November 2016 Goals: Recap
I’m currently typing this blog post out on my new Macbook Pro. :) After I wrote about my purchase at the beginning of November, my friend Nic convinced me I needed to upgrade the graphics card on the computer since I plan on keeping it just as long as my last one (hopefully longer).
The original budget for my computer was $3,500, and after tax, my computer came to $3,619.84. But I had $300 in Apple gift cards (which I got for my birthday in October), and I managed to sell my old computer for $400 – meaning the grand total of my computer actually came to $2,919.84! :)
Unfortunately I went over on a few other categories in my budget this month, so I wasn’t able to save my savings. But at least I didn’t go over budget, so that’s a small win.
- Tenant Insurance – One of my goals this month was to decrease our annual insurance, but we ended up increasing it because I wanted to add earthquake coverage.
- Household – A few weeks ago we went to the Circle Craft Market downtown to do some Christmas shopping, and we ended up buying a few pieces of art for ourselves. Whoops! :)
- Entertainment – One extra trip to the pub put me over budget this month.
- Clothing – I had budgeted $300 for boots and pants, but ended up using the entire amount for a pair of tall Phillip Harness Frye boots I had been lusting over for years. They are $629 on the Frye website, and I saw them locally in Vancouver for $480 after tax. But I was able to get them on a Black Friday sale through Amazon for $296.76 after tax and duties.
- Fitness – We bought a one-month membership to the climbing gym, and I also lost RD’s water bottle so I had to get another one for him. :)
- Gifts – I thought I’d just *start* my Christmas shopping for the year, but decided just to finish it off since we’ll be traveling in mid-December to celebrate some birthdays and an early Christmas with RD’s brother. The money I spent was gifts for 11 people (9 Christmas presents, and 2 birthday presents).
Income and Savings:
This month I was only able to save 19.2% of my income, because of the MacBook Pro purchase. But I’m just pleased I was able to save anything at all.
- Shop around for tenant insurance – PASS. I mean, I kind of did this by getting two different quotes. Both were about the same, so I went with the same insurer as last year. But just today I found a policy for about $200/year cheaper … so am going to try to switch. And if I cannot switch, I’ll know better for next year. :|
- Create my budgeting spreadsheet for 2017 – CHECK! My spreadsheet is bigger and better than before, and I’m so excited to start using it in January. Yes, I am a nerd.
- Freelancing – CHECK! I have one outstanding invoice for 2016, and have quoted out for 3 projects in 2017.
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.