A blog about dividend investing and financial independence for a person supporting a 7 person family on one income. My goal is to be retired at age 55 to pursue other passions in life and rely on a passive income stream generated from dividends.
Saturday, July 8, 2017
June 2017 FrugalMaster Results
The Caves at Hocking Hills
Summer is here and I
tend to spend as much time outside as possible.
To get more exercise I have taken it upon myself to wake up early every
morning and do yard work (some call it gardening). I do this for about an hour before coming in
to get ready for work. It is very
relaxing being outside when all is quiet (especially since the rest of the
family is still sleeping.)
The outside work also
tends to bump up my home costs during the summer. However that is budgeted for the year. I do not look at it as money lost because it
improves the curb appeal of the house for when we sell. I was reading some article that explained
that your house will sell faster as the outside is the first thing potential
buyers see. This makes sense as it is a
reflection of how well you take care of the house in general.
This month there was a
large jump in health related expenses.
This was due to me being diagnosed with scoliosis. I guess I have always had it and my back
problems were getting worse. I am seeing
a chiropractor and the results are great.
Since I am writing this in July most of my pain is gone. Now he is just straightening me out and
helping me strengthen my core.
Unfortunately since I have an HSA all of that has been out of pocket
since my deductible is very high.
Shopping looks a bit
high in the pie graph doesn't it? We
invested in some high quality hiking boots for our trip to Hocking Hills State
Park in Ohio. This was an awesome vacation
and we hiked every day. Some of the
other shopping related expenses were kids clothing shopping for the upcoming
Overall it was another
good month. Income was way up (another
article on that forth coming). My
spending was up as well but still came in at 97%
of my normal monthly income. That means I incurred no additional debt nor
did I have to dip into any savings.
Totaling it up my frugal exercises let me save 51% of my total income for
the month. About 40% of the savings were invested and then rest swept into my
I hope your June was
great and I look forward to hearing about your June as well.