It’s hard to believe that summer is already coming to an end, but August has come and gone. We had a lot of fun last month, including waterskiing, kayaking and camping with friends. Our overall spending was below target, but a few categories were higher than we would have liked. We completely rocked the socks off of one spending category though… Let’s take a look at how we did! Summary chart courtesy of Personal Capital’s Free Budget Tracking Tool.
August 2017 Spending Total: $4,263
|Gas/Tolls||$434||Ugh, this number makes my head hurt.|
|Automotive||$435||My 2008 vehicle needed *another* repair.|
|Restaurants||$4||:: happy dance ::|
|Clothing||$25||New socks and underwear. VERY exciting.|
|Entertainment||$18||Hulu, NY Times|
|Vacation||$549||Getting ready for our next big trip...|
August Spending Details:
Gas/Tolls: This category really hurt us this month. Mr. Saverdink already has a long commute with tolls (about $1/day), but August had a two week period where he was (voluntarily) commuting from a different location to work — a bit more on gas and a LOT more on tolls. Each day that he did that drive was $7/day in tolls alone… $90 of last month’s $434 gas/tolls bill went straight to E-Z Pass. Combined with a few long drives for weekend trips… it was an expensive month on the transportation front.
Automotive: This category has been a beast this year, but wait, there’s more! The $400+ August repair on my 2008 vehicle didn’t fully fix the issue and the car was back in the shop in September. :: sigh :: How do you know when it’s time to trade in your vehicle?? It’s a Subaru and only has 100k miles!
Restaurants: That’s right folks. We spend a grand total of $4 on eating out last month! I’m pretty sure that is an all time record low. Summer is the perfect time for BBQs with friends and family, so why not use it to our advantage financially? Our one “splurge” was a breakfast stop at McD’s when we needed to do an early morning departure and had a long drive. We had a coupon for buy-one-get-one-free breakfast sandwiches and made our own coffee/tea before leaving the house to make it more economical. More impressively, our grocery expenses stayed pretty flat despite hosting several group meals in August.
Hobbies: Two scuba tank refills ($14) and some boating accessories last month. We have a new water skiing rope with a handle that actually floats now! 🙂
Vacation/Travel: August expenses were a few hotel reservations, car rental reservation and a waterproof travel map for our upcoming trip to Iceland. Spoiler alert: Iceland is expensive. We secured really cheap airfare ($313 round-trip per person) and booked this trip on a whim, so it will be interesting to see what the grand total ends up being.