Friday 3 January 2014

2013 Review


I've decided to break down a year's worth of spending since it will all have been done while living in my current house which means that these should reflect next year's numbers pretty accurately. 

Total Spent 2013 – $19,165.04
Total Income 2013 – $55,142.62

In other words I’ve spent 34.8% of what I earned in the past year.

Expected Spending 2014 – $23,176.72
Expected Income 2014 – $30,000

I’m giving myself a very conservative expected income assuming no side jobs, and assuming that my disability insurance pays out. Also it should by noted that the $8,000 that I expect to spend on my Masters tuition over the next year is already sitting in a savings account. But it is nice to see that even with conservative estimates my Income is greater than my expenditures.

Mortgage

Total Spent – $47,477.19
Interest – $4200 *
Principal – $43,277.19 *

Total Expected Next Year - $34,134.32
Expected Interest – $3,300.00*
Expected Principal – $30,834.32*

*Numbers are estimates

Monthly Expenses

Spent per Month
Total Spent
Expected 2014
Groceries
$132.83
$1,593.99
$1,500.00(1)
Misc
$12.57
$150.79
$150.00
Utilities
$298.14
$3,577.63
$3,600.00
House Maint.
$43.28
$519.36
$550
House Taxes

$2,246.70
$2304
House Insurance

$1,105.56
$1,200
Bus
$68.25(2)
$606
$0
Car Payments

$45(3)
$0
Gas

$70.17(4)
$0
Train
$4.36
$52.29
$60
Cabs
$3.86
$46.28
$50
Entertainment
$10.95
$131.37
$120
Social Memb. Fees

$45
$30
Health
$32.59
$391.08
$300(5)
Clothes
$0
$0
$0(6)
Gifts
$4.90
$58.83
$60
Cell
$28.72
$344.65
$339
Internet
$47.14
$565.64
$691
Financial Planning
$13.56(7)
$122.04
$162.72
Total
$701.15
$11,672.38
$11,116.72
(1) It will be a tad cheaper since I’ll be vegetarian all year long.
(2) For the months that I needed a pass, which ended in August. I have a pass included with my Masters Tuition.
(3) Actually it was a wagon payment.
(4) I only had my parents van for one month, I have no expectation to pay for gas in the next year.
(5) I am now out of Wisdom Teeth to remove. : D
(6) Why break my streak?
(7) Only paid the monthly fee for 9 months, it will be 12 months next year.

Other

2013
2014
Masters
$2,283.46
$8,400
Cat
$149.63
$120
Professional Memberships
$403.25
$190
Masters Application
$142
$0
CPR Recertification
$100
$50
Furnishings
$54.32
$0
Passport Renewal
$160
$0
Total
$3,292.66
$8,760


2 comments:

  1. I am amazed at how well you've been doing and yay for no more wisdom teeth!

    ReplyDelete
    Replies
    1. Thanks, growing 2 wisdom teeth was more than enough.

      Delete