Hello financial voyeurs! Are you excited for another edition of Unplanned Finance's Spending and Net Worth Update? Speaking of addition (homophone), not everyone knows that I'm pregnant, which is why I take the opportunity to announce it every month. This month you even get more special details. It's a girl! We're pumped.
Except for my mom and little sister (who already know the news anyhow), I know that you're here to see me bare the numbers, so I'll get to it.
October Spending $4017.75
Technically, our spending for the month ($4017.75) was about $600 lower than our annual average, but it was a spendy month. We had phone repairs, a business course for me, eating out expenses (Four times!), and a sky-high grocery bill (because it seems like I'm eating for fifteen instead of two).
The best money that we spent was $20 for "clothing" which included a trunkload (car trunk) of little girl clothes, maternity wear, a baby bath, a few toys, and some nursery decor. I helped a friend with her garage sale, and at the end she told me to start taking stuff. In exchange, I gave her all my cash ($20). The garage sale was to fund their adoption, so I felt that I should donate.
The worst money we spent this month was the $602.37 for car maintenance. Last month, I somehow tore the bottom of our car to shreds (you know the plastic pieces), and all three pieces needed to be replaced which cost over $500.
Since we were in the shop, we also got an oil change. Sadly, the mechanic suggested that we try to avoid getting a flat tire until we can replace all the lugnuts on our wheels. Hopefully we won't be kicking ourselves if we put that off until our next oil change.
In case you're wondering, our annual full cost of car ownership (including taxes, titles, insurance, gas, repairs, etc.) is $2184.76 or over $218 per month or nearly $.75/mile not including the depreciation of the vehicle. Here's to hoping that our cost per mile goes down in 2016
Our home spending was nice and low this month. That's because Home Depot is having some kind of billing problem, so next month we'll be paying for (and completing) our stairs (the final flooring frontier), and our Kitchen Cabinets.
October 2015 Net Worth $479,455 (Up $24K)
I guess the markets recovered last month because our accounts are up 7-9% across the board. Percentage wise, our largest gain was in the HSA which we are on track to max out by the end of the year.
We've done all of our medical spending this year without the aid of reimbursement from our HSA, which I think is the right decision for right now. Our goal is also to pay for delivery with post-tax dollars, but that will only happen in baby girl comes on time (no more than ten days late).
As far as other contributions go, we contributed to my 401k, and we're saving cash to contribute to our Roth accounts in January.
With a $24K increase and a net worth now above $475K for the first time, I count October a great month to be tracking net worth.
I'm a wife, a mom, an employee, and a personal finance nerd who is devoted to spreadsheeting my way through life.