Financial Freedom Sloth

achieving financial freedom one lazy step at a time

Monthly expense report: April

I both spend very little and a lot in April. I’ll explain below …

Income: 2 188 euro

Expenses: 1 970 euro

Savings: 218 euro

Income wise a very normal month. No holidays, no gifts. So just the normal job income. Job still going good: the work itself is ok and the co-workers and general atmosphere really good. I always knew I would do a lot better in a start up environment (technically we are in the scale-up phase) than the big giant corporation. Point in fact: I was allready asked to transition into another position (perhaps I should have asked for a raise when accepting it?).

Expenses are a lot higher. What happened? The Vespa happened. Well maintenance on the Vespa happened. After driving it for 5000 km it was due for a big maintenance. In needed a new drive belt and rear tire. Also decided to have a small windscreen installed on it (I actually used this as an argument to knock off 250 euro of my purchasing price when buying the Vespa). The bill came to 600 euro. About half of it labor. Which leaves me wondering? Do I learn to do my own maintenance on the Vespa or not? It would require some up front cost in equipment but should be profitable in the long run. And I do really love riding the Vespa. It could even become a way to make some money after retirment because at 60 euro an hour mechanics do not come cheap …

Except an Easter gift for the godchild, gasoline for the Vespa and protein powder (I am on a diet, it deserves its own post. Here is a hint: it’s going great) I actually didn’t buy anything. Hence the ‘I spend very little’ in April. Without the Vespa maintenance this would have been my cheapest month since December 2016! And May is going pretty well also. But I did have the maintenance so it was my most expensive month since keeping a detailed track of my budget (hence the ‘spending a lot’ part). And I still managed to save some money! That’s the advantage of having a decent savings rate. Even when a sizable expense comes up, the only impact is on your savings rate!

In the joint account nothing unusual. No visiting Brussels or going clubbing. We did do quit a bit of home entertainment having friends over for three consecutive weeks (even 1 BBQ for 11 people). So that did costs us a little in the way of food and drinks but the budget didn’t really suffer because of it. Home entertainment definitely is a lot cheaper than going out.

I did put my find of this site to good use and we have now switched energy provider. We should start seeing the impact of this in the coming months. I even made a note in my calendar to do a new check-up next year! Look at me being all organized and shit!

2 Comments

  1. Renegotiation/change of a bill are the well paid effort: work for 30min and finally gain every month 🙂 . We change the electricity provider every year, hunting the offers, my husband asked me if I want it for free :)))

  2. Good post! Jealous about your house. Must be great. I like your blog, attitude and to the point. Keep it up!

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