Well, folks… I have to say that the SSC’s are off to a fine start for 2016 and I am kind of proud of us. So far, we’ve spent about $6800 this month. While it’s a little more than the last two months, it isn’t by much. We had an extra $113 for our greyhound’s yearly vet visit, plus about $450 in home improvement spending, which was doing springtime work on the garden and yard. Also – healthcare costs were higher, as I had to pay a bill from January, since I hadn’t met my deductible yet.
You can see from the chart that compared to our monthly average from last year, we are doing just fine.
Looking at how our current spending falls into our FIRE estimated budget- details on how we estimate that here – we are looking at a yearly spending of ~$43,000, assuming no mortgage. That is WAY below the $55k/year we are planning for, of course, we haven’t had any travel or big bills like car insurance due yet this year… so that FIRE estimate of $43k is probably not entirely realistic.
Other good news this month – I got my bonus! It wasn’t as large as previous years since the oil and gas industry is struggling, but I won’t turn down the extra $10k. Especially since Mr. SSC’s company didn’t give out any cash bonuses this year.*
Looking forward to next month, we have a weekend trip planned for Mr. SSC to try his hand at his first half-marathon, so there will be some minimal travel expenses for gas and dog sitters. I just finished our taxes last weekend, and if we are lucky the IRS will be cutting us a check for $2100 next month. The car insurance is coming due – so that is about $800 we will have to say good-bye to which will show up next month.
Other good news – my brother got engaged this month to a super smart girl who I think will put his finances in order and run a tight ship. I am glad that he is giving up the position of being CFO of his life. Although, I do feel guilty about being slightly annoyed that we are going to have to shell out a decent amount of dough next year for a flower girl dress, a suit for our oldest, and possibly a bridesmaid’s dress, on top of some hefty travel expenses. But, we are a close-knit family and family is more important than money. So, while I don’t really mind spending the money – it still hurts a little bit.
As many of you know, the stock market behaved in a more pleasing trend last month than it had been the first part of the year, so it is nice seeing our net worth moving upwards instead of downwards. Hopefully that sort of positive trend continues. Heck, at this point, I would be happy with a flat trend 🙂
So, how did March go for y’all? You feeling some springtime optimism too?
Mr. SSC interjection – Has the snow melted out MT way, or wherever the ONL’s live? Mr. SSC’s tomato plants already have tomato’s on them and our citrus trees are loaded up with little fruit buds after blooming last month. These are exactly the sort of things that have Mr. SSC thinking from moving from the Gulf Coast to
“Southern Canada” out West that could be quite a shock – hence renting instead of buying for the first few years. Thoughts anyone?
* – Mr. SSC side note – Booo… We did get a stock dealio that will pay out over 3 years, however, that means I won’t see the last year of it, so Double Boo… However, I still get a paycheck every 2 weeks, so yeah for my company not doing mass layoffs yet…