Our Family’s Expenses: February 2017

2017 is moving along swiftly. It’s really hard to believe we are already done with two months this year. This month’s expenses were on the high side. But it wasn’t anything we couldn’t manage. Take a look.


We continued to use EXCEL to track our expenses and, so far, it seems like it is doing a good enough job for us. So we didn’t see any reason to change it. I am still not entirely convinced that we need anything other than what we currently have. If we see there is a need in the future we can always adjust. I know there are many of you out there who like to have a detailed budget for everything. I don’t think that it is for us. Our ultimate goal is to make sure we don’t waste our money on things we don’t need or things that don’t add value to our lives. Simple, right?


So where did the money go in February?

Here’s how it all broke down:


Mortgage & Monthly Bills: Last several months,  I kept saying our Home Improvement related expenses would increase since we were planning on updating the house to get it ready to list. We really needed to move our butts and get it ready. I am happy to say that we managed to get some of the work done. In addition, we decided to renew our yearly lawn care service. After checking the numbers on what we need to buy and time needed to take care of the yard we went for lawn care service. It may also be considered a selling point. May be.

Monthly Sub Total Expense Entry Amount
2,928.44 Mortgage Payment – includes taxes & interest 1883.98
Utilities – Heating/Cooling/Water etc.. 325.36
Yearly Lawn Care 417.05
Cell Phone Service 212.11
Internet & Netflix 89.94


Work/Job Related Items: This section includes union dues, parking and pension payments. They all will go away when we retire from work. Pension payments are a few dollars less than previous months. Because I am trying not to work overtime and enjoy my evenings.

Monthly Sub Total Expense Entry Amount
454.38 Work related expenses 454.38


Vehicles [2]: Just like the previous month, gasoline was the only expense this month. This month’s big change was the addition of our 16-year-old to our insurance. We just learned that our insurance would only increase $143 for the rest of the 6-month period which ends in the middle of June. I did’t think that it was bad.

Monthly Sub Total Expense Entry Amount
89.88 Gasoline 89.88


Health Care & Life Insurance: Please some one tell me to drop my life insurance. Even if I drop this one I will still have a 100k+ one through my work. It seems like a waste of money. Am I being lazy or scared to drop the life insurance?

Monthly Sub Total Expense Entry Amount
428.48 Life Insurance 74.86
Health Insurance [Family] 344.50
Pharmacy 9.12


Personal Items: Shoes, Clothing etc… Mrs. DailyGrindFree needed some running shoes and running equipment.

Monthly Sub Total Expense Entry Amount
80.50 Personal Items 80.50


Groceries & Household Items: I would like to keep this number close to $600 every single month and this month was a success.

Monthly Sub Total Expense Entry Amount
527.79 Groceries & Household Items 527.79


Dining Out & Entertainment: This section includes dinners, lunches, coffee shops (we love our coffee in this household), movies, games etc… This month’s number is higher than usual due to a few birthdays.

Monthly Sub Total Expense Entry Amount
344.90 Dining Out & Entertainment 344.90


School/Education: This section includes items like lunch money, school supplies, fees for classes, tuition etc..

Monthly Sub Total Expense Entry Amount
252.50 Lunch money, school fees, etc… 252.50


Miscellaneous: Anything and everything doesn’t belong to other groups. Most of the spending was on gifts. Little guy had a big birthday.

Monthly Sub Total Expense Entry Amount
553.78 Miscellaneous items & services 553.78


So this month’s total comes down to $5660.65. A little bit high. But it was a big month for us.

So do you budget or keep track of your spending? If you do how did you do last month?

Any suggestions and comments are welcome!


8 thoughts on “Our Family’s Expenses: February 2017

  1. I would probably hold on to the life insurance policy while I had a mortgage.

    We’ve had a few abnormal expenses over the past few months, so our expenditures look a bit crazy at the moment. Things should settle down to ‘normal’ in the next month or so and that should allow us to ensure that we are on our expected track.

    And we have two teenage sons, so your car insurance increase isn’t too bad!

    1. Here is the thing with that life insurance. Even if I drop it I still have $100K+ through my work without paying any premiums. My mortgage is less than $55K. That is why, I was thinking it would be OK to drop it.

      I was surprised about the car insurance increase too. But I am not going to complain. 🙂

      I can’t wait to see the final numbers for our net worth since February is behind us now. Something for me to do tomorrow morning.

  2. The lawn care service seems to be something that you can do without if you wanted to cut costs. I’ve been lax on tracking my expenses the last few months, but they were in the same ballpark as yours – 4-5k a month.

    1. I know. But since I am trying to get the house ready to sell it needs to look good. It was for 7 applications and after checking the prices on quality products for lawn care I realized that I would have to spend more than half of what they were asking on buying fertilizers and such. In addition, when I list the house I can say that it comes with lawn care. 🙂 So I still cut the grass myself.

      I don’t go crazy on budgeting. I just want to make sure that I know where the money goes and what I will need when we decide to call it quits on 9 to 5. I mean when I call it quits. Mrs. is already living the Vida Loca. 🙂

      1. I agree, if you’re going to sell shortly you will probably get back what you put in for landscaping, ten times over.

        I don’t believe in having a budget, it’s too restrictive, but it’s good to track your expenses to know where it all goes.

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