As many of you know, I’ve been on vacation this past week. I know you missed me. And yes, the feeling was mutual. *wink wink
Greg and I got back home Tuesday night after two subsequent plane rides that spanned a total of ten hours. I was dreading those long rides but it wasn’t that bad at all. We watched a few movies on the plane, including “Sex Tape,” which was downright hilarious. I highly suggest it. We also enjoyed the airline-provided meals and snacks which were free and delicious. Score!
But it’s all over now and time to get back to reality. With that being said, I just realized that I haven’t shared my November budget yet. Here are all the juicy details you’ve been waiting for:
November Budget Breakdown
- Mortgage: $1,500
- Groceries: $600
- Daycare: $380
- College L: $25
- College V: $25
- Gas/Misc: $200
- Cell Phones: $70
- Health Ins. $394
- Liberty Healthshare Enroll: $150
- Electric: $100
- Water: $50
- Sewer: $35
- Gas: $25
- Internet: $51
- Life Insurance (G): $86.25
- SEP IRA: $2,000
- Roth IRA: $1,000
- Europe: $250
November Budget Details
As you can see, our budget is not all that interesting this month. Still, a few things require a further explanation:
- Healthcare sharing ministry enrollment- Since we have been priced out of health insurance in our state at this point, we are enrolling in a healthcare sharing ministry starting January 1st. The $150 in this month’s budget is for our enrollment fee with Liberty Healthshare. After we pay it, our new monthly bill will be $449 for my family of four. Feel free to send me hate mail about my decision. Everybody else does!
- We went to Europe- Since the vast majority of our Europe trip was covered with credit card rewards, I only needed to budget a small amount of money to pay for the overage. You can read about how I budgeted for our Europe trip in this post.
- Retirement savings are up- I boosted my retirement savings slightly this month since my earnings are on the upswing. Ever since I began a career as a full-time writer, I’ve always dreamed of the day when I would earn enough to save ridiculous sums of cash for my early retirement dreams. I can’t wait to be FREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEeee……..
Our End of Year Goals
Since it’s the end of the year, we’re also stashing away little sums of money here and there. For starters, we’re contributing the full $6,550 we can contribute to our health savings account before the year comes to an end. And second, we’re contributing $2,500 to each of our children’s college savings accounts in order to fully maximize our state’s tax credit for 529 contributions. We’ve already contributed money throughout the year so the full amount we contribute this month will likely be somewhere around $4,000.
Other than that, we plan to do some end-of-year charitable giving as well. I haven’t decided on anything specific yet, but we typically sponsor a family or two and give cash to charities we feel strongly about. I typically do not share those figures on my website, however. Some people would think we were incredibly charitable. But for others, it would never be enough.
So, that’s my November budget in a nutshell. My goal now is to get through the end of this month with work and take some time off for the holidays in December.
And so much for having a better work-life balance this month. I’m already screwed and it’s only the 13th. Sigh.
Must. Clone. Myself.
What does your November budget look like? Anything exciting?