And we are back to “just above normal” with out October 2017 Savings Rate. After the unreal savings rate of September, we were bound to get off our new record high. But we did surprisingly better than I thought. So let’s look at the month of October form a household finances perspective.
October was a very good month. Here is a short financial overview:
- We received our regular incomes this month, the expense claim up to September was also recieved. We also received the quarterly childcare benefits (~€200). Still, the October income was slightly below the YTD average monthly income;
- The crowdfunding income was back to normal with €207 in deposits (combined interest and principle);
- Living and healthcare catogery was about €737 in total. This includes costs for mortgage interest, home insurance, healthcare premiums, utilities and home maintenance. November will be expensive as we have roof improvement work planned (totalling €1200);
- The transport costs were about average with €295 spent;
- Grocery costs were again well above normal this month with a total of about €405. This included some shopping from the holiday in Germany that was booked in October;
- The kid category is now at the “new” normal with about €570, which is primarily after school care (4 days per week) and some randon items for Miss CF;
- Travel and Leisure was about €115. This included costs for a hotel we used on the last day of our holiday and a few outings for the remainder of the month; and,
- The other category was about €260. This was very high due to a €95 restaurant bill (which was so worth it after 4 years of not going out to dinner with the two of us). Other expenses include a gym membership, some cash purchases and shoe repairs.
October 2017 Savings Rate
The savings rate for October was a very good 68.2%. The year-to-date savings rate is now up to 63,6%. We are not going to make platinum for 2017, but we remain solidly in the badass gold saver catergory.
Here are the stats:
If you breakdown our expenses for the month, the distribution looks like this:
Did you also have a great October? If you did, what made it a success? If not, what went wrong?