With no more expenses for the side gig and my end of year work bonus being paid, December should be a great month for savings. Let’s have a look.
Income: 3 729,15 euro
Expenses: 1 505,90 euro
Savings : 2 223,25 euro or 59,62%
Woohoo for the income!
Most of it, 3 679,15 euro was work income. My regular mothly wages + the end of month bonus. The remaining 150 euro was from christmas gifts from the parents and my mother-in-law.
I may, or may not have come in under budget this month depending on how you look at one particular expense this month. Mor e on that at the end of this post.
As I do every month I transferred 1 100 euro to our joint account to pay the mortgage, utilities and our joint grocery shopping.
Extra food was 100 euro. Being home helps me not buying extra food to eat during lunch. Especially because I now do my fitness during lunch break which just dossn’t leave me with any time to speed of to the nearest shop and buy some chips. I spend 60 euro on these extra snacks and then another 40 euro on pizza for me and a co-worker as the co-worker is leaving the compagny and pizza together was a bit our thing … Since he is leaving I paid for his pizza too.
Gas for the Vespa was 0 euro this month as I only drove it one time to work (and one trip to the shop to get some extra chips …). Which reminds me I need to take it for a spin in January and pump up the tires.
Mobile phone subscription for a bizare reason was only 2,5 euro. I have no idea why it was not it’s regular 12 euro and I am too lazy to find out.
Miscelanious expenses are a shampoo for 17 euro and a game on steam for 12 euro.
And then we come to the gift’s section where accounting my expenses has a tricky part.
The non tricky part is the 10 euro I chipped in for the goodbye gift for the co-worker keaving. And 130 euro I spend for end of year gifts for the family.
The tricky – acconting wise – part is the 100 euro I spend on buying Bitcoins. This because for a certain gift I needed bitcoins to pay for it. So I spend 100 euro buying bitcoins on Coinbase. But Coinbase also gives you a sign up bonus and allows you to ear some alt coins by watching some instructional videos (alt coins I off course exchanged into bitcoin the moment I received them). And then there was the incredibale value rise of Bitcoins in the second half of December… Long story short is that I bought the gift (which was 45 euro) but my balance on Coinbase is now close to 200 euro …
So did I just buy a 45 euro gift? Because, then I stayed below my 1 500 euro budget this year… or did I invest a 100 euro, bought the gift with part of my profits and still have another 100 euro in profit I should book? Since it’s a low amount. And since I am still not a fan of this whole crypto craze and will probaby use up the remaining balance in the future for other gifts, I just decided to book the 100 euro as an expense in the ‘random fun’ category.