Monthly Savings & Expenses December 2016

Monthly Savings & Expenses December 2016

Time flies really really fast! Especially when it's nearing the end of the year. And before I know it, it is already 2017!



Here's how my December expenses and savings went.

Monthly Expenses Dec 2016

Necessity

House ($312.60) - Apart from groceries shopping, we had to change our tap for kitchen sink and toilet. Both the two taps at $41.80 and $30.80 respectively from Sim Siang Choon at IMM. What surprised me was that transport charges for tap was at $60 and 2 taps would cost $120. I mean, you only come to my house one time to do the installation, why are you charging me twice? Luckily my wife still had the contact of a handy man we used to engage before and $50 settled the installations. 

Food & Eating Out ($501.97 - $32.18 = $469.79) - Daily meals and the weekends eating out. 30% of eating out is allocated as baby expenses.

Transport & Taxi ($80.00) - Monthly EZ Reload top up of $80 and a few taxi trips.

Bills ($430.20) - Personal insurance, mum insurance and money set aside for savings

Communication ($42.00) - My M1 bill that is still on the 3G plan with 12 GB of data.

Baby ($392.50 + $32.18 = $424.68) - The usual expenses on Chloe including packet milk, allowance, tidbits etc. 

Item	Amt
Insurance	100
Packet milk	50
Allowance	200
Wet wipes	19.90
Toy	8
Medication	14.6

Total  $392.50

Baby 2 ($564) - This was the scan which revealed the sex of my 2nd child. And it's a girl. Find out all the happenings here.

Financial Freedom

Everything Savings Account ($200.00) - This goes directly to the 'DO NOT TOUCH' account.

Long Term Savings

Nikko AM Singapore STI ETF ($100.00) - This one's for the long term but automation is the key. It's a 'Set and Forget' method.

Play

Play ($18.50) - It's just movie 'Trolls' with my wife and daughter.

Gifts

Gifts ($85.80) - Some nice tops for my wife and a bit of xmas presents shopping.

Total Expenses for December 2016: $1,895.75

Monthly Savings Dec 2016

52 Weeks Increasing Money Challenge

$106.00 - Automation works like a charm! 4 weeks of $26.50! Yeah! There are many ways to save money, but i like this the most!

Bank Balance Transfer

$0.00 - No balance this month. :(

Financial Freedom Jar

$200.00 - From the Do Not Touch account to the Do Not Touch account!

Carousell

$0.00 - No sales this month. 

Total Saved for Dec 2016: $306.00

Total Saved Since Jan 2016: $4,041.50

Check out how i did in previous months here!

If you have other ways to save money, do let me know. Thanks. :)