Savings Rate May 2016

We have a winner! Due to the payment of the Mr. CF’s “holiday allowance” (aka vakantiegeld), we had a very high income this month and with slightly lower than normal expenses we ended up with a Savings Rate of almost 65%! This feels really good.

Below you can find an overview of our expenses in percentage. As noted prior, transport is low for us as both Mr. and Mrs. CF have their commutes paid for (one company car and one public transportation card), and this month we had no expenses at all actually (next month will be much higher due to the need to get gas and an oil change). The “Kid” category was normal this month with both expenses and the refunds/benefits form the government. The other category is also pretty low as we did not do many cash purchases and were even able to sell some stuff we no longer need on Marktplaats (the Dutch version of “craigslist”, “kijiji” or equivalents in your country).

Similar to last month, all leisure events for this month were (virtually) “free”. There were a couple of minor costs associated with parking and ice-cream, but nothing major. We did a lot of animal/farm related outings this month, think Miss CF kind of knows her way around cows, pigs, sheep and horses for now.

How did you do this month??


    1. Thanks, this one was more luck then effort. Anywhere close to 50% is still very respectable, it is actually our target for the year (mind you that we have not been on holidays yet, so that could hit the savings rate later this year).

    1. A wedding sounds like a very good reason to not have a good month financially. We hope you guys did have a blast though on your wedding!

    1. Hey Mr. Tako, our Cheesy Index is also growing quicker than we anticipated as a results of the savings rate being consistently over the 50% mark. The year is processing well so far. Curious to see how the home purchase will affect the numbers.

  1. Well done! Keep up the good rates, also in months without Vakantiegeld!

    We saved 69% but comparison is not really fair because we also have months with negative rates, due to the volatile nature of my income (as a freelancer.).

    1. Wow, 69%, that is amazing! But as I freelancer we can imagine that your savings rates are all over the map, still an impressive number.

  2. Rocking the savings rate!

    And ice cream is always an good expense!

    I also got “vakantiegeld” this month. I went straight to the travel fund. I consider this an expense, albeit a delayed one.

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