Last Month’s Numbers

Finally!

March 2014
Mortgage: 31.66% (0.3% increase)
Emergency fund: 303.5% (even though we’re investing bigger chunks of money…our EF won’t shrink that fast)
Stash: 9.56% (10% here we come!)
Income to spending ratio this month: 58% (now, that’s what I’m talking about! Even though we had to pay real estate fees to get the Hungarian house on the market and the hubby made a bunch of extra trips to the store to get baby supplies (jeez…those nappies have a short life span!) we nailed March!)
Income to spending ratio this year: 69% (ow, yeah, <60% here we come!)

Our little girl is doing great. We just love being a family. The hubby is totally in love with his daughter…and so am I! He turns out to be a wonderful daddy. Yes, people, I feel extremely happy and blessed!

Love,

Mrs EconoWiser

House For Sale

Finally, our Hungarian real estate agent made it to my Hungarian farmhouse and that of my brother’s. He took pictures and now they’re up for sale. We are never going to get the money our parents put into these houses back for them. I wish they had never bought these houses for us… I don’t want to sound ungrateful. Putting these two houses up for sale already cost me and my brother €508 in total. There goes our spending to income ratio of this month. Each house that is eventually sold will cost us another €1500 each in legal fees etcetera. IF these houses ever get sold… (Oh, and don’t think we’re going to fetch tens of thousands on these deals. Trust me, you wouldn’t want to be in this situation. We really want these stupid houses off our names a.s.a.p.)

Another lesson learnt. Never, ever, ever buy a second home (especially abroad). It’ll only cost you time and money. This also proves (again) that the hubby and I don’t want to be landlords. We’ll stick with cash, stocks, bonds and REITs.

Love,

Mrs EconoWiser

Swapping

In my hometown a Facebook page has been set up in order to encourage people to swap items that they don’t use anymore and want to get rid of. It’s all about swapping these things locally and meeting new people whether it be on or offline. I’ve signed up for this, but haven’t swapped anything yet. I figured this not the handiest time ever since I could go into labour any moment now.

However, one of my neighbours has turned into an avid swapper. She came across this woman with three daughters who was interested in one of her items and only had baby’s clothes on offer. She phoned me whether I would object to her getting gifts for our baby this way. Hell no! I LOVE this idea! So she swapped the items and she just couldn’t wait for the baby to come in order to give me the baby’s clothes she got through swapping. Haha! I think there were about second-hand 25 (!!!) items and they’re really cool! I am over the moon with this gift. I just love how it didn’t cost her anything but her time and an item she didn’t use anymore anyway. Her baby shower gift to me was also really cool: she’s going to bake a pie for her first birthday. She’s really good at baking cakes. I mean, how cool is this?! I think I have met a like-minded person in my neighbourhood, yay!!!

Would you have objected to this idea?

Love,

Mrs EconoWiser

P.s. I am so going to join this swap thing after the baby is born. One person’s trash is another person’s treasure!

This Month’s Investment

It’s March so it’s my turn to invest a larger amount with Vanguard’s FTSE All-World UCITS ETF via BinckBank. I invested in January and the hubby did it in February. Now it’s my turn again. However, we haven’t really set a specific date each month. That means that we’re looking at stock prices…I know I know…we can’t time the market. But…but…but…we’d like to buy at the best moment of the month. I am soooooooooooo going against my own advice and ideas here!

What would you suggest?

Love,

Mrs EconoWiser