Tuesday, July 31, 2012

7/31/2012 - Monthly Financial Breakdown

The first Unemployed Monthly Financial Breakdown.

Well, another month has passed and this means I need to do a financial breakdown. This past month went extremely well...Lets see how well 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 7/1/2012 through 7/31/2012 I get -$552 :-)
A rough calculation would put my yearly expenses at $6625. :)  Yeay, I did it again! another sub 1K month!!

Regular Food costs: -$59 or -$14 per week (Very low)
Fun Food Costs:  -$49 or -$12 per week (Very low)
Fuel: -$265 or -$66 per week (High due to Trip)
Van: -$71 (Propane filling and BG fuel injection Cleaner)
Travel: -$0 (zip)
Insurance: -$170  per month   (Van Insurance and health insurance)
Clothing: -$0 (Nothing new in July)
Misc: -$53 (Pandora subscription renewal and misc electronic bits )
Mailbox:  -$15 (No more storage unit fees)
Gifts: -$0 (zip)

Things that were not necessary this past month: Travel, fun food, and van expenses.
The fun food expenses were eating out with friends. This brings my luxury expenses to $120 and necessary to $377 Yikes!! Without the luxury, my yearly is at $4524... :)

Ok, clean out the unusual stuff and do a monthly for the rest
Regular Food and fuel: -$400 (At least one trip to CO)
Mailbox only:  -$15
Insurance: -$170 
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: $10620

Under my 11k mark again but things must change quite rapidly in the next month if I am to maintain my unemployment.

I almost don't believe that I only spent $498 last month. Nothing was lacking in my life and I wasn't starving thanks to my parents.  

I am optimistic about next month's expense sheet, should be interesting to see exactly what is going to happen.

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 35.14%. Previous Monthly Financial post here

Current level is now estimated at 42.33%
Note: I purchased more stock with my last paycheck and also updated my expense sheet to reflect the new living situation (i.e. no more storage unit expenses, etc..)

Progress at a snail's pace but improving, My plan for August and the rest of the year is to put any spare cash that I receive into dividend stocks and trim expenses. Such slow progress and the market has not been very favorable. Currently in the red on several stocks but many are improving, I am still optimistic though.

Monday, July 30, 2012

Travel Update! 7-30-2012

Well, it has been very interesting being unemployed. First off, I lose track of time and what day of the week it is because I don't wear my watch.

My return trip to Denver was uneventful. It took two days to get home with no problems with the van other then a slow climb up Raton pass and Monument Hill. I spent one night at a rest stop near the New Mexico border.

I have spent most of the time so far at the house, getting rid of old stuff and doing maintenance on our cars. Broken things seem to gravitate to me.

My parents purchased a 26ft Chris Craft which I helped launch into Lake Granby. I spent last week on the boat, cleaning and sorting it out. I plan on returning to it this coming week because it is really nice on Lake Granby. You are on a boat which is in a lake surrounded by the mountains of the Continental Divide. Assuming I can get the van up the mountain passes, I will then take it into the National Forest areas and do some extended camping and hiking. There was some tentative plans to do some caving but all caves have been closed to protect them from disease the bats are getting.

If the van does not make it up the pass, my plan will be to do a rebuild on the motor. I did a compression test and all cylinders returned 100psi cold. The bently manual states that 115 is the minimum. There are several options for rebuilding, the cheapest is to get a piston ring set and have the cylinders honed to fit the rings. Next would be a rebuild kit for a slightly larger 2.2 liter size. The most expensive being the 2.5liter kit with fancy cams and cranks but with the highest increase in horsepower and torque. The other alternative is to do a subaru engine swap. I'd really like to have a turbo diesel...

The monthly financial post will be coming soon.Will be a bit sad due to a lack of income to boost the dividend rate. 

Sunday, July 1, 2012

6/30/2012 - Monthly Financial Breakdown

Well, another month has passed and this means I need to do a financial breakdown. This past month went extremely well...Lets see how well 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 6/1/2012 through 6/31/2012 I get -$552 :-)
A rough calculation would put my yearly expenses at $6625. :)  Yeay, I did it again! another sub 1K month!!

Regular Food costs: -$104 or -$26 per week (Normal to low)
Fun Food Costs:  -$32 or -$8 per week (Very low)
Fuel: -$84 or -$21 per week (Normal)
Van: -$14 (Renewed the Inspection)
Travel: -$0 (soon to spike with upcoming trip)
Insurance: -$170  per month   (Van Insurance and health insurance)
Clothing: -$0 (Nothing new in February)
Misc: -$127 (dental bill and a couple of movie trips )
Storage:  -$35 (plus a sunk cost of 15 per month for mailbox)
Gifts: -$34 (June wedding gift)

Things that were not necessary this past month: Travel, fun food, and van expenses.
The fun food expenses were eating out with friends and solo burritos. The Van only needed a renewal of inspection. This brings my luxury expenses to $193 and necessary to $358 Yikes!! Without the luxury, my yearly is at $4299... :)

Ok, clean out the unusual stuff and do a monthly for the rest
Regular Food and fuel: -$400 (At least one trip to CO)
Mailbox only:  -$15
Insurance: -$170 
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: $10620

Under my 11k mark again but things are going to change quite rapidly in the next month due to being unemployed.

I almost don't believe that I only spent $552 last month. Nothing was lacking in my life and I wasn't starving plus I got to stay in my friend's guest room for this past month. 

I am optimistic about next month's expense sheet, should be interesting to see exactly what is going to happen.

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 30.96%. Previous Monthly Financial post here

Current level is now estimated at 35.14%
Note: I am waiting to buy some more after market settles down a bit after the euro banking crap.

Progress at a snail's pace but improving, My plan for July and the rest of the year is to push hard on dividend stocks and trim expenses. Such slow progress and the market has not been very favorable. Currently in the red on several stocks but many are improving, I am still optimistic though.