{"id":720,"date":"2018-01-06T00:01:44","date_gmt":"2018-01-06T00:01:44","guid":{"rendered":"http:\/\/www.abyteofcommonsense.com\/?p=720"},"modified":"2018-01-11T21:13:07","modified_gmt":"2018-01-11T21:13:07","slug":"uber-frugal-month-2018-day-6","status":"publish","type":"post","link":"http:\/\/www.abyteofcommonsense.com\/?p=720","title":{"rendered":"Uber Frugal Month 2018 \u2013 Day 6"},"content":{"rendered":"

This is my second attempt at an Uber-Frugal Month:\u00a0Day 1<\/a>,\u00a0Day 2<\/a>,\u00a0Day 3<\/a>,\u00a0Day 4,<\/a>\u00a0Day 5<\/a><\/p>\n

Day 6:<\/strong><\/p>\n

I can do this!<\/span>\u00a0Today you should track your spending and work out your net income (after taxes etc).<\/p>\n

I can tell you that I have now got two years of total income and almost three years of expenses. Our savings rate is around 50% over the year. I can even tell you my net worth – not including the unit we live in (I want to get it valued first) and the cars (probably around $15k), furniture (nothing? It was mainly free, but it is classic style), LEGO (actually worth quite a lot) etc.<\/p>\n\n\n\n\n\n\n
<\/td>\nIncome<\/td>\n\u00a0Gas<\/td>\n\u00a0Electricity<\/td>\nWater<\/td>\n\u00a0Investment Assets<\/td>\n\u00a0Home Loan<\/td>\n<\/tr>\n
\u00a02015<\/td>\n<\/td>\n\u00a0$469.20<\/td>\n<\/td>\n<\/td>\n<\/td>\n\u00a0-$111,499<\/td>\n<\/tr>\n
\u00a02016<\/td>\n\u00a0$92,580.07<\/td>\n\u00a0$510.94<\/td>\n\u00a05kW\/day<\/td>\n\u00a0$894.69<\/td>\n\u00a0~$30,000<\/td>\n\u00a0-$55,000<\/td>\n<\/tr>\n
\u00a02017<\/td>\n\u00a0$86,560.84<\/td>\n\u00a0$549.49<\/td>\n\u00a08kW\/ day$745.20<\/td>\n\u00a0$909.61<\/td>\n\u00a0$73,012.66<\/td>\n\u00a0-$37,739<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

You can see that our income took a hit from Eli having two ‘lean’ months of income while she did temp work, and then taking a pay cut for her current job (~$5000\/year). Additionally, my income dropped due to the end of my scholarship. The reason we were still able to keep it up was because we started taking boarders and my car started making slightly more income.<\/p>\n

You can also see that 2017 was the year I started dumping money into investments rather than our home loan. I aimed to make investments in dividend yielding companies (also Vanguard International and RateSetter) that returned about twice what our mortgage rate was (~4%). I do not count this under ‘income’, because the idea is that the number of shares I own just gets bigger). As things stand, we could have paid off the mortgage with that money at the end of 2017, but our investment yields are better. This year I’m going to throw the excess money at the mortgage and finish it off! Unless something happens…<\/p>\n","protected":false},"excerpt":{"rendered":"

This is my second attempt at an Uber-Frugal Month:\u00a0Day 1,\u00a0Day 2,\u00a0Day 3,\u00a0Day 4,\u00a0Day 5 Day 6: I can do this!\u00a0Today you should track your spending…<\/p>\n

Continue readingUber Frugal Month 2018 \u2013 Day 6<\/span><\/a><\/div>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false},"categories":[9,67],"tags":[],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p6nzXS-bC","jetpack-related-posts":[{"id":631,"url":"http:\/\/www.abyteofcommonsense.com\/?p=631","url_meta":{"origin":720,"position":0},"title":"Uber Frugal Month 2017: Days 6-8","date":"January 9, 2017","format":false,"excerpt":"As part of a semi-serious New Year's Resolution (and both of us looking for new jobs), we thought we'd attempt the\u00a0Uber Frugal Month by Mrs. Frugalwoods. It's more me wanting to do this, I manage all of the finances, but\u00a0Eli is also on board. Day 6: I can do this!\u2026","rel":"","context":"In "Finance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":695,"url":"http:\/\/www.abyteofcommonsense.com\/?p=695","url_meta":{"origin":720,"position":1},"title":"Uber Frugal Month 2018 - Day 2","date":"January 2, 2018","format":false,"excerpt":"This is my second attempt at an Uber Frugal Month. See Day 1 here. Liz's suggestion for today is: \"be bold and write down where you want to be in 10 years, in 20 years, in 40 years\u2026 you get the picture. And then, put that piece of paper in\u2026","rel":"","context":"In "Finance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":625,"url":"http:\/\/www.abyteofcommonsense.com\/?p=625","url_meta":{"origin":720,"position":2},"title":"Uber Frugal Month 2017: Day 2","date":"January 2, 2017","format":false,"excerpt":"As part of a semi-serious New Year's Resolution (and both of us looking for new jobs), we thought we'd attempt the\u00a0Uber Frugal Month by Mrs. Frugalwoods. It's more me wanting to do this, I manage all of the finances, but\u00a0Eli is also on board. Liz's suggestion for today is: \"be\u2026","rel":"","context":"In "Finance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":693,"url":"http:\/\/www.abyteofcommonsense.com\/?p=693","url_meta":{"origin":720,"position":3},"title":"Uber Frugal Month 2018 - Day 1","date":"January 1, 2018","format":false,"excerpt":"I missed the sign up for the uber-frugal challenge month, but I still have the notes from when I participated a while ago... So I'd like to try it again, and this time, stop making excuses for what I already do, and look for ways to make the system better.\u2026","rel":"","context":"In "Finance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":705,"url":"http:\/\/www.abyteofcommonsense.com\/?p=705","url_meta":{"origin":720,"position":4},"title":"Uber Frugal Month 2018 - Day 4","date":"January 4, 2018","format":false,"excerpt":"This is my second attempt at an Uber-Frugal Month: Day 1, Day 2, Day 3. \u00a0 Day 4: Spend less than you earn! Don't pay for cable TV! I don't have cable TV. We're currently getting our Netflix hit through signing up for the free month with different email addresses...\u2026","rel":"","context":"In "Finance"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":730,"url":"http:\/\/www.abyteofcommonsense.com\/?p=730","url_meta":{"origin":720,"position":5},"title":"Uber Frugal Month 2018 - Day 10","date":"January 10, 2018","format":false,"excerpt":"This is my second attempt at an Uber-Frugal Month:\u00a0Day 1,\u00a0Day 2,\u00a0Day 3,\u00a0Day 4,\u00a0Day 5, Day 6, Day 7, Day 8, Day 9 Day 10: Food is a necessity, but expensive food is not! I shop at the discount store, Aldi with a $150-$200 shop once a month. The expensive food\u2026","rel":"","context":"In "Food"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=\/wp\/v2\/posts\/720"}],"collection":[{"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=720"}],"version-history":[{"count":1,"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=\/wp\/v2\/posts\/720\/revisions"}],"predecessor-version":[{"id":721,"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=\/wp\/v2\/posts\/720\/revisions\/721"}],"wp:attachment":[{"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=720"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.abyteofcommonsense.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}