Net Income for the month:
Standard income (both me + M) = $12,800
Sign on bonus = $10,080
Total income = $22,880
Total spending for the month = $11,990
The other roughly $10,000 went to our savings account, to save for our anticipated 2013 taxes.
Spending categories (note that for this month, I'm not including our $5,000/month rent in California, as it's our last month of getting reimbursed for our relocation. I'm also not including our rental income from our Seattle house, as the first month mainly goes towards property management fees). Slight errors due to rounding:
- Seattle house mortgage - $4,124
- Vacation house mortgage - $2,250
- Child care - $1,167
- Seattle house utilities/yard service - $703
- Christmas - $619
- Groceries - $499
- Utilities on our current/California house - $434
- Cleaning service - $360
- Gas - $324
- Boys clothes - $322
- House - $266
- Insurance - $231
- Boys - $194
- Liquor - $170
- Dining out - $150
- Health - $95
- Personal - $76
- Car - $24
- My clothes - -$13
- Gifts - -$7
Commentary on the spending:
- We stuck to our grocery budget!
- We spent nothing on vacation house utilities (billing cycle) & boys activities.
- I returned a shirt, and spent $0 on clothes.
- I used a Nordstrom reward to buy a birthday gift for a friend.
- Christmas - we're on track with our spending.
- Not noted on our spending, but I managed to max out my retirement. (Most of it was done earlier in the year, but I put $3,500 in to hit the IRS max with my sign on bonus.)
- Seattle house utilities. I can't believe how high they were! I can only imagine that the construction crew had all lights blaring 24x7 all day, every day for months at a time. Luckily, our renter has now taken over everything but $160/month, as we're including yard service in the rental arrangement.
- Lest you think we're lushes, the liquor budget included an expensive bottle of champagne, & two bottles of wine - all of which we brought to the Thanksgiving we attended.
- Boys clothes - we had to buy both kids two new pair of shoes each, and my older son outgrew his entire wardrobe. Underwear, socks, jeans, jackets, you name it.
I think that pretty much sums it up! Lots of areas for improvement in 2014, but we finally have renters for our Seattle house. That should tidy up our cash flow quite a bit.
How about you? How did you do with your November spending? Which categories are you hoping to change in 2014?