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February 2018 Money and Life Update

March 5, 2018

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February is over and even though it was a short month, I felt like I got A LOT done.

It was a good month and I’m finally feeling better about things. I felt super productive with work, life, money, and my various goals that I’ve been working.

I’m a notorious over-goal-atizer. (Is that a thing?!) So, I’m trying not to make too many goals for myself these days. Instead, I’m trying to treat them more like daily habits that I just work on a little bit at a time.

Overall, I’m feeling pretty good about things. I even did a Facebook Live video about my new simplified life. You can check that out here.

Now, on to the numbers for February.

Debt Totals:

1/31/2018 – $123,947.08 all debt
$15,998.70 without mortgage

2/28/2018 – $122,827.16 all debt
$15,114.76 without mortgage

Difference – -$1,119.92 all debt
-$883.94 without mortgage

Savings:

1/31/2018 – $2,154.35
2/28/2018 – $2,261.74
Difference – $107.39 Increase

Spending:

CategoryMonthly Total
Saving$107.39
Mortgage$557.40
City Bill$79.24
Gas Bill$34.95
Netflix/Hulu$18.98
Internet$80.00
Phone$83.06
Fuel$34.47
Auto Insurance$77.80
Health Insurance$306.70
Cleaning$90.00
Personal Trainer$170.00
Cash/Other Spending$2,160.01
Travel Savings$100.00
Debt$948.43
TOTAL$4,848.43

Thoughts:

Youch! That’s a high number.

Some of it is because I paid so much extra toward debt this month. I put about $600 extra toward my student loan. This is my smallest balance and highest interest rate, so it’s the one I’m focused on paying off next.

I also spent about $500 on a house project. At first I was going to DIY it. But, I finally realized that the value of my time is greater than the financial cost of outsourcing it. $500 was the up-front half of the project total. I’ll still have to pay another $500-ish at the end of the project in a few weeks.

Finally, something I’ve been debating talking about the blog or not, is that I started going to therapy in January. Being self-employed puts a lot of stress and anxiety on a person and I finally decided that I needed to find a healthier way to deal with my feelings. So, I spent about $390 on therapy in February.

Those three big expenses added up is about $1500 of my spending listed above.

Luckily, February was also a great month income-wise for my business. I’m not sharing those updates on the blog anymore, but you can still sign up to get them by email.

How was your February?

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2 responses to “February 2018 Money and Life Update

  1. What’s the house project you are working now?

    I think a lot of people go to therapy. Welcome to the club! Hopefully you are seeing some results from it and your simplified lifestyle.

    1. Thank you! It still seems like therapy can be a kind of taboo topic at times. 🙂

      I’m working on new furniture for my dining room. It’s actually some furniture I bought used and I’m having it re-done. I’m super excited about it. It’s going to give my front dining room a whole new look and feel!

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