Hi hi! As we are starting May, I think that our March and April money recap is a bit overdue 🙂
In summary, the GF and I save/invest $9,456.04 for March and April 2022. This is about 55% of our combined income. This breaks down to about 35% in savings and 20% in investments. The GF didn’t put much into investment these 2 months, so our number is a little heavy on the savings side.
As always, the allocation of savings and investments will fluctuate as my GF invests irregularly. So for these 2 months, the GF didn’t put much into investment, so our saving is a little heavy. On the other hand, I did convert $470 from my saving and invest that money, so you’ll see that this amount is not included in the breakdown below.
Our expenses are 45% of our income for this month. The highest expense we have is rent and utilities, which is 22%.
Our food is about 12% of our income. As the GF has recovered from her wisdom teeth saga, our food budget is coming back up to a normal level. Also, now that she’s back in the US, we no longer enjoy the low food cost from abroad 🙁 This is still our second-largest expense after rent.
The rest of our expenses totals to 10% of our income. This includes travel, shopping, gas, internet, our Samsung tablet payment, subscriptions, and miscellaneous expenses.
Aside from all of this, we also spent a reimbursable amount of $2,877.24 for the GF’s business trip for this month. It’s the same business trip as stated in our February 2022 recap post, but this amount is for March. This includes the cost of her flight, hotel, plane wifi, airport parking, and tolls. But since we’ll be reimbursed for this, I did not include it in our total spending. We did use my Chase travel card to pay for this, so we were able to rack up some additional travel points!
Overall, this is another win in my book! We saved/invested a large portion of our income and managed to keep our expenses mostly at the same level. Admittedly, I was thinking that we could’ve invested more due to the market tanking and reduce our savings level, but given that the market is still on a downtrend, I still have some time to invest!