December 2018 Income, Expenses and Savings

(3 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, expenses, and savings. Without further ado, here are the numbers.


Thoughts on My Income:

After a whole year of receiving $2,800 of monthly pay from my full-time employment, except for March where I received another small bonus, it felt so amazing to see the deposit of $5,600 into my bank account.

Sometimes, it’s tough to work for an income that isn’t high at all. Sometimes (alright, quite often in fact), I feel like quitting. But I’ve stuck it out for this year and the bonus feels pretty damn good.


Thoughts on My Expenses and Savings:

I was away in Japan for about half a month. The $780 that I spent on travel was for food, drinks, transport, souvenirs and a few necessities. (And shopping of course, how could I forget shopping?) Plane tickets and accommodation were purchased much earlier in the year and thus not covered in this month’s expenses report.

I know, $780 seems like a lot of money for someone who doesn’t get paid a great deal of money. If I had chosen to be much more frugal, I could have spent only about $350 instead. Perhaps I could even get that number down to $250.

But I decided to let go of the reins for a little bit. After 11 whole months of carefully watching my money, planning my monthly budget, I figured it was time to have a little bit of fun. And I did. I was happier than I had been the entire year.

No regrets there.


Reaching My Savings Goal for 2018:

My goal for 2018 was to save at least $33,000. And I’m proud to announce that it’s been met!

Next year I want to save even more money, so stay tuned for that. 🙂


And That’s it for this Month’s Income, Expenses 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!


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  1. Hey dude, proud of you. Most people blow their bonuses on crap they don’t need. But the smart ones just add it all to their savings. Great job!

    Happy new year and good luck with the 2019 saving goals!

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