January Spending: $1,182.27
Usually, I would say “Here’s Every Penny I spent in January!” but January was different in that I spent a few days on a business trip for my side hustle, where I racked up $1,471.35 in credit card bills. Thankfully, the expense report went through and I got that paid back mid-February. So those few days’ spending are not in this spending report.
So with that in mind, my spending vs goal for January was -$317.73. Not sure what I’m going to do with the money I don’t spend every month vs the goal ($1,500), but I think I’m going to just leave it in my checking account for the inevitable months that are going to go over $1,500.
Home includes Rent, Wifi, Electricity, and Laundry. I split my rent, wifi, and electricity with my roommate, which helps to keep the expenses here low. Laundry is a drop-off every few weeks where the laundromat does it for me and I pick up at the end of the day.
This is what I would consider my “core” living expenses. I basically need $900 a month to have the roof over my head and keep the lights on.
My monthly subscriptions are for Netflix (that I share with my boyfriend and sister), and the Gym. They are currently both around $11 a month, though I’ve heard that Netflix is going to up their prices soon.
I feel like this is already pretty bare-bones (I’ve only kept things I use or want to use often), and I’m pretty happy about my $11/month membership for a gym down the street, since NYC gym memberships can get REALLY pricey.
My Food portion consists of Groceries, Restaurants, and Cafes. I don’t drink alcohol, so Bars are never an issue. I only go to cafes and buy coffee on special occasions, and generally make my own or drink at the office.
This month, Groceries were $115.89, and Restaurants were $43.55. It seems like I just didn’t go out very much because I was exhausted from my trip, and got enough “eating out” cravings satisfied from the few days of expensed outings. I bought a lot of vegetables and frozen dumplings in January for my Hot Pot.
Restaurants are generally not this low, and I budget for $300 a month for eating out. Groceries are budgeted at $200 a month, for total Food budget of $500 a month.
The Miscellaneous portion consists of Traveling, Work Out Classes, Shopping, and general Miscellaneous expenses.
These were Lyft rides (at $10 discounts each because of some deal?) for my doctors’ appointments, which I had a few of. So these were 4 rides to and from the hospital for my rheumatologist and neurologist appointments.
Work Out Classes: $40.00
I started taking Hip Hop classes, though I only went a few times before switching over to going to the gym because it’s down the street. I don’t know if I’ll go back to going to the classes or not, but it gave me the “jolt” I needed to start exercising again, so I wouldn’t mind either way.
I budgeted for $60 a month for work out classes (3 classes).
These classes are $20 each for an hour and a half, and quite challenging and fun! If you’re in NYC and interested in a drop-in style (super low commitment) and affordable dance classes, I highly recommend checking out EXPG! (They have a studio in LA too.)
I didn’t buy anything or have miscellaneous expenses. I budget out $50 for each portion every month for total of $100.
YTD Spending: $1,182.27
At goal of living on $1,500 a month, I have $18,000 in 2019 to spend.
With January’s spending, I am at 6.6% of the annual spend goal.
How was your January spending? Was it higher or lower than expected? Any goals for your spending? Do you use a budget or do you just kind of wing it?
I’m a “wing it” kind of person, but I figured even if just for 2019, it’ll be fun to track everything I spend money on!