Budget Round-Up: February 2015

I’m a couple of days early but here is our spending breakdown for February.

February 2015 Budget

Apartment Costs:
Nothing much happening here. Electricity was less than last month, but we were away for 6 days.

Variable Costs:
Grocery was under budget! Woo! And I stockpiled! Double woo! We spent a little on paint and filler to get the bedrooms finished. This money should technically have come out of the apartment budget, but I left it in here. A vase also slipped onto this budget line. Me + West Elm = Control Issues!

We spent a little on eating out this month as it was my birthday – we’re not talking about which birthday as I’m still in denial!! ;) – and this was our contribution to the meal cost.

Clothing I talked about yesterday. M bought a polo top and swim shorts too.

Gifts. I restocked my gift wrapping supplies this month + bought my daughter a birthday gift. Postage was spent sending sold items. I made a little over £50 this month by doing a little de-cluttering.

Travel Costs (not included above) £583.82
£352.60 in New York (on food and transport mainly). We then spent £231.22 on day trips for a fast approaching May vacation.

General notes on our budget:
1. Pension deductions are taken straight from M’s wages
2. We have an amount of money set aside for apartment updates
3. Monthly donation payments are taken from M’s checking account, and then
4. The joint checking account is funded with £2,600 every month. 50% of this money goes on expenses, the other 50% is invested.

2015 Financial Goals progress:

It’s early days but here’s how I’m doing so far.

1. The sum of invested assets at 25% of goal by December 2016. At the end of February our progress will be 12.19% On target.

2. Spend no more than £2,520 on grocery & household in 2015. £416.32/£2,520. On target.

3. Track every penny spent in 2015. So far so good :)

How did you do in February?



Clothing purchases

I recently purchased two additional items to add to my minimalist wardrobe.

I have a clothing budget for 2015 – £330 – which may seem a lot, or not very much at all. I don’t know!? I also received half as much money again for my birthday, and so now I feel quite loaded! Anyway I may or may not spend all of this money. I do need a pair of boots, and a few summer clothes, but apart from that my wish list is quite short.

Onto my recent purchases.

Feb clothing purchases

I bought a pair of MK flats, in navy, and a grey cashmere jumper. The shoes, which have more ‘bling’ than my usual choice, fit like a glove and look lovely with jeans. They cost £59.23. The jumper, reduced from $160 in Lord & Taylor (approx £106), was £34.32. Both items fit perfectly in with all the other clothing in my fairly minimalist wardrobe.

What about you, have you made any clothing purchases lately?



New York (February 2015)

Earlier in the month we were very lucky to be able to spend another few days in New York. It was very cold (and snowy), but we still had a lot of fun.

Here are a few photos from the trip.

Chelsea New York

Empire State Building from the Chelsea Area

Washing Square Park

A snowy Washington Square Park

Washington Sq Park

One World Trade Center from Washington Square Park

Our trip was over five nights and as usual we set the budget at $100 a day. We ended up only spending £352.60, mainly on food and transport, but I did spend £93.55 on two items for my wardrobe and £35.37 on items for the house. I’ll share the clothing (a jumper and a pair of shoes) tomorrow.