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# Archive for July, 2015

## July Budget Totals

July 31st, 2015 at 05:26 am

Personal discretionary spending (food, toiletries, entertainment, household supplies, etc) was \$266.61 before table, \$ 396.60 with the furniture purchase. Above the budget of 350/month, but could have been worse considering my splurge.

Parking: 7.75

Budget numbers for July

Budgeted- actual = difference

Rent 1175-1175 = 0
Parking 150-7.75 = 142.25
Utilities 100-35.23 = 64.77 (already paid to loan)
Insurance 64-54 = 10
Phone 112.88-66.34 = 46.54
Recurring expenses 150-0 = 150 (rolls forward)
Retirement 100-100= 0
Student loan 386-386= 0
Internet 80-22.73 = 57.27 (already paid to loan)
Food and misc 350-396.60 = -46.60 (from cushion)
Cushion 206- 46.60 = 159.40

That leaves extras in parking (142.25) + insurance (10) + phone 46.54 + cushion (159.40) = 358 surplus. 50 will go to the Roth IRA, 308 to the high interest loan. I'll post the new loan balance after the payments hit.

## Water bill, reimbursement

July 29th, 2015 at 05:52 pm

Today after getting my first quarterly water bill I confirmed with the landlord that yes, water here runs nearly thirty dollars a month! I pulled out my last two years of utility statements before I moved and I was paying around \$8/month in an individually metered apartment. My new building just divides total water bill for the building by number of units, regardless of use or how many people live there, it seems. Oh well- to account for this, I'll be adding \$32 per month anticipated water cost to each utility bill going forward, which will build up in the account until each payment comes due.

On a happier note, I finally received a reimbursement check for some work-related expenses totaling \$370.99. Since I paid for this upfront a few months ago and haven't missed the money while reimbursement was taking a long time, I decided to use \$65 of it to cover the first water bill (prorated from the move) and send \$100 to retirement savings and \$100 to debt. The remaining money will go back in the general savings/emergency fund.

Stopped at Trader Joe's on the way home from work today to pick up a few odds and ends- I've been craving pesto and ran out of milk for cereal in the morning, etc. I'm grateful that even with an unexpected utility expense, getting near the end of the month doesn't mean not being able to buy any more food until August comes around. Not everybody gets to spend \$13 on groceries just because it's a convenient time to go, without thinking twice.

## Raise, furniture splurge (unrelated)

July 23rd, 2015 at 08:51 pm

A yearly raise hit my paycheck this period- takehome pay increased by about \$60 every two weeks. The difference will go toward retirement saving instead of debt paydown this month. Starting next month I'll update the budget- should be getting the first quarterly water bill soon, so I'll finally know how much to allocate to that.

In other financial news, I finally bought the last piece of furniture for my new apartment. After failing to find what I had in mind on craigslist or at Ikea/Walmart/Target, I spent \$130 on a small bar-height kitchen table with two stools from ebay. It also came with free shipping. Not strictly a need, but something I've been planning to get since I moved in May and my old dining set didn't fit in the new space. I'm excited to be able to start having close friends over for dinner or drinks (with somewhere for them to sit to eat now!)

## Payment hit

July 15th, 2015 at 05:19 pm

Of the recent \$122 payment, \$102.75 went to principal. New principal balance: \$10,102.98

## A little here and there

July 13th, 2015 at 08:54 pm

The summer is flying by! Time for a quick financial check-in. The high-interest student loan balance is currently \$10,222.84. Should be able to get it down under the \$10,000 mark by the end of the month, if everything goes according to plan. So far I've already paid the internet and electric bills for July. The electric bill was \$35.23. Since I budget \$100/month for this, that leaves \$64.77 left over for extra debt repayment. The Comcast bill was \$22.73, out of a budgeted 80. Don't totally understand how they arrived at this number, as my new monthly plan is more than that, but it looks like some money was credited back from switching plans midmonth. That's another \$57.27, so I'm sending a \$122 extra loan payment.

Still doing pretty well with bringing coffee from home in the morning- haven't managed to do this every day, but definitely more than before. I did coddle myself a little this weekend after catching a nasty cold that knocked me out most of Saturday- turned the AC on to 83 degrees, ran a load in the dishwasher, and used the dryer to speed up the laundry process. On the frugal side, no appetite and no energy = minimal spending. I'm feeling better now, so I made a noodle stirfry for dinner which used up some odds and ends from the fridge- leftover red cabbage, the remains of a bag of frozen broccoli, and half a can of sliced bamboo shoots from earlier in the week.