Last month my husband bought some days off…so that decreased his income significantly. We also bought a double stroller on sale, since we’re going to need one in March. Our vacuum cleaner broke down and we had to buy a new one. The hubby had to buy himself some Hue lights, whatever. We went out for dinner. And….life’s what happened…really.
So, even without purchasing a new car (which we’re going to do in December) November is hereby declared a disaster. We spent a whopping 92% of our income. (Mind you: I do not include income from the side business here. I do not pay myself out. It’s just what’s left at the end of each year, basically.)
Mortgage: 32.7% (0.06% increase)
Emergency fund: 400.8% (5% increase, due to the closing down sale of the side business)
Stash (=EF + stocks): 16.23%(0.48% increase, due to increase stock market and closing down sale…)
Spending to income ratio this month: 92% (Ugh….)
Spending to income ratio this year: 63% (since we are going to buy a car in December there’s no way we’re going to get that under 60%)
I decided to include the purchase of the car in next month’s numbers and not to write it off over a period of time. I mean, our last car was supposed to last us at least 10 years but it broke down after only 4 years. I am, however, interested in how much we spent without the purchase, so I’ll calculate that number as well. But in order for things to be fair, transparent and honest…I’ll include the purchase of the damn car in my annual overview. The hubby wanted it that way as well. (I was going to cheat….and be honest about the cheating….;-)…but after a few comments decided against that. Thanks, guys!)