Here is a breakdown of my expenses for December 2008.
I’m quite happy with my expenses for December. This is the level I’d like my expenses to be at every month. They will be somewhat higher this month because I have to pay for my health insurance. My new health insurance is payable every six months rather than quarterly as my previous health insurance was. I’ve decided I’m going to list my pro-rated monthly expense for health insurance rather than list it as a lump sum expense every six months to give a more accurate view of my average monthly expenses. The food expense is for lunches out and snacks only, the rest of my food expense is included in either the entertainment or household expenses.
I’m also considering paying $600 to sign up for my school’s bar prep course. That will obviously cause a serious increase in my monthly expenses for this month. Bar registration fees and bar prep fees will raise my average monthly expenses for the first part of the year but the last part of the year I should have very low expenses. Hopefully those will offset each other and I’ll meet my goal of having less than $10,000 in expenses for the year.