Monthly Status Report: April 2017

Hap­py May, friends! With the addi­tion of my month­ly rental line items, I am chang­ing the month­ly report for­mat. Please note I also have some affil­i­ate links in the posts now, as they help off­set the costs to keep this blog run­ning. Let me know how you like the changes in the com­ments!

Why do I do a monthly status report?

I find it best to do a month­ly sta­tus report for a few rea­sons.

  • It helps me eval­u­ate how I did the pre­vi­ous month. Did I hit a tar­get reduc­tion in spend­ing or did I go way over bud­get for a par­tic­u­lar cat­e­go­ry? Did I earn more? What was my over­all sav­ings rate?
  • It helps keep me account­able. How can I make an extra pur­chase know­ing I’ll have to explain myself to all of you? Talk about awk­ward when the blog­ger can’t walk the walk and talk the talk.
  • I want to prove this crazy thing called finan­cial inde­pen­dence works!
  • It pro­vides an exam­ple of real world bud­get­ing and expens­es. Some of the peo­ple I talk to haven’t ever seen a prop­er bud­get or seen one put into action, and part of the pur­pose of this blog is to lead by exam­ple!

I use Mint to help me track my spend­ing and keep an eye on my accounts. I also use a real­ly awe­some and super in-depth spread­sheet. So many for­mu­las….. Some peo­ple use Per­son­al Cap­i­tal and oth­ers use You Need a Bud­get (YNAB). What­ev­er tool (or com­bi­na­tion there­of) works best for you and your needs is the best one for you, since every­one and their bud­gets are dif­fer­ent.


April was a much calmer month all around than March. No new major expens­es or sur­pris­es popped up on the house or in life, although I didn’t appre­ci­ate the incon­ve­nience of two of my tires giv­ing out in the same week. For­tu­nate­ly I have a healthy cash cush­ion even after buy­ing the house so I was able to absorb that cost with­out too much angst.

The theme of the month was Mee­tups! I absolute­ly love going to dif­fer­ent group meet­ings and mak­ing con­nec­tions with a new group of peo­ple. I met up with the local real estate investors club, a plan­ning meet­ing for a new Mak­er­space (hope­ful­ly com­ing soon. I need space to work on projects!!), prac­tice for my new soft­ball team, and last but cer­tain­ly not least, an FI meet­up in Min­neapo­lis!

I espe­cial­ly love going to FI mee­tups. This is what, my 5th or 6th group meet­up? I can tell you, they nev­er get old. Chat­ter flew across the group as top­ics like invest­ing talk, birth sto­ries, trav­el tips, and favorite concerts/bands got dis­cussed. Even though I’d just met every­one in the group that day, they already felt like old friends. (Aman­da from Centsi­bly Rich doesn’t count because we car­pooled, shared a hotel room, and she used to be my neigh­bor.) The group includ­ed Wealth Well Done, Physi­cian on FIRE, Bible Mon­ey Mat­ters, the Ground­ed Engi­neer, Gecko Vision, Apa­thy Ends and the No Non­sense Land­lord. It seemed like we had just about every facet of finance cov­ered that night. It also seemed like we hit every brew­ery in town but I was assured there were plen­ty more to explore for the next meet­up.

With­out fur­ther ado, I present my April 2017 expens­es.

RentFirst pay­ment isn’t due until May!
Util­i­tiesFirst bill in May. It’s going to be a bit high­er than my last place
FoodBelow bud­get!!!! Amaz­ing!
PhoneSo low. I love Project FI!
AutoGas and fix­ins on the car. 4 new tires and labor isn’t cheap. But so, so worth it.
Inter­netInter­net will start in May as well.
Insur­anceHealth insur­ance is paid direct­ly from my pay­check.
PetStocked up in March, no need for more in April.
Sup­portI sup­port my sis­ter with her mis­sions!
BlogMonth­ly fees for sup­port and email.
FeesFees are dumb.
Shop­pingRan­dom neces­si­ties
Trav­elLast pay­ment for Ecuador, hotel in Min­neapo­lis, and a Lyft ride.
HouseLawn­mow­er, rake, gloves and oth­er assort­ed house sup­plies.

All told, my spend­ing totaled $3050.26 for March! Slight­ly high­er than nor­mal, but I’m still work­ing on find­ing my new nor­mal with the house. Fork­ing over $500 on new tires real­ly killed any hope I had at get­ting in at a ‘rea­son­able’ num­ber. Still, $3,050 isn’t bad and I could have eas­i­ly spent far more.


Pay­checks: $3,118.58
Rental income: $1,100
Tax refund: $1,019
Misc: $101.68

Total: $5339.25

April was a fun month of income due to my tax refund and my VERY FIRST RENT CHECKS! They were espe­cial­ly wel­come this month with the unex­pect­ed expens­es.


401k: $2,171.24
Roth IRA: $450
HSA: $220.82
Cash: $1,891.44

Total sav­ings: $4,733.50

What a great sav­ings month! I love it when I don’t actu­al­ly spend all the cash that comes into my pock­et. The 401k deposit jumped up a lit­tle with my raise last month, so now I will hit the max ear­li­er in the year. Prob­a­bly makes about 1 day total dif­fer­ence but hey, every day counts!

Net Worth

Accord­ing to the Lab over on Mad Fientist’s site, my FI date is now 7 years and 7 months away, which means I’m at Novem­ber 2024! I’m stoked to have got­ten over the ’25 hur­dle that was stymieing the last few months.

My total net worth jumped to $151,331 this month thanks to a strong mar­ket, low­er spend­ing than last month, and includ­ing home equi­ty. I broke the $150k bar­ri­er! I believe I am still on track to hit $200k net worth by the end of the year, but we shall see!


Thanks for read­ing! What did your month look like? Did you stick to your bud­get?

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25 thoughts on “Monthly Status Report: April 2017

  1. I’m jel­ly of that cost to live in your apart­ment! How’s the rent­ing going? It took us a sol­id three months to recov­er from buy­ing a house; you’ll get back to your groove in no time. Sor­ry about those new tires! But I guess safe­ty comes at a pre­mi­um. Sigh. Our April was real­ly rough, so we’ve got a lot of work to do for May.
    Mrs. Picky Pinch­er recent­ly post­ed…What A Fru­gal Week­end! April 30My Profile

    • Rent­ing is going ok. Still quite a bit adjust­ing left to do. Don’t for­get I didn’t have a mort­gage this month. Next month’s sta­tus report will have num­bers in that line 🙁 🙁 🙁 Sor­ry to hear your April was rough. Here’s to a bet­ter May!

  2. Great work as always! It’ll be inter­est­ing to see how the FI com­mu­ni­ty reacts to the next eco­nom­ic down­turn. Is it bad I’m secret­ly hop­ing it hap­pens soon­er rather than lat­er so stocks go on sale (mar­ket tim­ing face punch)? It seems like you have a grow­ing Cash bal­ance, do you have a tar­get lev­el of cash before plow­ing addi­tion­al funds into invest­ments of some sort? While I take advan­tage of tax advan­tage buck­ets first, I still remain con­ser­v­a­tive and prob­a­bly hold too large Cash bal­ance above emer­gency needs.

  3. Con­grat­u­la­tions! How great are rent checks? Like ‘look at this mon­ey, this was the eas­i­est mon­ey ever!’

    Well, you’ve just fin­ished buy­ing so it prob­a­bly doesn’t feel easy right now. But the big work is done and yet the mon­ey will keep rolling it 🙂

    • I just need a space to do wood work­ing! And maybe have a lit­tle cor­ner for stained glass stuff

  4. Nope. Still feels great! Actu­al­ly a bit bet­ter because the work is so fresh in my mind. Feels like I’m actu­al­ly earn­ing it!

  5. Those are some sol­id num­bers, great work! Looks like you also had an amaz­ing time (and I can imag­ine how good it feels to get those rent cheques).

    I got home from Japan on April 20th so my bud­get is 100% down the drain. Thank­ful­ly I’m liv­ing expense free until I get a job as my in-laws are hous­ing us and my part­ner (who has a job) is cov­er­ing our three expens­es — food, gas and board games 😉

  6. This is the first month­ly sta­tus report on your blog, so don’t notice the changes 😉
    Do like how you put every­thing up here, and shows your work­ing on some­thing great! Con­grats with your first rental checks. We hope to join that par­ty some­where this year. But we’re just start­ing out, so we expect to be mak­ing slow but steady progress.

    • Join the North Stars group on the Rock­star Finance Forum! That’s where this par­tic­u­lar meet­up was born 🙂

  7. Do you track your month­ly progress for your­self or most­ly for your blog? I don’t enjoy look­ing at each pen­ny I spend although I know many do and track every dol­lar. I instead like to set up the auto­mat­ic sav­ings, group mon­ey into cat­e­gories beyond that and focus ener­gy on oth­er things.

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