Well, the day I’ve been dreading is here. The November credit card bill came and as expected, we had quite a few non- compliance charges on there. We were doing really well in September and October, but Black Friday and the holiday season got the better of us this year.
Gas – $180. Road trip to CA.
Public Transport – $47. I get $30 reimburse though.
Pet Supplies – $58
Cell phone – $40
Internet – $30
Blog Expense – $55. Research for an upcoming guest post.
Home Depot – $13. Two halogen bulbs.
Target – $76. Multivitamins, Brita water filter stuffs, undershirts ($7.50)
Best Buy – $300. A new TV purchased on Black Friday weekend….
Macy – $117. See Epic Fail on Black Friday.
* We give ourselves $100 allowance each every week to spend on discretionary items: grocery, shoes, shows, dinners out, and whatever else we want.
The $417 Black Friday weekend consumer goods should have been purchased with our allowance saving. I piggy backed my $7.50 undershirt purchase with other household items from Target, and yes I was alone at Target that day. 😉 Things that we should have saved up for – total $424.50.
November 2010 compliance rating: 52%.
It’s an F this month. 🙁
We haven’t came up with a penalty system for a bad compliance-rated month yet. I guess we could save and have our allowance deducted, but that would suck…. Any suggestions readers? Let us have it, don’t hold back. What do you do when you blow a budget?
compliance rating = 100% – (what we should have paid with cash/total bill)
100% – ($424.50/$886)
For 2018, Joe plans to diversify his passive income by investing in US heartland real estate through RealtyShares. He has 3 rental units in Portland and he believes the local market is getting overpriced.
Joe highly recommends Personal Capital for DIY investors. He logs on to Personal Capital almost daily to check his cash flow and net worth. They have many useful tools that will help every investor analyze their portfolio and plan for retirement.