Hello there!
So august went by and its time to check how I did: how much benefit
and other incomes did I get, how did I spend it and how much did I save?
This month I got a lot more than I usually get, total of 2372 euros 90 cents.
This consist of the usual unemployment benefit
of 1085 euros plus 1285 euro tax returns from
last year taxes and a couple of euros of bonuses
and saving account interest.
I think the tax returns are highest I have
ever gotten in my live and that is mainly
because they automatically tax 25 % of the
unemployment benefit and my actual tax % was
significantly lower.
I haven’t bothered to apply for to change
my tax %, because it is too annoying to calculate
and when or if I get a job, which I continually
hope and try to get, that would change everything
and the tax % would have to be calculated
again.
I know it’s like a free loan to government,
but I get all of my money from the government.
Beside I like to get tax returns to my account
:)
So how did I spend all of this money I got
last month?
The short answer is that I didn’t.
I managed to be really frugal last month.
I only spend 762 euros!
572 euros of it was on rent or maintenance
charge or whatdoyoucall it.
110 euros was spend on food.
This was a month that me and my boyfriend
decided to make most of our food from scratch
instead of always buying ready-made meals
of frozen pizza.
That contributed a lot to how low the food
bill was.
My phone bill was 15 euros and labor union
bill was 16 euros.
25 euros was spend on gifts and 20 euros was
spend on household items.
I got a mat, a book and some envelopes.
A couple of euros was spend on health.
Total savings in August were 1611.34 €. I’m
really happy with this sum!
This means that my budgeted goal of 3600 € savings
this year is so much closer!
In fact, what I had saved over doubled in
August.
Now I have 2683 euros saved when last month
I had only 1072 euros saved.
Only 1000 € to go in 4 months.
I think I can do it.
Investments:
In august I placed 500 euros of my savings
to an index fund.
I don’t count this as spending although
it technically is.
For me it is a long time investment and saving.
Today I have 7695 euros on index fund.
I have increased the monthly sum I put there
quite considerably since the corona virus
dip began, from 100 a month to 100 a week.
I have bought the index for 6 800 euros and
the profit today is 895 euros.
There will be more downs as well as ups but
I will continue to place 100 euros per week
on index funds, for as long I have money that
I don't need to live and don't need to get
out for at least 20 years.
How do you spend our money?
I would love to hear in the comments.
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