Friday, March 1, 2013

2/28/2013 - Monthly Financial Breakdown

The Eighth Unemployed Monthly Financial Breakdown.

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

The bill for the vacation came in, $1200 bucks. Ouch! I have already paid for the flight so this was just the raw cost of being in the virgin islands.

If I sum up total expenses from 2/1/2012 through 2/28/2013 I get -$535 :-) A rough calculation would put my yearly expenses at $6420. I was under the 11K mark but the vacation expense isn't included
Regular Food costs: -$47 or -$12 per week (normal-ish)
Fun Food Costs:  -$38 or -$9.5 per week (eating out in the Springs)
Fuel: -$62 or -$15 per week (Have a return trip from springs to add into bill)
Van: -$8 (All for projects for the Mini )
Travel: -$0 or -$0 per week (Next vacation is to Yosemite in June)
Insurance: -$160  per month   (Reduced Van Insurance and health insurance)
Clothing: -$0 (Nothing new in February)
Misc: -$80 (Cash expenses, propane, medical bill)
Mailbox:  -$15
Gifts: -$0 (zip)

Things that were not necessary this past month: The Vacation and fun food, the car projects.  This brings my luxury expenses to $46 and necessary to $489 Yikes!! Without the luxury for this month, my yearly is at $5868... :)

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 for March.

Another Unemployed month but my expenses were OK if you don't include the vacation bill. 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. 

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 stagnant, My plan for March 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. 
I recently sold two very large positions because they reduced their dividends to levels below some of my more productive stocks. I will transfer the balance into the productive ones. 

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