My Money Overview

I have decided to do things differently on this page. You can find the “old” numbers below. The new way of calculating the numbers goes something like this:
Mortgage: stays the same. I’ll calculate the percentage of our home we own
Emergency fund: we have a fixed number in mind, so that should be 100%. I’ll calculate percentages with that number in mind.
Stash: We have a number in mind on which we could completely retire early. I’ll calculate percentages with that number in mind. This category includes our investment portfolio and other assets which we can draw passive income from.
Spending to income ratio (monthly and annually): In 2013 we spent 65% of our income. In 2014 we don’t want to exceed this percentage. Maybe we can get it down to 60%? There will be extra expenses due to the little one. But on the other hand there won’t be that many expensive holidays anymore.  I’m going to publish our savings rate from now on. I will calculate it according to MMM’s suggesting over here.

December 2015
Mortgage: 34.72% (+0.23)
Emergency fund: 100.02% (the 0.02% is interest received)
Stash (=EF + stocks): 20.09% (+0.13% YEAH! We passed the 20% mark!!! Multiply this amount by five and we’re FI)
Savings rate this month: 30% (Yikes, however…our mortgage payment for January was already collected this month, so we had two mortgage payments in December. It should relieve January 2016 off monetary pressure)
Savings rate this year: 40% (So, 40% it is!)

November 2015
Mortgage: 34.72% (+0.23)
Emergency fund: 100.02% (the 0.02% is interest received)
Stash (=EF + stocks): 20.09% (+0.13% YEAH! We passed the 20% mark!!! Multiply this amount by five and we’re FI)
Savings rate this month: 21% (Bummer…the hubby bought extra days off so he was paid a lot less this month)
Savings rate this year: 41% (Hmmm, I’d like to keep this above 40% this year…50% seems a bit too adventurous for us right now…)

October 2015
Mortgage: 34.49% (+0.09)
Emergency fund: 100.01% (we’re ALL IN investmentwise! WOOHOOH!!! As of now we’ll keep our emergency fund at 100% and invest all our surplus money on top of our monthly investments. Yeah, baby! Oh, and the 0.01% was interest paid on these savings accounts)
Stash (=EF + stocks): 19.96% (+ 1.2% due to the stock market! And: ARGH, just 0.04% shy of 20%!!!)
Savings rate this month: 37% (Hey, not bad as we went on a weeklong holiday! )
Savings rate this year: 42% (Hmmm, I’d like to keep this above 40% this year…50% seems a bit too adventurous for us right now…)

September 2015
Mortgage: 34.40% (+0.29)
Emergency fund: 186.8% (-31.6% because we invested a bunch of stocks! Still…way too much cash for my liking….)
Stash (=EF + stocks): 18.76% (When will we pass 20%??)
Savings rate this month: 32% (Boohooh, October is going to be worse…we booked a holiday home for a week. However, that’s something we’re really going to enjoy! ❤ )
Savings rate this year: 43% (Ok)

August 2015
Mortgage: 34.09% (+0.16)
Emergency fund: 218.4% (-94.8 because we invested a bunch of stocks! Still…way too much cash for my liking….)
Stash (=EF + stocks): 18.18% (-0.97% due to loss of value in stocks)
Savings rate this month: 41% (Nice!)
Savings rate this year: 44% (Happy!)

July 2015
Mortgage: 33.93% (+0.15)
Emergency fund: 313.2% (-14.1 because we invested a bunch)
Stash (=EF + stocks): 19.15% (+0.30%)
Savings rate this month: 47% (Almost 50%!!!)
Savings rate this year: 44% (hoorah!)

June 2015
Mortgage: 33.78% (+0.16)
Emergency fund: 327.3% (+19.8%)
Stash (=EF + stocks): 18.85% (+0.95%)
Savings rate this month: 61% (YAY!!! due to our annual tax return)
Savings rate this year: 44% (woot!!!)

May 2015
Mortgage: 33.62%
Emergency fund: 307.5% (+11.5%)
Stash (=EF + stocks): 17.9% (+0.6%)
Savings rate this month: 54% (YAY!!! due to my “holiday money”, we’re still waiting for our annual tax return. So June should be a lot of fun as well.)
Savings rate this year: 38% (40% here we come!!!)

April 2015
Mortgage: 33.47%
Emergency fund: 296% 
Stash (=EF + stocks): 17.3% 
Savings rate this month: 34% (we splurged on a new born photoshoot and another baby carrier, I had to pay “my own risk” health insurance…it’s a Dutch thingy)
Savings rate this year: 33% (+1%!!!! I am hoping for a 40% savings rate this year…but 50% would be awesome.)

March 2015
Mortgage: 33.31%
Emergency fund: 307% 
Stash (=EF + stocks): 17.1% 
Savings rate this month: 36% (WOOT!)
Savings rate this year: 32% (+2%!!!! I am hoping for a 40% savings rate this year…but 50% would be awesome.)

Februari 2015
Mortgage: 33.16% (0.16% increase)
Emergency fund: 302% 
Stash (=EF + stocks): 16.49% 
Savings rate this month: 32% (we had to pay taxes, the hubby bought a ticket for a music festival, we bought 4 safety gates for our stairs to protect the kid from falling down and prevent her from climbing up, we did a family photoshoot and we bought some stuff for the little boy who’ll be arriving shortly)
Savings rate this year: 30% (I am hoping for a 40% savings rate this year…but 50% would be awesome!)

Januari 2015
Mortgage: 33% (0.15% increase)
Emergency fund: 314% (-15% due to large chunk of money which we invested)
Stash (=EF + stocks): 15.77% (+0.55% due to savings rate and bull market)
Savings rate this month: 28% (we pay our health care insurance annually, so we paid over €2,000 in one go AND the hubby went snowboarding in Winterberg for four days)
Savings rate this year: 28% (I am hoping for a 40% savings rate this year)

December 2014
Mortgage: 32.85% (1.15% increase)
Emergency fund: 329% (-71% due to the car purchase)
Stash (=EF + stocks): 15.22% (-1% due to the car purchase)
Spending to income ratio this month: 237% (including the car purchase) 68% without the car purchase…I was curious….
Spending to income ratio this year: 80% (including the car purchase) 64% without the car purchase…again…curiosity!

November 2014
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%)

October 2014
Mortgage: 32.64% (0.09% increase)
Emergency fund: 395% (3% increase, due to the closing down sale of the side business)
Stash (=EF + stocks): 15.75% (slowly getting to 20%)
Income to spending ratio this month: 54% (Now that’s the way to do it!)
Income to spending ratio this year: 61% (<60% here we come!)

September 2014
Mortgage: 32.55% (0.15% increase)
Emergency fund: 392% (4% decrease, due to money going towards stocks, stocks are not included in our EF since they’re not liquid assets)
OMG! I have discovered a mistake in my Excel sheet…. the formula only added our Meesman accounts to our ‘Stash and didn’t include our BinckBank account…. D’OH D’OH D’OH….I never added these accounts to the formula after we started to invest with Vanguard at the start of this year…let’s blame the pregger hormones 😉 Anyway….we’re closer to being FI than I thought….woohoo!
Stash (=EF + stocks): 15.14% (20% or 1/5 here we come!)
Income to spending ratio this month: 59% (yeah! Even with a couple of extravagent expenses this month we managed to keep our spending below 60%!)
Income to spending ratio this year: 61% (<60% here we come!)

August 2014
Mortgage: 32.4 (0.22% increase)
Emergency fund: 396% (2% decrease, due to money going towards stocks)
Stash (=EF + stocks): 12.86% (0.79% increase due to investments and the bullish stock market)
Income to spending ratio this month: 57% (yeah! Even with the husband going to a 3-day music festival and spending lots on drinks and food)
Income to spending ratio this year: 61% (<60% here we come!)

July 2014
Mortgage: 32.18% (0.8% increase)
Emergency fund: 398% (57% increase….thanks to my windfall…we keep on throwing cash at our stocks on a monthly basis, but it will take a while before we get this down to 100%)
Stash: 12.07% (1.03% increase. FI, here we come! F-you money rocks!)
Income to spending ratio this month: 88% (we spent €1800 on a holiday home…since this will probably be my only holiday this year and we don’t want to take the baby camping just yet….sterilizing bottles without a microwave is a bitch….waahhhhhhwaaaaaaaahhhhhhh, yeah, we’re wussypants! And our irone throne (aka car) cost us €450 this month.) No, I did not include the windfall, since it doesn’t count as income.
Income to spending ratio this year: 62% (I’m not worried, we’ll get to <60% in 2014!)

June 2014
Mortgage: 32.1% (0.3% increase)
Emergency fund: 341% (we keep on throwing cash at our stocks on a monthly basis, but it will take a while before we get this down to 100%)
Stash: 11.04% (0.27% increase. FI, here we come! F-you money rocks!)
Income to spending ratio this month: 67% (hm…where did that money go? We went to a music festival, got an indoor skiing membership for two months during the summer and bought lots of organic products like nappies and shower gel. That money wasn’t wasted from our point of view…however these expenses won’t help getting FI sooner…)
Income to spending ratio this year: 58% (Ow, yeah!!! <60% here we come!!!)

May 2014
Mortgage: 31.8% (0.6% increase)
Emergency fund: 342.4% (45.7% increase….our ER keeps growing like crazy, even though we’re investing our asses off….)
Stash: 10.77% (1.27% increase! Financial independence, here we come! Ow yeah, we love F-you money!)
Income to spending ratio this month: 30% (thanks to a huge tax return and “holiday money”)
Income to spending ratio this year: 57% (Ow, yeah!!! <60% here we come!!!)

April 2014
Mortgage: 31.74% (0.8% increase)
Emergency fund: 296.7% (more has gone into investments, yay!)
Stash: 9.5% (hardly an increase here)
Income to spending ratio this month: 78% (uhoh…the hubby went to a music festival, we bought an amplifier, bought several items at a baby store, a couple of annual memberships were paid for and the hubby got me expensive shoes for my birthday…I need special shoes due to my orthotics)
Income to spending ratio this year: 71% (Ouch! Would still like to get to <60%!)

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!)

February 2014
Mortgage: 31.36% (0.14% increase, interest on the savings part of the mortgage was paid out, we can’t make extra mortgage payments due to stupid tax rules)
Emergency fund: 306.1% (about 2% increase…we have started throwing more into index funds…but the emergency fund is still growing!)
Stash: 9.35% (0.2% closer to early retirment)
Income to spending ratio this month: 74% (as expected, not very impressive. the husband repaid his wintersport buddy the remainder for his holiday, we had professional pregger pictures taken, the hubby bought tickets for a music festival…besides the fact that we’re going to have a baby, nothing expensive will be happening to us in March 😉 )
Income to spending ratio this year: 76% (not a realistic number yet…, we’ll get to 60-65% by the end of this year!)

January 2014
Mortgage: 31.22% (0.14% increase, interest on the savings part of the mortgage was paid out, we can’t make extra mortgage payments due to stupid tax rules)
Emergency fund: 304.5% (we started throwing more into index investment funds)
Stash: 9.15% 
Income to spending ratio this month: 78% (as expected, not very impressive and it should be worse. The hubby still needs to pay back the wintersport holiday, but his friend hasn’t sent a bill yet. Also, our January mortgage payment was already deducted in December. Both of us also paid our annual health insurance in full. February will even things out)
Income to spending ratio this year: 78% (not a realistic number yet…)

December 2013
Mortgage: 31.08% (0.07% increase, I continue to hate the fact that we can’t make extra mortgage payments anymore…)
Emergency fund: 321%
Stash: 8.47% (0.33% increase)
Income to spending ratio this month: 79% (NOT fair since the mortgage was already taken from our bank account on 31st December 😦 Without that early mortgage payment it would have been 64%…but now we won’t have a mortgage payment in January 2014…yay!)
Income to spending ratio this year: 65% (bang on the lower challenge I set!)

November 2013
Mortgage: 31.01% (I continue to hate the fact that we can’t make extra mortgage payments anymore…)
Emergency fund: 309% (Thanks to the endowment.)
Stash: 8.14% (4% increase, almost at 1/10 of being FI!)
Income to spending ratio this month: 57% (verrrrrrrrry happy about this!)
Income to spending ratio this year: 63% (1% decrease, yay!)

October 2013
Mortgage: 30.93% (I still hate the fact that we can’t make extra mortgage payments anymore…)
Emergency fund: 122% (15% increase! We’re still too chicken to dump a huge amount into investments in one go…)
Stash: 4.14% (Exciting news…we’ll be expecting a windfall this month so our stash will increase like crazy)
Income to spending ratio this month: 62% (very happy about this as we went on a mini-break, bought a second-hand stroller and some other stuff)
Income to spending ratio this year: 64% (No change = good!)

September 2013
Mortgage: 30.72% (I hate the fact that we can’t make extra mortgage payments anymore…)
Emergency fund: 107% (4% increase! We’re looking at increasing our monthly investments because emergency fund stash only fetches 1.85% interest at the moment.)
Stash: 3.98% (I’ve decided to set ourselves a goal here: 5% by the first of January 2014)
Income to spending ratio this month: 57% (NO WAY!!! We bought a second-hand nursery, went out for dinner a couple of times, had a birthday party and the husband bought a new shaving device because the old one broke. I didn’t expect this!!!)
Income to spending ratio this year: 64% (It dropped by 1%, yay! Maybe we should challenge ourselves and go for 60% this year?)

August 2013
Mortgage: 30.49%
Emergency fund: 103.19% (turns out we were able to fill up the stash pile this month already!)
Stash: 3.85% (Refilling our emergency fund AND increasing the stash = great!)
Income to spending ratio this month: 57% (I was SURPRISED! In August we went to a festival, on frugal holiday (that must have helped…but still), went out to eat a couple of times and the husband joined an expensive stag party)
Income to spending ratio this year: 65% (I actually expected this number to have gone up…but it didn’t, yay!)

July 2013
Mortgage: 30.35% (whoohoo!!!)
Emergency fund: 88,05% (that’s because we paid off the interest-only mortgage, we’ll “fix this” during August and maybe we’ll need September as well)
Stash: 3.3% (haha, we’re nowhere near retiring early as the focus was on aggressively paying off the mortgage)
Income to savings ratio: 65% (due to a whopping tax break!) The monthly numbers were:
January 98% Februari 98% March 73% April 94% May 71% June 40% and July 28%…I guess we’re heading into the right direction?! This year’s goal was 75% and next year’s 70%. Let’s see whether we can nail the 70% this year already?!

The “old” numbers:

On this page I will inform you on our “numbers”. My husband doesn’t want me to publish any numbers, so I decided to go with percentages and I’ll update the numbers monthly.

The mortgage numbers are easy. We have X amount of mortgage and paid off X%.

The emergency fund needs a bit of explanation. I calculated our average expenses for a year (which are high now, because of the monthly minimum mortgage payments) and made that 100%. Our emergency fund consists of cash which is readily available.

Our investment portfolio consists of index fund stocks and bonds. Each month we automatically buy a set amount of stocks and bonds. Our mix consists of global stocks, emerging markets stocks, European stocks and European bonds all following the MSCI indexes. I decided to also show the percentage of our total investment value in percentages compared to our average yearly expenses.

The percentage of our mortgage we paid off  and the emergency fund plus investments we have by:

June 2013
Mortgage = 26.83% (more than 1% increase compared to last month, yay!!!)
Emergency fund = 61.36% (I guess we need to throw even more towards that mortgage, hey?!)
Investment portfolio = 15.67% (Let’s just say emerging markets aren’t doing well…)

May 2013
Mortgage = 25.74% (HAPPY DANCE!!!)
Emergency fund = 56.68% (progress…but actually we could throw more into the mortgage…)
Investment portfolio = 15.64% (our deposits this month haven’t been added yet)

April 2013
Mortgage = 24.51% (creepin’ towards that 25%….I am sure we’ll own 25% of our home by the end of this month.)
Emergency fund = 55.16% (ouch, we spent A LOT of money in April!)
Investment portfolio = 15.58% (YEAH!)

March 2013
Mortgage = 24.26% (extra mortgage payments made possible by the customers of my side business and my husband’s employer who gave him a bonus, you guys rock!)
Emergency fund = 63,43% (another short holiday, a festival weekend and other stuff. We are going to stop spending now!)
Investment portfolio = 12,93% (nothing exciting here)

February 2013
Mortgage = 23.17% (one extra mortgage payment worth about a quarter of our month’s expenses and regular payment)
Emergency fund = 67.36%
Investment portfolio = 12.59%

January 2013
Mortgage = 22.66% (we threw three extra mortgage payments worth almost a month’s worth of expenses in there)
Emergency fund = 66.07% (winter sport)
Investment portfolio = 11.36% (we’re up more than 2%, YAY for index investing!)

December 2012
Mortgage = 21.52% (Mid-January we’ll make another extra mortgage payment, our goal by the end of this year is 35%)
Emergency fund = 74.11% (That’s okay, our minimum is 41.66%, so there’s definitely money left for that extra mortgage payment)
Invesment portfolio = 9.03% (GO stocks and bonds!)

2012 yearly surplus
This year we didn’t spend 17% of our total income. So these earnings were used to save, make extra mortgage payments and buy index funds.

December 2012
Mortgage = 20.72% !!!!!!!!!!!!! We doubled this percentage in ONE MONTH!!!
Emergency fund = 95.10% (That’s where the extra mortgage came from, obviously. This amount is fine and should be even less. We are aiming for an emergency fund which is equal to 5 months expenses, so a 42% emergency fund is fine. Conclusion: we should pay off the mortgage even more!)
Investment portfolio = 7.97% (not much action there)

November 2012
Mortgage = 10.07% (our first small extra mortgage payment in order to check out how things work, yay!
Emergency fund: 146%
Investment portfolio: 7.96%

October 2012
Mortgage = 9.09%
Emergency fund: 145% (conclusion: we have way too much cash sitting around and we should make extra mortgage payments which we will!)
Investment portfolio: 7.33%

September 2012
Mortgage = 8.97%
Emergency fund: 145%
Investment portfolio: 5.68%

August 2012
Mortgage = 8.86%
(Can’t track back the rest of these numbers, sorry.)

Our mortgage:

1/7 of our mortgage is an interest-only part with an adjustable mortgage rate
6/7 of our mortgage is a savings mortgage with a fixed mortgage rate and interesting tax benefits

6 thoughts on “My Money Overview

  1. Pingback: New Month, New Numbers | EconoWiser

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  3. Bas

    Why don’t you transfer some of the emergency funds to index funds as well? With Meesman you can sell every week, so that’s pretty liquid.

    I respect the fact that you don’t provide numbers, but if you say that 100% of your emergency funds is 1 year of expenses, and given the fact that your emergency fund is now 248%, it should be more than EUR 50K. Investing that conservatively in index funds (less stock, more bonds) would generate at least 4% more than a savings account. That 2K per year..

    Reply
    1. econowiser Post author

      Bas, that’s a very clever assumption! Yeah, we have a shitload of money sitting there in those savings accounts. We have decided to throw chunks of it in index funds each month. We drastically increased our monthly amount with Meesman and every two months we’ll purchase Vanguard All-World ETFs. Sorry, can’t say how much…
      This way we hope to lower the emergency fund over the course of the next two years or so.
      However…our income to spending ratio is about 65%…so we don’t spend 35% of what we make, so our emergency fund keeps on growing. I’ve already told the husband that we might want to increase our (bi)monthly investments, because otherwise we’ll still be “stuck” with a huge emergency fund five years from now.
      For now, we’ll stick with our strategy and maybe increase (and invest in dollars).

      We’re also hoping for a crash so that we can buy a lot of stocks on sale! 😉

      Reply
  4. rationaldutch

    Hi, I wonder how did you calculate the number for 100% stash? Did you use the 4%-rule of MMM? Did you take into account the 1.2% “vermogensredementsheffing”?

    Reply
  5. Amber Tree

    Hi,

    This is an interseting way to publish your numbers without revealing the full detail… I plan to do something similar… I Might consider your system, it seems to work.

    Am I correct to stat that you are reducing the emergency fund in favor of the stash?

    I hope you can make the numbers work for you!

    Reply

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