Monday, February 4, 2013

Back from the BVI, van update

Hello readers,
I have returned from the British Virgin Islands and all I can say is that I want to live on a sailboat down there. It is such a beautiful place, warm and sunny, with white sand beaches. Lots of fun and adventure. I brought back three conch shells and also cracked a few coconuts.

I also came back with a cold. Picked it up from all the flying we had to do on the way home. Currently in day two of being ill but hopefully tomorrow will be better.

I will post a financial update tomorrow, I was holding off until the final bill for the boat came in but it is going to be a while so I will just estimate my costs.

Since I am ill, I decided to spend time with the van and try to sort out the weird acceleration issue I have had. I pulled all the ignition parts off and tested them per Bently manual, all tested out ok. So then I continued testing untill I had tested everything electrical and they all came out functioning normally. At this point I needed to install my oxygen sensor and get some real time running data. I ran the wires and also tapped into the AFM wires and ran them to my digital oscilloscope. The result was that I am seeing a lean mixture issue on acceleration. Fortunately for the testing, I know that my fuel pressure regulator and AFM is working properly and I can now focus on other components.
Tomorrow I will do some more testing and see what I can find. 

Friday, February 1, 2013

1/31/2013 - Monthly Financial Breakdown

The Seventh Unemployed Monthly Financial Breakdown. **Vacation Edition**

*note this is being posted retroactively and it should not be viewed as a regular month's expenses. I have not received the bill for the vacation. This would drive my numbers up significantly.*

Well, another month has passed and this means I need to do a financial breakdown. This past month is a mess due to the vacation...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 12/31/2012 through 1/31/2013 I get -$956 :-) A rough calculation would put my yearly expenses at $11472. I was under the 11K mark but the number are all a mess and I am estimating some of the cash costs of the vacation

Regular Food costs: -$0 or -$0 per week (I didn't buy any regular food this month)
Fun Food Costs:  -$37 or -$9 per week (Tea and Ginger for the trip, )
Fuel: -$0 or -$0 per week (basically didn't drive in January)
Van: -$7 (All for projects for the Mini )
Travel: -$400ish or -$100 per week (Cash expense estimate for vacation)
Insurance: -$160  per month   (Reduced Van Insurance and health insurance)
Clothing: -$0 (Nothing new in December)
Misc: -$47 (Mini project stuff, ups shipping, website domain)
Mailbox:  -$15
Gifts: -$0 (zip)

Things that were not necessary this past month: The Vacation, the car projects.  This brings my luxury expenses to $450 and necessary to $506 Yikes!! Without the luxury for this month, my yearly is at $6072... :)

Ok, clean out the unusual stuff and do a monthly for the rest
Regular Food and fuel: -$200
Mailbox only:  -$15
Insurance: -$160 
Clothes: -$0
Van:  -$50 (minor maintenance next month)
Fun: -$25 (very reasonable)
Yearly expense estimate with the new numbers: $5400

Estimated to be under my 11k mark again.

Another Unemployed month but my expenses were way up due to the vacation I had last month. I still do not know what the total bill for the boat will be, I am guessing it to be around $1300. I might have an extra bill for January, I do not know if my insurance paid for my eye exam, if not then I will own another 100 bucks or so. 

I was successful in not drinking on the boat as I had intended but I do not know if anyone else on the boat noticed. I did drink on land though, those painkillers are delicious! Most of my cash expenses went to cab rides, hotel room and eating out. Everything down there is outrageously expensive (except rum)
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 47.63%. Previous Monthly Financial post here

Current level is now estimated at 47.64%

Progress is negligible, My plan for February 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.