May was spectacularly bad as April was spectacularly good. I managed to only save 54% of my after tax income. The good news is that the orthodontist payments end next month, so from now on I should see a nice bump in my savings every month. Here's how it all broke down...
Expenses
Food: 3.92%
Dog: 6.94%
Transportation: 3.79%
Phone: 1.72%
Education: 0.2%
Charity: 1.1%
Insurance: 3.16%
Clothes: 0.99%
Home: 13.41%
Mortgage: 18.98%
Gift: 1.3%
Gas: 3.05%
Personal:0.07%
Eating out: 4.39%
TV/Internet: 1.47%
Medical: 15.73%
Utilities: 4.08%
Entertainment: 2.26%
Travel: 13.43%
Income
Real Estate: 40.04%
Salary: 59.96%
So the big abnormality this month was the travel expense. I went to Chicago for a long weekend and it's an expensive city. I'll be going on another trip in the coming months so we'll see another splurge then. Like I mentioned above though the big medical expense each month will be going away so hopefully I can get back to normal with my BHAG of saving 70% after taxes.
Expenses
Food: 3.92%
Dog: 6.94%
Transportation: 3.79%
Phone: 1.72%
Education: 0.2%
Charity: 1.1%
Insurance: 3.16%
Clothes: 0.99%
Home: 13.41%
Mortgage: 18.98%
Gift: 1.3%
Gas: 3.05%
Personal:0.07%
Eating out: 4.39%
TV/Internet: 1.47%
Medical: 15.73%
Utilities: 4.08%
Entertainment: 2.26%
Travel: 13.43%
Income
Real Estate: 40.04%
Salary: 59.96%
So the big abnormality this month was the travel expense. I went to Chicago for a long weekend and it's an expensive city. I'll be going on another trip in the coming months so we'll see another splurge then. Like I mentioned above though the big medical expense each month will be going away so hopefully I can get back to normal with my BHAG of saving 70% after taxes.
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