July 2017 Goals: Recap
July was more expensive, social, and busy than I thought it would be. You’ll see that I went over on my budget by a lot – but perhaps I should have expected that as we spent the month settling into our new place. We also made an unscheduled trip to the Sunshine Coast to visit with RD’s brother who was vacationing from Alberta, and we had guests stay with us (RD’s mom and my sister) just a few days after we moved in.
We made some larger-ish home purchases that were needed (like a mattress for the spare bedroom), and a few that were clearly wants and not needs – but our closing/moving costs were less than what we had budgeted, so we were happy to use some of that money towards making our home more cozy. The biggest change was removing the fireplace, and I’m so excited to take photos and show you how much it made a difference! Hopefully I’ll have a blog tour of our home posted in the next couple of weeks.
I already have a list of home improvements I want to do in the future (like new blinds, painting the kitchen, getting new doors and baseboards, deck flooring, and installing shower doors for our bathtubs), but we’re happy for now and will start to look at costs for the more important improvements next year, once we’ve saved up enough in our joint account.
Anyway, here’s how I did this month:
- Mortgage – we decided to increase our accelerated payments by about 12% to get to a round number. This may change in the future as we get more comfortable with the amount.
- Groceries – I went for lunch a few times with co-workers/friends, and also if there’s only leftovers for one person to take a lunch, I usually give it to RD because he works in the middle of nowhere with no access to restaurants. I work downtown and it’s much easier for me to grab something.
- Household – LOL. These expenses include the renovation, an antique hutch, a custom made spice rack, multiple trips to Canadian Tire, and buying plants. Oh, and one more large expense that I’ll talk about next week. :)
- Restaurants & Entertainment – Nothing out of the ordinary, we just went out once or twice more than we normally would during the summer.
- Personal Care – I got my hair cut.
- Gifts – Bought a couple of cute cards for occasions coming up.
Income & Savings:
I made just over $2,600 in freelance income this month, but was only able to save 25.25% of my net income because of how much we spent on getting our condo in order. I still have $4,900 pending in freelance work billed out though, so I’m excited to throw most of that towards my saving next month to make up for July. :)
July 2017 Goals:
- Work out 12 times this month. CHECK! I actually only worked out 11 times, but I’m giving myself this one because I slippedon one of our hikes and deeply bruised my upper thigh. :( I’m glad it wasn’t anything serious, and only had to take 5 or 6 days off to fully recover from it.
- Try 3 new recipes. CHECK! I made cauliflower cake, jackfruit burritos, and made a zucchini lemon loaf.
- Unpack all boxes. CHECK! We are officially unpacked!
- Grow herbs. CHECK! I planted basil, parsley, and chives on our windowsill and am happy to see they’re growing strong. I still want to grow cilantro but when I was at the store, they had sold out of seeds. Will get to it in August.
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.