Monthly Spending – March 2017

Continuing on my goal to keep myself accountable on tracking my expenses, I give you my spending for March. There were few big expenses this month that I pay once once a year. I pay auto insurance every 6 months. This year, before my renewal, my husband and I decided to combine our insurance. I took the same opportunity to get a different quote for our home insurance since it is also up for renewal this year. I don’t think I will ever understand the algorithm behind insurance rates. We haven’t been in an accident or had a ticket for the past 5+ years and we drive an older car, but the insurance rate just keep increasing. We saved $260.49 by combining this expenses.

Oh hello baby!!

I also have some medical bills related to my pregnancy. Yup, I am pregnant and expecting our first child. We’re definitely very excited about this. The medical bill is my deductible. I am on a high deductible plan but our plan period ends in March and I had the opportunity to change my insurance and move from HSA to FSA. Both are tax deductible but with FSA, you can use the entire contribution for the entire year. My deductible is also lower. I haven’t touch my HSA since it’s invested. I have enough to cover the expenses and I plan to use my HSA as form of retirement fund. I am really lucky and very grateful for the insurance provided by my company. I know that for some other people, medical expenses can break a bank.

Oh Winter

I also paid to refill our oil this year. Last year, we have to refill it around February so it’s about that time. We’re thinking of ways to decrease the use of central heating. We have 4 rooms, the living room and the kitchen. In total, we’re really only in our living room, kitchen and our bedroom. I’m experimenting and bought a this heater for our living room. I need to watch out for electric bill to see the effect for the month. We’re also using less heat now, since we’ve been getting some sun – hello spring!

DESCRIPTIONAMOUNTWHAT ARE THESE?
Mortgage & Rent1800Monthly mortgage payment
Utilities734.42Oil
Doctor426.73Medical bill
Auto Insurance399.666 month auto for 2 cars
Student Loan200
Education125I signed up for sewing class
Electric Heater117.18
Internet75.51They overcharge me this month. I called and got a refund for the next month.
Groceries74.24
Hobby - Blog63.2I purchased a theme for this blog
Gas & Fuel45.98
Restaurants40.96
Mobile Phone33.88
Tolls30Refill of toll pass
Pet Food & Supplies21.53The furry baby got some poop bags and toys from Amazon
Wedding Expenses20.73The shipping and the ad that I paid for to sell my wedding dress
Movies & DVDs5.91Rented a DVD for a date night -- oops
Parking1.5street parking when I visited the doctor
Grand Total4216.43

Want to know more – just ask. If you have any recommendation where I can manage to decrease this, feel free to comment. I thank you in advance.

Tracking: I track my expenses using mint. I really like the app and made categorizing my expenses very easy. I enjoy looking at charts and the comparison feature is fantastic.

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