Monthly Spending and Budget Report-November 2012

To those new in this blog, I track my spending every month. My goal is to spend 50% of my income in order for me (and hubby) to retire comfortably in early 40s. My November 2012 monthly spending and budget report is very late. October was a travel month for our family. Then the geyser (water heater) in one rental unit acted up leaving our income with a huge hole.

November has been much better. Every bad month is followed by a careful spending month. Thats why I love this reporting exercise. It keeps me on my toes

My November 2012 monthly spending and budget report:

INCOME	NOV'12	OCT'12	NOTES
Real Estate	59%	45%	Too high for my liking.
Hubby Allowance	33%	52%	What hubby gives to me.
Once Off	1%	0%	Interest free loan payment by my friend.
Online Income	0%	0%	I will get three months worth this month. I didn't. I finally received a fat cheque in December.
Extra	8%	4%	Interest on my Emergency Fund. Plus dividends, AGAIN. I so love Dividends. I wont lie about it.

One thing that makes me unhappy is that the interest on my Emergency Fund is 4.65%, which is below the inflation rate. I will be reducing that money this month, for better financial gain.

ITEM	NOV	OCT	NOTES
Real Estate	18%	24%
RA & Unit Trusts	7%	6%	Fixed for my life insurance and the rest of small investments. Some of which I regret.
Online	0%	7%	Yep.
Internet/ Phones	2%	2%
Consumer	2%	16%	Back to normal
Withdrawals&Fees	0%	4%
Giving	16%	16%	This doesnt seem to want to habour at around 10-12%.
To Invest	54%	26%	54% is GREAT!!! I paid nothing to  my homeloan, but the Mr did. Like every month I topped up my Just Invest (Nedbank) interest to a round R5000. then I started a Car Fund stroke stock picking.

I lived on 46% of my income in November (comparing to 74% in October). Our Net Worth grew by just above R21K in November.

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