February 2019 Budget

Another good month, with expenses only hitting $2,718.  We made $3,775, so another thousand dollars put into savings.  The only big unexpected purchase was our Nighthawk Hot Spot, which was $216. It’s working great though, and since internet is such a big part of our lives I don’t begrudge the purchase.  Also, as an FYI I finished our taxes and sent them to the accountant.  We made roughly $16K last year in 1099 income, and had about $3500 in expenses we could deduct along with $3300 interest on the RV loan. There were major changes this year to the tax code, and I am really not sure how all of that is going to turn out.  It might end up being better for us to just take the standard deduction and not itemize.  We’ll see.  I’ll let you know when the accountant gets back to me.   For more details on this month you can see below.

 

 

Groceries – I adjusted the budget amount to $700 a month for this year based on prior spending and that seems to be a much more manageable target.  Unfortunately we are extremely limited in grocery stores within a one hour drive and the prices reflect that.

Entertainment – My favorite author came out with two new books in the month of February, which was great for me to read, but hit this category a bit. Lee also got a book. Normally we don’t buy books brand new, but he really loves Stephen King and couldn’t wait to get it later.  I also bought my own copy of Open Road, and seeing myself in print was a pretty special moment.  Unfortunately due to printing in color, the trade paperback version is kind of expensive, but I wanted a copy for myself.  It turned out really good.

Insurance –  Now that the new insurance company is in place I need to adjust the budget amounts.

Cigarettes – We buy what we need quarterly and since we will be on the move in a couple of weeks, pre-bought what we would need.

New Equipment – New wifi hotspot, I talked about that above.

This month was fine and we are working until March 18th and then moving on to Phoenix where Lee picked up a week of live event work with a good friend and company he used to work for.  We have saved more than enough to cover our costs until we hit Oregon, and then will start making money again.

 


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3 thoughts on “February 2019 Budget

  1. I’m not an expert but have done lots of research for our full time living starting next year, but your yearly income concerns me in relation to health insurance. Didn’t you sign up for ACA plans recently? $16K on your tax return doesn’t meet their qualifications – and I believe it’s even based on your adjusted gross income. Or am I missing /not understanding something? Thanks!

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