January 2014 Goals: Review
Yikes.Not a super good start to the year, eh? I mean, sure I was under budget this month – but only because I decreased my mortgage payments. Otherwise I would have been over by about $22.
I’m going to give myself a pass for this month because a lot of expenses were out of the ordinary: my sister came to town two weekends in a row, I had no idea how much I would be spending for gas/parking, and I spent a lot more time at BF’s house than I anticipated, resulting in buying my lunches more often because I was unprepared. The majority of these issues have been fixed for next month.
Here’s how I did:
- Internet – I’m still in a complaining mood about my internet service. Every time I get my bill, I’m shocked and think to myself “this is so expensive; there must be a cheaper plan I can move to.” And every month I go onto the Shaw website, and am incredibly disappointed to realize that no, there isn’t a cheaper plan to move to. :| My only consolation is that I can write this off as a business expense.
- Food – This is me being unprepared for work, and not packing lunches like I had intended.
- Entertainment – My sister visited the city, and also one of my best friends and her husband have temporarily relocated just blocks away from where BF lives for a few months… so we did go out a lot. I’m thankful that most of the time, we stay in, cook dinner, and watch Netflix.
- Car & Transportation – Wow. This category took me by surprise. The majority of the overage was for parking, as well as a trip out to the ferries and to Point Roberts. Since parking is kind of a shared expense, BF offered to pay for half of my parking fees going forward. I’ve adjusted this category for February.
Net Worth Change: + $2,015 (2.16%)
Even though I’m paying less towards my mortgage, I actually feel really good putting more money into my RRSP/TFSA accounts. My RRSPs gained nicely this month, which is why my net worth increased by more than usual.
- Read 2 books. FAIL. I only read one book, a reread of Catcher in the Rye. Are we friends yet on Goodreads?
- Try one new recipe. CHECK! I wanted to make Thai sweet potato veggie burgers, but ended up making a vegetarian curry instead.
- Save $750 into my RRSP/TFSA. CHECK! This was split at a ratio of $600/$150.
- Run the Chilly Chase half marathon in under 1:53:30. FAIL. Fail, fail, fail, a million times fail. You can read my Chilly Chase half marathon recap for more information.
- Sell 3 items. FAIL. I have two things listed right now on eBay, but didn’t actually sell anything during the month.
- Go out for lunch only once per week. FAIL. The month started out well, but it got complicated trying to remember to bring so many things with me as I shuttled between work, my house, his house, and the field hockey field.
Author: Krystal Yee
I’m a personal finance blogger and marketing professional based in Vancouver. I’m a former Toronto Star (Moneyville) columnist, author of The Beginner’s Guide to Saving and Investing, and co-founder of the Canadian Personal Finance Conference. When I’m not working, you can usually find me running, climbing, playing field hockey, or plotting my next adventure.