Pay Day July 2013

So my monthly pay check is in for a total of $3,598.39.  During the month of June I also earned $400 from renting one of my spare rooms and $158 tutoring.  Both extra amounts went against my mortgage.  

Housing 40% - $1,439.35

Mortgage - $646.62

House Maintenance - $315.00

Housing Taxes - $192.00

House Insurance - $72.00

Utilities – $213.73

Total – $1,439.35

Savings 10% - $359.83 – All going to my RRSP

Debt 10% - $359.83

Transportation 15% - $539.75

Bus Pass – $68.25

Train - $0

Other - $0

Car Savings – $471.50

Total - $539.75

Life 25% - $899.63

Emergency Savings - $233.15

Travel - $175

Food - $160

Cell – $30

Internet - $50

Health Insurance – $23.52

Clothes - $10

Gifts - $10

Misc - $20

Big Ticket Item - $100

Entertainment - $10

Social/Sports - $5

Financial Planning - $14

Slush – $58.96

Total - $899.63

Of Note:

-My Emergency Fund is now fully funded meaning that this money will be redirected to paying off my mortgage. 

-My financial goals have been updated here (except the house my mortgage payment only come out on the 8^th), and I have moved forward in all goals (except the house)

-I continue to be able to put most of my transportation budget towards savings for a car since I have been able to get around with only my bus pass and the occasional ride from a friend

-Some reshuffling concerning budgeting methods and financial goals will be coming soon, stay tuned!