Our Family’s Expenses: March 2017

Another month is gone. We are quarter of the way thorough this year. Let’s see where our money went this month.


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. That is it.


So where did the money go in March?

Here’s how it all broke down:


Mortgage & Monthly Bills: The 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. It hasn’t happened so far. We went back and forth about staying for another year or selling the house this year. Currently, we are leaning towards staying put another year. Man, things change constantly around here.

Monthly Sub Total Expense Entry Amount
2,478.99 Mortgage Payment – includes taxes & interest 1883.98
Utilities – Heating/Cooling/Water etc.. 274.79
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.

Monthly Sub Total Expense Entry Amount
454.38 Work related expenses 454.38


Vehicles [2]: Well, our second teenage driver was added to our insurance this month. To our surprise, the amount wasn’t as high as we thought it would be. In addition to that we paid registration fee for one of our vehicles this month. Why do we have the total for gas so high this month? Both teenagers were home and had free time to drive around – Spring Break.

Monthly Sub Total Expense Entry Amount
451.74 Gasoline 204.59
Registration & Insurance 247.15


Health Care & Life Insurance: Even if I drop my life insurance I will still have a 100k+ one through my work. It seems like a waste of money to have additional insurance. Having said that I still have my life insurance. 🙂 It may be gone this month.

Monthly Sub Total Expense Entry Amount
419.36 Life Insurance 74.86
Health Insurance [Family] 344.50


Personal Items: Clothing etc… Just a few necessary items.

Monthly Sub Total Expense Entry Amount
69.86 Personal Items 69.86


Groceries & Household Items: I would like to keep this number close to $600 every single month. But again, this month was Spring Break time. We had two college kids and bunch of high school kids in the house most of the days.

Monthly Sub Total Expense Entry Amount
831.35 Groceries & Household Items 831.35


Dining Out & Entertainment: This section includes dinners, lunches, coffee shops (we love our coffee in this household), movies, games etc… More than half of the amount was a present for the big guy and the rest may be attributed to Spring Break festivities. 🙂

Monthly Sub Total Expense Entry Amount
689.06 Dining Out & Entertainment 689.06


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

Monthly Sub Total Expense Entry Amount
125.00 College room & board deposit for next year 125.00


House & Home Improvement: We needed just a few items for the house this month.

Monthly Sub Total Expense Entry Amount
38.39 Miscellaneous items & services 38.39


Miscellaneous: Anything and everything doesn’t belong to other groups like fees for taxes, annual membership fees etc…

Monthly Sub Total Expense Entry Amount
238.55 Miscellaneous items & services 238.55


So this month’s total came down to $5778.51. I know, I know we should be more careful and save more but some months require more spending.


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!

2 thoughts on “Our Family’s Expenses: March 2017

  1. You’re expenses are shockingly close to mine except for my daycare expenses (that’s a big one). Your cell phone expense seems high, we have 2 phones with 2gb data for $75/month.

    1. My phone bill includes phone payments also. Phone bill itself is less than $160 (4 phone lines and 10Gb data). Both kids are teenagers. They have different kind of expenses like private college tuition. 🙂

Leave a Reply