April Wrap-Up

April Wrap-Up!

This is another great example of how wildly different our financial patterns are month by month.

Our net worth has been holding roughly steady, finishing April at $823,524, compared to $827,134 at the end of March. We had a solid 62% savings rate for the month, and are at 52% year to date. We expect it to continue climbing, as our large expenses (trip to Morocco + Cel’s annual tax bill) are now done.

Notable things this month:

1. That’s a lot of restaurant spending! Fun fact: All three transactions were Vietnamese food. There was no real reason for it; we just really wanted lots of Vietnamese food.
2. Holy Batman is that ever a lot of entertainment spending! Our entertainment spending is mostly based on what happens to be available, and sometimes all the cool stuff is compressed into one month. This was three concerts, three video games, one movie, and our monthly CineClub.
3. I bought shoes for the first time in a while. I put unreal mileage on my shoes, but still after a couple of years they don’t have any soles left.
4. The $40 “Other” was our annual Lunch Money subscription, which we’re liking so far. Having trialled all the options available to Canadians, none of the Mint alternatives are quite there, but this one is pretty close.
5. If you’ve been following our Sankeys, you’ll notice our income was considerably lower this month – that’s because we operate on net income, and being self-employed, Cel has a tax bill every April. This is partially offset here by my own tax refund, but it’s still a noticeable difference.