July wrapping up means summer is basically halfway done – depressing right?
The month was basically business as usual, although I saved a lot more because my girlfriend is across the country for the next 2 months on a summer gig, which means zero dating expenses. It’s bittersweet, I guess?
Overall, I spent $2095.69 this month for a solid 67.85% savings rate. Passive income for the month also hit an all-time high for me, which was great.
|Dating||$0.00 (until September when she gets back)|
|Phone||$0.00 (until December due to credits)|
Clothing ($99.05) – I feel like I keep vowing to stop buying clothes, but I’m going on vacation in September and needed some gear…
Coffee ($19.87) – Within the average norm…
Dating ($0.00) – She’s across the country for a summer gig. Bittersweet?
Entertainment ($123.33) – I went to the movies SIX times. Don’t judge me. Bought popcorn each time too. Also hosted a games night and provided dinner and many snacks.
Fitness ($37.11) – Went ZERO times this month, so this is just a complete waste of money. Fail.
Food ($331.69) – Again in the normal range. Costco and some bought lunches in here too.
Gas ($24.26) – Well below average thanks to Petro Points.
Gifts ($186.00) – Wedding gift and card and birthday gifts for a friend and my nephew.
Grooming ($44.00) – Two haircuts this month, the product of it being a longer month and the need to look trim for some important presentations at work.
Medical ($7.80) – Massage covered at 90% through workplace benefits.
Networking ($6.00) – Met an old boss for lunch. He paid for the meal but I allocated the transit costs to this budget line.
Phone ($0.00) – WOO! No cell phone bill until December thanks to account credits!
Supplies ($24.57) – Misc household supplies.
Transit/Tolls ($54.00) – I took the train to see my girlfriend one weekend before she left. It also thunderstormed a lot more, which put biking out of reach.
Investment Income (+$336.05)
Inclusive of savings accounts, realized gains and dividend income, I netted $336.05 passively, which brings my total for the year to $1,870.50. That’s a record high!
Net Worth Update (+$5,541.97)
Investments increased in value and CPP and EI are no longer being deducted from my paycheck. My net worth increased to $173,936.84.
Other Financial Updates