My expense total for November was very good. It looks like I will soon be able to get my expenses under $1000 a month. I did not include my vehicle purchase in the expenses. The money I receive from selling my van should cover my car purchase and associated expenses, any money leftover will be income for December. If the van sale doesn’t cover the car purchase and associated expenses than I will count the deficit as an expense for December. Assuming I am able to sell the van this month.
My big expense was once again transportation. I spent well over $500 on gas in November. I’m moving to Kansas City so this expense will go way down this month. It will be offset by having rent, but my rent will still be less than what I’ve been spending on gas. My car insurance is due at the end of the month so the transportation category will still be my biggest expense in December. The category should be way down in January though.
It will be difficult to meet my expense goal of $1000 this month due to moving expenses and my semi-annual car insurance bill. I should still come close and I think I will be well set up to get my expenses under $1000 in January.