There are now 6 pay fortnights until the end of 2018, I was saving $818 a fortnight, I’ve taken another look and tightened my budget further to increase this to $1000 a fortnight after I was hit by a large tax bill in September with more to come in November. I will not be making deposit by Christmas but I will work as hard to get as close as possible. Read on for my third quarterly expenditure report for 2018…
Third quarter expenditure breakdown: July: Bday month
I turned 31 in July. Last year I found my birthday a very hard pill to swallow but this year with my budget on track and further along towards my home I felt good. A quick budget summary for July:
- It was a magical three payday month
- I bought my flights home to New Zealand for Christmas
- I went to Port Douglas for a holiday with my Mum, Aunts and bestie – thanks Mum for shouting Meg and my accommodation
- I was lucky enough to be invited to a friend’s wedding weekend and had a stellar time
- I bought gifts for my friend’s son, a client, my Mum and Aunts, my friends parents, a colleague for helping me and for friends for their wedding
- I donated to the Learning Potential Fund, UN Women and the Cancer Foundation,
- I was invited by my clients into their team for a walk and broke by clothing ban to buy one of their team singlets for $20 which you will see in the next image
Third quarter expenditure breakdown: August 2018: Ticking along
A really fun month!
- I broke my clothing ban again, I was sent a $10 voucher from Bonds for my birthday and put in an extra $1.95 for a pair of knickers
- I gave to the Cancer Society, Learning Potential Fund, Australian Farmers Drought Relief, EIOU Foundation for Children with Autism, UN Women and The RSPCA
- I had the best night out for my friends Ka Lae and Kieran’s birthday
- I bought tickets to go and relive my youth and see 5ive next year
Third quarter expenditure breakdown: September 2018: When tax bit me, hard
If it was not for the tax bill I would have had a stellar month, but it is what it is!
- I broke my clothing ban a third time spending $65 to take a work jacket and a work shirt to the tailors to get repaired. I normally do my own repairs but they were tricky repairs that I could not do myself
- I had some good fun catching up with old friends and a weekend away
- Gifts I bought included an engagement present, a 30th present, a 31st present, money towards flowers for a colleague and a baby shower gift
- This month I gave to the Learning Potential Fund, Steptember for Cerebral Palsy, Crohns Disease foundation and to a family in need
Thoughts for the last quarter of 2018
I’m back on my bike and back at yoga, I would like to get my health and fitness back on track. I’ve put some weight on with breaking my back, which is not surprising and I would like to fit back into my normal clothes.
I have just completed a huge project at work with my team, our Association of MBAs re-accreditation, it’s a huge achievement and I am really proud of myself I haven’t written a lot the past month as I have been working a lot of extra hours.
I have grown my Instagram to 1770 followers up from 1150 at the end of last quarter, I am hoping to get to 2000 by the end of the year.
Financially I will not meet my goal of a $60,000 deposit by Christmas time but I will not be far off, I will have another tax bill that will hit me sometime in November. My goal is to get as close as possible.
The Economiss is a single, female, millennial on a mission to buy her first home in Australia. A Kiwi by birth, she jumped over the ditch after she finished her tertiary qualifications in search of employment. The narratives quite often showing up online overshadowed her thoughts of buying a house alone changed in 2017 The Economiss started super charging her finances and saved over 30% of her after tax income towards her house deposit as well as cash flowing four overseas trips. In 2018 The Economiss decided to create a new narrative and share her journey saving 36% of her after tax income for a $60,000 house deposit by December 2018. Do you have some tips to share or want to be featured on the blog, please get in touch!