Our Family’s Expenses: January 2018

Hello 2018. There wasn’t anything unexpected other than a few education related expenses spilling over to this month. Let’s take a look at the details.


We continued to use EXCEL to track our expenses. No surprises there.


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 January?


This month’s big items were, as usual, our mortgage and utilities.


Here’s how last month’s expenses broke down:


Mortgage & Monthly Bills: Mortgage, mortgage, mortgage……

Monthly Sub Total Expense Entry Amount
2,417.44 Mortgage Payment – includes taxes & interest 1862.60
Utilities – Heating/Cooling/Water/Trash/Recycle etc… 250.23
Cell Phone Service 213.67
Internet & Netflix 90.94


Transportation & Auto Related [4 Vehicles]: Only parking, gas and almost $200 for repairs.

Monthly Sub Total Expense Entry Amount
378.39 Semi-yearly Car Insurance Premium 183.86
Parking 60.00
Gasoline 134.53


Health Care & Life Insurance: No surprises here.

Monthly Sub Total Expense Entry Amount
456.85 Life Insurance 74.86
Health Insurance [Family] 344.50
Medicine 37.49


Personal Items: Just a few necessary items for personal use.

Monthly Sub Total Expense Entry Amount
85.39 Personal Items 85.39


Groceries & Household Items: Not a bad number.

Monthly Sub Total Expense Entry Amount
717.12 Groceries & Household Items 717.12


Dining Out & Entertainment: This section includes dinners, lunches, coffee shops (we love our coffee in this household), movies, games etc…

Monthly Sub Total Expense Entry Amount
356.90 Dining Out & Entertainment 356.90


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

Monthly Sub Total Expense Entry Amount
512.02 ACT, Books and School Activity Fees 512.02


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

Monthly Sub Total Expense Entry Amount
12.83 Miscellaneous items & services 12.83


So this month’s total came down to $4936.94.


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!

Leave a Reply