTS on April 2023---Regular and Irregular bills with both higher than in March. The one bright spot was our health insurance premium was cut in half since Hubs is on Medicare now. The plumber was costly but a necessary expense. We knew going into April the last of the cruise costs were due and the LA state taxes as well. The car problem was an unforeseen expense. The higher Mastercard bill was mostly a new toilet(see plumber hiring above). I put those discounted gift cards bought before Easter on my Amazon c/c accounting for some of that increase in spending. But the Mama Jama expense was on Hubs Amazon c/c-buying a riding lawn mower!
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?