So...what is my family doing today? Well...let's see...Luna is sleeping, Lily is sleeping, and Kazi is sleeping!! Hopefully things will get a little livelier a little later! For now I'll enjoy the peace of sleeping cats and daughter. I have my new to me $3 radio set to CBC so that is keeping me company.
We're already halfway through February!! How is the money/budget stacking up so far?
- after a week of NO Spend days (the one advantage of having 2 feet of snow drop over the past few days!!) my misc budget stands unchanged at $177. It should be about $290 but I used a chunk to pay for flight/medical insurance for my trip to Ireland. I did it as a challenge to myself to spend as little as possible this month - gee, thanks Mother Nature - it's hard to spend when you can't get out your front door! I have a few upcoming plans for spending in the next week or two (going out for dinner next Saturday, plus $10/weekly for yoga and $2/weekly for volleyball) so I'm keeping my fingers crossed that $177 will be enough to get me to March! That's a bit of a stretch but I'm going to try! (I'll have to stay out of Michael's!! and stop buying yarn!!)
- I did buy some Valentine's goodies for Kazi but used cash - I think I still have about $30 in my wallet. (I'll try to save that for dining out)
- My mini-money fund (a container I throw my loonies and toonies in) stands at $130. Once I reach $150 I'm going to go exchange for some euros.
- I saved a bit on my utilities this month; set aside $75 for Union Gas and it was only $53, set aside $75 for London Hydro and it was $69. That helped pay for Turbo Tax and my wee Goodwill spree.
- My misc $$ has been spent on: new album by Lucinda Williams on iTunes, $25 spent at Michaels on yarn & a Christmas gift, $11 at Walmart (batteries & light bulbs), $5 to go see "Brooklyn", $21 at Goodwill, and flight/medical insurance.
- Gas budget stands at $120 remaining out of a budget of $160, and the food budget stands at $156 remaining out a budget of $280. I have about a half a tank of gas and will go grocery shopping tomorrow. I will probably end up with a bit left in both of those budget lines and if so that will go to savings.
- I used money saved since Christmas to pay for my flight($709) and one of our BandB's($342 for 3 nights in Galway) so have no debt so far for my trip.
- Thankfully this is the time of year when interest earned on RRSPs starts to appear so that will help out with upcoming trip expenses. AND it's the 15th so I can Netfile my tax return today - the $200 refund will go toward purchasing more euros.
- I have purchased February's Christmas present - a crystal making kit from Michaels for my great-nephew but I have NOT made my charitable donation of $25 yet. I really am squeezing my misc budget this month!! I can do it, I know I can!
- Oh, I just remembered I'm going to see my favourite band next Sunday - Blue Rodeo - but I paid for the ticket in November so there will be no expense for that, except maybe parking.
- My other bills remain pretty much the same: Bell Mobility is $79 monthly, internet is $84 monthly, my insurance has renewed and is the same amount - $270 monthly and Kazi pays $175 of that for her car, hot water tank rental is $34, property taxes went up $6 monthly but the city budget isn't finalized yet so that may change, my condo fees went up by $7 and Netflix remains the same at $8 monthly. The two small increases were covered by my pension raise of $30.
- I increased my monthly savings automatic transfer from $350 to $400. That will increase again once I start receiving CPP (Canada Pension Plan) hopefully to $900 a month. That'll pay for a few trips!!
- RSPPs: I have two coming due this month and they are going into my RSP Savings Account. From there I can withdraw $5000 to go into my TFSA (Tax Free Savings Account). Of course the gov't takes 10% right off the top so I'll only receive $4500. The RRSP interest I receive more than makes up for that otherwise it wouldn't be much of a tax shelter would it? Way back when I was contributing to my RRSPs the adage was "pay now or pay later" so I always contributed the maximum. Now I'm in the "pay later" phase though I am very thankful for all those wonderful refunds (of my own money!!) I received over the years.
Well, wasn't that an exciting post! I wish you sunshine wherever you are and hope your Monday is a happy one.