2009 Expenses – $12,090.99

My total expenses for 2009 were $12,090.99.  That does not include the purchase price of my car although it does include all other car expenses associated with the car purchase such as the sales tax and registration.  It doesn’t include business expenses either as those are deducted from my business income.

I’m fairly satisfied with that total although I want to do better this year.  I had a goal of keeping my expenses under $10,000 last year which I obviously did not meet.  I did come close to my backup goal of keeping my expenses at $1000 a month.  Considering I spent over $1000 on travel and over $1500 on entertainment it is surprising I came as close to meeting my goal as I did.  I do plan to cut back on my entertainment expense this year but I will probably spend just as much on travel.  That means I am going to have to be extremely disciplined in all other areas of my budget. Considering I didn’t have a car most of last year it will be hard to keep my expenses in 2010 below the 2009 level but I am making that a goal.

Frugality and Relationships

A commenter yesterday asked how my girlfriend deals with my lack of spending. My reply started to become rather lengthy so I am posting on the subject as well.

My GF is relatively frugal when compared to how most people spend their money. Compared to me she is not that frugal. I realize that my level of frugality is not what most people are accustomed to. I’m not going to change my frugal ways though. At least not much. In any relationship you have to compromise some and we have both made some compromises. She has become slightly more frugal and I have loosened up on my spending a little. Money hasn’t been a problem so far because we keep our money separate. It could become an issue eventually depending on what happens with our relationship.

Since I am now living with my GF money is more of an issue than when we were just dating. I pay her an amount roughly the same as I was paying for my apartment towards our household expenses and she pays all the bills. I suppose some could question whether this is a fair arrangement since I’m paying less than half the household bills. I do pay more than what my living with my GF is costing her though. We are both happy with this arrangement and that is what counts.

I don’t think there is a standard formula for dealing with money for couples. Couples just need to discuss the subject and come up with their own solution.

October Expenses- $1157.51

Here is a breakdown of my expenses for October.

Household$418.29
Transportation$131.61
Food$73.85
Entertainment$152.87
Debt/

Education

$115
Utilities$64.97
Health Insurance$200.92
Total$1157.51

My overall expense level was reasonable. I didn’t meet my goal of $1000 a month in expenses. That goal would have been met though if I didn’t have my quarterly health insurance payment of $200. I did spend way too much on food. I ate out almost every day which not only cost me money but caused me to gain weight and wasted a lot of time. I’ll have to do better on that this month. My entertainment expenses were a little high this month but I’m not concerned about that. My other expenses should remain about the same this month. One possible exception is if I do some Christmas shopping this month that will be reflected in my household expenses.