Wednesday, November 18, 2015

October 2015 Budget & Savings

Income & Expenses
My income is pretty consistent now however I wish I could say the same for my expenses.  A few more bills trickled in from the birth of my daughter.  Only another 1100 dollars for general hospital services.  I ranted about the healthcare industry last month so I will not do it again.  So what else was over or under?  Let's take a look.



Auto K
Both the minivan and car are doing great.  Just fuel expenses and the cost of gas is low in my area.  I saw it for $1.89 just yesterday.

Personal J
Over budget in several sub-categories this month.  The first one being healthcare which includes my son's braces.  I pray this goes back to normal in November as the Christmas season is upon me and anything I had saved went to pay hospital bills. 

We continue to go over in childcare because of unbudgeted diapers and just buying clothes for my ever growing children.  So far we are $2000 over budget in this sub-category.  This will definitely need to be revisited next year.

Surprising we were over budget in the food category.  This doesn't include dining out.  My guess without doing too much research would be fast type meals and junk food.

Lastly my Wants was over budget.  We took the kids out to see fall colors and did some shopping in country stores.  The day trip and eating out 11 times over the course of the month was too much for the 'ol budget.  Having a baby and getting home late from work is not a good combination for saving money.  You can only do canned soup and frozen meals so much before you break down.  I do cook on the weekends but the weekday I have to plan easy things for my wife.  It will get better so I am hanging in there.

Utilities K
No surprises here.  Our phones are almost paid off (I think in November) so the phone bill will drop big time.  This will be a welcome change as I have been paying them off for 2 years.  After that all our phones are ours and I plan on getting at least 4 years out of them.

Loans & Mortgages K
Nothing new here.  Just keep on paying the mortgage down.

Savings & Summary



So it was a break even month.  Actually I had a few dollars to spare thus giving me a positive savings rate for the month.  I am pretty Ok with that considering the bills I had to pay and being over budget in more categories than I should be.  I did invest some this month on a few dips so that is a positive note.  The capital came from some previous savings which gives me some pleasure in knowing my income from dividends is still slowly increasing.

I hope your October fared better than me.  If it didn't don't give up and try again in November.  No one is perfect.  What makes the difference is your actions going forward. 

Happy saving,

DFG

Wednesday, November 11, 2015

October 2015 Dividends


Hopefully this will be the last month were not much has happened.  Just sitting back (not really, been raking leaves) and collecting income.    Another purchase I should not have made presented itself to me.  CRWS I noticed hasn't raised its dividend in years.  If only I could go back in time before I knew what to look at for a good purchase and change those decisions.  You live and you learn so going forward these won't happen again.  Until they cut the dividend I will just keep collecting it.



Company
Held In
Dividend Paid (Qtr)
Amount Received
Shares of life purchased
October
GPC
IRA
0.615
$6.98
0.0842

UBSI
IRA
0.32
$7.69
0.881

CRWS
IRA
0.08
$1.48
0.1829
Not a dividend growth stock
T
IRA
0.47
$50.91
1.5192

WGL
IRA
0.463
$48.91
0.786

EROC
Taxable
0.07
$0.26


HRZN
Taxable
0.115
$6.99


VNR
Taxable
0.118
$0.27


GE
Taxable
0.23
$6.13





My YOY dividend income took a dive again.  Same as last month regarding my selling of some bad investments.  I have since taken that money and invested it in dividend growth stocks.  Those purchases I still need to write about.  As the year gets closer to ending I do believe I will still pull in my dividends than last year.  That does give me hope and the drive to keep saving and investing.



Any cuts for you this month?



Happy dividend collecting,

DFG