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December 2010 Credit Card Bill


december 2010 credit card bill

December 2010 credit card bill finally arrived and it looks like we got through relatively unscathed. We did spend quite a bit of money on Black Friday, but that was all on the November bill so we consciously limited our shopping expenditures in December.

Gas – $66 (Gas price creeping up)
Public Transport – $47. I get $30 reimbursement though.
Internet – $30
New glasses for Mrs. – $150 (FSA)
New glasses for me – $150 (no FSA, bad planning on my part.)
Teeth cleaning – $7 (some credit from last time)
Baby bassinet – $170 (baby expense is starting to show up)
Pets – $124 (a bit higher than usual because we purchased 2 bags of food so we could get a free one.)
Blog – $50 donation to favorite charity giveaway
Cell phone minutes – $40
RITE AID – $74 (last minute FSA shopping spree)

* We give ourselves $100 allowance each every week to spend on discretionary items:  groceries, shoes, shows, dinners out, and whatever else we want.

December 2010 compliance rating – 100%

These all look like legitimate expenses so we get an A this month. The total bill is under $1,000 and that’s pretty good for a Christmas bill. We didn’t travel this year so that helped quite a bit too.

Some cash purchases in December

Christmas gifts – around $100
HK 3390 Stereo receiver – $220 (No more stereo equipment for me, this will last me a long time.)

compliance rating = 100% – (what we should have paid with cash/total bill)
100% – ($0/$908)

What about your December bill? Was it under control or was it a monster?

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Joe started Retire by 40 in 2010 to figure out how to retire early. He spent 16 years working in computer design and enjoyed the technical work immensely. However, he hated the corporate BS. He left his engineering career behind to become a stay-at-home dad/blogger at 38. At Retire by 40, Joe focuses on financial independence, early retirement, investing, saving, and passive income.

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.
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{ 22 comments… add one }
  • Aloysa January 19, 2011, 10:58 am

    You paid only $150 for glasses each? Do you have eye insurance (whatever it is called?) Last time we made glassed for Beaker, they were about $700. No insurance. Mine were about the same two years ago. Where did you get yours?

    • retirebyforty January 19, 2011, 12:26 pm

      Yes, we do have eye care insurance. Glasses is ridiculously expensive now. If I have to pay the full price, I’d take a trip to Thailand and get it there.
      I also tried zennioptical once (about $70 total), but I think my prescription is too complicated. I think Zenni would work for simpler prescription.

  • everyday tips January 19, 2011, 12:58 pm

    Oh how I wish my credit card bill looked like yours….

    Great job!

    • retirebyforty January 19, 2011, 1:14 pm

      Thanks! I’m happy when it’s under 1k. If we put everything on the card it would be a lot more than 1k though.

  • LifeAndMyFinances January 19, 2011, 1:02 pm

    We decided not to travel this year for the holidays as well. It did save quite a bit of money, but it certainly wasn’t the same without the family.

    • retirebyforty January 19, 2011, 1:15 pm

      We didn’t travel because the Mrs. was getting quite big with the baby on board. It wasn’t the same without family, but it was the most relaxing Christmas ever for me. 🙂
      no stress!

  • Nicole January 19, 2011, 3:34 pm

    Ours was actually lower than normal last month. I’m a bit afraid to open up January’s… they just came today. Maybe I should take a look.

    Ouch. I shouldn’t have looked. That’s what happens when you have Financial Events. http://nicoleandmaggie.wordpress.com/2010/12/31/rbofinancialevents/ And just bought a $1000 chair… and cell phones (those should be reimbursed once they process the rebate). Let’s just say we beat you by a factor of 4.5 and not in the good way.

    • retirebyforty January 19, 2011, 10:51 pm

      Yikes! That’s a big bill with car repair and all. We have to tighten the belt a bit the next few months until I’m done with tax. I think we are going to owe the IRS quite a bit this year.

    • everyday tips January 20, 2011, 1:02 pm

      I win! We beat by a factor of 5.3…

      • retirebyforty January 20, 2011, 1:49 pm

        Gosh, not a contest. You won’t win anything. :p
        I hope we won’t see a big cc bill this year, but who knows what emergency will come up…

      • Nicole January 20, 2011, 3:51 pm

        I bow to your greater spending!

        Thank goodness we all pay our bills in full and have the wherewithall to handle these ginormous abnormal bills.

        Just think of all the credit card rewards we could get if private schools accepted credit…

  • krantcents January 19, 2011, 4:44 pm

    My bill was about average, except for a new dishwasher purchase. I put literally everything on my credit card, because I am earning frequent flier miles. I quick look at your expenses looks like it is working for you. Keep it up.

    • retirebyforty January 19, 2011, 10:49 pm

      We used to put most everything on the card, but found that we have a bit more control with cash. So now, it’s about 50/50.

  • Roshawn @ Watson Inc January 19, 2011, 6:31 pm

    Like your family, we spent a decent sum on Black Friday, which consequently meant that December was a light month in terms of discretionary purchases ( I don’t know that it was deliberate on our part though).

    Anyway, your December bill looks good!

  • 101 centavos January 20, 2011, 7:21 am

    Well done on the bill, Joe. We spent Christmas with family. It was a reunion of sorts, so we were a bit profligate with the gift giving. But hey, we had a great time. I haven’t totaled up the December bills, but I have a feeling that the totals will be quite stout.

    • retirebyforty January 21, 2011, 11:15 pm

      Hope you guys had a great time! It’s always good to have a big family gathering and catch up.

  • Darwin's Money January 20, 2011, 6:54 pm

    I’ve gotta show this post to my wife LOL! We’re in the stratosphere in comparison!

  • Squirrelers January 21, 2011, 9:14 pm

    That seems like a low credit card bill for most. You have pet expenses, I have kid expenses…though with the bassinet purchase it looks like more kid expenses will be forthcoming. I have to say, I would like to have a credit card bill that low!

    • retirebyforty January 21, 2011, 11:16 pm

      Yeap, the kid expense is starting to roll in. We are trying to get hand me down and second hand stuff, but the baby clothes and toys look so cute. 🙂

  • youngandthrifty January 22, 2011, 12:35 am

    Wow, that’s awesome! You guys had such a low spend month. That’s fantastic for a family of three!

    I wish my credit card bill looked like yours too. Except we had to buy appliances such as a fridge and a stove. Fun fun!

    • retirebyforty January 22, 2011, 6:13 am

      We also have the cash allowance so that’s another $800/month. At least that’s predictable.
      You’ll have a lot of expenditure since you just moved in. Hopefully it’ll smooth out soon, right?

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