Tuesday, May 1, 2012

4/30/2012 - Monthly Financial Breakdown

Well, another month has passed and this means I need to do a financial breakdown. This past month was Ok ....Lets see how it went. How much is Van dwelling in my VW Westfalia saving or costing me?

Previous Monthly Financial post here

If I sum up total expenses from 4/1/2012 through 4/30/2012 I get -$1056
A rough calculation would put my yearly expenses at $12,679. close but higher then last month...
lets take a closer look.

Regular Food costs: -$197 or -$49 per week (High)
Fun Food Costs:  -$92 or -$23 per week (Low)
Fuel: -$228 or -$57 per week (Normal to High)
Van: -$33 (Propane and Fuel system Cleaner)
Travel: -$88 (Road Trip fuel and Toll Tag billing)
Insurance: -$50 per month   (I pay in 6mo intervals to reduce the premium but still counted as monthly)
Clothing: -$0 (Nothing new in April)
Misc: -$384 (Genetic Testing Kit and External Hard drive for DVD collection, shipped a box and renewed the domain name )
Storage:  -$32 (plus a sunk cost of 15 per month for mailbox)
Gifts: -$0

Things that were not necessary this past month: Travel, fun food, Genetic Kit, and Hard Drive
The fun food expenses were eating out with friends and solo burritos, I am tempted to not put my solo burrito meals in the fun food. Travel was a trip to Canyon Lake for camping, I picked up the fuel bill. The Hard drive was needed so that I could eliminate the physical clutter of DVDs and also backup my laptop's files. The Genetic kit is also a luxury expense but will be interesting to see what it says. This brings my luxury expenses to $564 and necessary to $491Yikes!! Without the luxury, my yearly is at $5900... :)

Ok, clean out the unusual stuff and do a monthly for the rest
Regular Food and fuel: -$450 (Seems my food and fuel costs have been slightly higher then estimated)
Storage and box:  -$47
Insurance: -$50 
Clothes: -$0
Van:  -$100 (I don't anticipate any large projects for next month)
Fun: -$200 (I need to watch my fun costs)
Yearly expense estimate with the new numbers: $10164

Again, just under my 11k mark but still disturbed by fun/misc expenses. The genetic kit and the hard drive killed this month's budget. Fun food and travel were lower this month but still contributed. 

I am optimistic about next month's expense sheet, should be interesting to see exactly what another almost normal month will look like.

Note: Sold mattress and vacuum. Still have van parts, watermaker, tent, and lots of clothes

Here is the status of my dividend income:
I have a running total of yearly expenses which I base my numbers off of so if my monthly goes up my dividend income against it decreases in value.
Since I re-aligned my investment strategy I've been putting extra cash into dividend paying stocks and other investment opportunities.

 Last post it was at 23.5%. Previous Monthly Financial post here

Current level is now estimated at 24.0%

Note: I have another paycheck's worth of cash to purchase more stocks but I am waiting for the market to decline a bit before i do. If I were to include that additional stock purchase my estimated level would be at: 26.97.3%

Progress at a snail's pace but improving, My plan for May and the rest of the year is to push hard on dividend stocks and trim expenses.

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