April 2018 Income, Expenses and Savings

(1 Minute Read. Enjoy!)

At the end of every month, I grab a cup of piping hot coffee, and sit down in front of my laptop to finalise my monthly income and savings. Without further ado, here are the numbers.

 

Thoughts On My April 2018 Income:

Income-wise, it’s been a decent month.

I have to say it’s been pretty tiring though. Between the 45 hours a week that I work at my corporate job, the 6 hours a week I spend tutoring, the 10 hours a week I waste commuting around, it doesn’t leave me with very much time to work on blogging.

Nevertheless, I’ll always try to make the best out of what I have. Here’s to baby steps every single day.

 

Thoughts On My April 2018 Savings:

A savings rate of 70% is pretty good, but I usually try to save more.

This month though, I had outings to attend ($105), a website theme to pay for ($80), and gifts to buy for others ($60).

I’m hoping the spending in these categories will decrease next month.

 

The Progress I’ve Made:

I’ve been having a difficult time trying to stay in my current job, and I’ve been harbouring more and more thoughts of quitting despite not even having that much money.

To motivate myself, I decided to do up a little savings progress chart every month. I must say I do feel a little better. It’s therapeutic, even if it’s only for a little while.

 

And That’s it for this Month’s Income and Savings Report!

I try to maximise the use of visuals (charts) and minimise my random musings, to keep these reports as simple as possible.

Hopefully, you enjoyed this or took something away from this.

The plan is to do up regular monthly income and savings reports. These monthly reports will detail my income, savings, and expenditure every month, down to the nearest $5 or $10. If you’re interested, you can check them out at this link to see how much I’ve saved and the progress I’ve been making.

Thanks for reading!

Love,
Liz

 

2 Comments
    1. Thanks for the question! I get by on cheap rent because I live with my parents. Over the last few years, although I’ve had an extremely volatile relationship with them, I know they still care for me. So, even though they once forced me out of their house, when they had a change of heart and gave me the option to live with them again, I took it. I give them a token sum of $500 every month. Living with your parents isn’t the coolest thing in the world, but personally I don’t mind doing it as long as it allows me to save up more, and quit my corporate job as soon as possible! 🙂

      Although I must say that $500 a month isn’t that uncommon. After my parents forced me out of their house before, I went looking to rent a room. I eventually found a cozy bedroom (a single bedroom in a 3-bedroom apartment) for $800, utilities included. Split that with a significant other, and your rent’s only $400 a month. It’s not that impossible 🙂

      As for the rest of my expenses, I must admit I struggle a fair amount and I track every single cent. But only because I find it pretty enjoyable. Thank you for your kind words though! 🙂

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