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.
This month I also had a goal to survive the move and have a little fun. So far, so good.;-)
I can report that we finished up November in the red.
I can report that we finished up November in the red.
The amount we ended the month of November with?...-$8,816.68
Income or Funds We Can Access
The "income" in November---
* Monthly annuity payment of $3,235.81(after tax withholding)
Income or Funds We Can Access
The "income" in November---
* Monthly annuity payment of $3,235.81(after tax withholding)
* SS income of $3570.00
* Interest earned on non-retirement accounts of $104.30
* Interest earned on non-retirement accounts of $104.30
* Storage deposit refund from PA $25.00
* C/C credits on m/c statement of $76.04
Total "Income" for November....$6,986.15
Expenses in November---
* Irregular bills in November were $1,661.66
Expenses in November---
* Irregular bills in November were $1,661.66
* Variable Expenses in November came to $11,915.04
* Health insurance premiums totaling $2,226.13
Total Expenses....$15,802.83
$6,986.15-$15,802.83=-$8,816.68
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.
Outgo
As for the variable expenses this November here are the good and the bad side of things....
HERE are the GOOD THINGS
HERE are the GOOD THINGS
* The cell phone, WAM, as well as the Health Insurance premium were all the same as last month.
* There was no water bill in November. It will be due in December.
* The gas cc bill was $90.48 lower than in October.
* We got a small deposit refund from the storage in PA,
HERE are the BAD THINGS(so many bad things...)
* The Mastercard was $3,550.74 higher in November.
* My Amazon c/c was $210.30 higher last month(mostly groceries).
* Hubs Amazon c/c bill was $1,528.44 higher in November than in October.
* We had many irregular bills due in November too--
* 2 Vet bills for the dogs(1 for well check and shots, then Dixie got sick so another visit and meds.)
* Had to pay for an HVAC guy to put a dryer vent in.
* 6 months of car insurance. I think we'll change companies in the new year as the rate seems high.
* We paid the garbage service in advance for a full year and this is higher here than in PA.
* I had a small balance on a c/c I don't use much and don't remember what I bought. lol
* Car inspections once we registered the vehicles them in LA.
* New LA driver's licenses were bought and paid for as well.
The Food Budget costs for November are in another post HERE. Food costs are included in the credit card payment(mainly but sometimes our WAM cash too).
FINAL THOUGHTS on November 2022---
November was another very expensive month. Lots of bills from the move came due and were paid as well as having to purchase needed stuff like a bed, chairs, storage units, etc. While our PA house sold on November 29th we have some residual utilities to pay there and theses will carry over into December bills. I think November saw the last of the "move" bills. After the house sale check arrives we can set up a bank account nearby which will make paying bills easier than it's been so far and we can close the PA account down and have those funds transferred here. It will be nice to have our money settled down and consolidated again. 8-)))
THOUGHTS going forward into December 2022--Won't be around to spend much here but we'll be spending elsewhere in December. There will continue to be small charges here and there as we fix things, remove and improve things, replace things that didn't come or make it to LA. There will be an irregular bill as Long Term Care comes due in December and we'll be making the third house insurance payment(this is so weird here--you pay it over the first 5 months of your policy and then you are done for the year?).
So how was your November financially?
Did you spend less than the income you had in September?
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?
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!
Sluggy
