As expected, July was a “horrible” month from a Savings Rate perspective (compared to our previous months, all is relative of course), but still a good one considering all that happened in July! This months was rather expensive for several reasons:
- We moved so had moving expenses and costs associated with the new home (think paint, supplies, etc.);
- We bought a new washing machine (we borrowed one up till now). We bought it refurbished for 50% of the retail value (yes, it has scratches but also 2 year warranty) for €544 (it can load 12kg!);
- Maintenance and road tax for our car; and,
- We had double day care costs (due to the move and associated timing of payments) and also had to pay funds back to the government for benefits received that were slightly too high.
On the upside, we got double expense claims and income from our new rental property! Yay. The SR for the month ended up being 39.6%
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. However as noted above, this month we had some additional expenses for gas, maintenance and road tax, therefore the relatively high number. The “Kid” category was very high this month due to aforementioned reasons. The other category includes the washing machine and a spare bed. Groceries were slightly higher due to some inefficiencies with cooking during the move.
No leisure this month, had to work hard to get our stuff setup on the new house 😉
How did you do this month??