December: End of year savings!

It’s the end of the year!  Let’s check in and see how I did for December and the year end.

December:
Groceries: -$146.43
Eating out: -$35.45
Gas: -$18.00
Natural gas: $3.45
Electric:  $11.77
Remodel loan: $237.50

To recap the month of December: We ate and we ate a lot (clearly).

My monthly savings is $52.84.

For the Year (Goal is targeted reduction from last year)

Groceries
Goal: $300
Actual: -$100.67

Eating Out
Goal:$100
Actual: -$18.97

Gas
Goal: $50
Actual:  -$136.01

Natural gas
Goal: $45
Actual: $173.01.

Electric
Goal: $38
Actual: $35.45.

Remodel loan: $2,137
Actual: $2,137.

Let me say that I’ve nearly halved my natural gas usage since I decided to encapsulate my crawl space and get a tankless water heater (that was more space necessity).  Now the extra $450 a year in savings isn’t that much when you consider how much I spent, but I still swear by the encapsulation at least, and the tankless water heater if you have space limitations.

I overspent this year on both gas and groceries.  I’ve explained before that I did a lot of traveling for work this year via car and that’s a huge reason for my higher gas usage.  But, with that also came $1,012 of expense checks which is more than I spent on gas.  So I guess I win because I made money on gas this year?  Does it work that way?  I don’t know.

Groceries were hit and miss for me all hear, in part because I didn’t have a heavy focus on them.  I didn’t price shop and sale shop as much as I wanted.  I also did a lot of stocking up.  And maybe since I’m not too far off from last year’s totals I’m just not really able to go a whole lot lower.  There is a point where your expenses bottom out and you cannot cut anymore.  Nonetheless, I’ll try some more next year.

Net worth increase: $45,283 (It wasn’t my goal, but it is still definitely a win)

Total savings since September 2015: $5,185.07.

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About His Polish Princess

I'm an engineer by day and an entrepreneur by night. I live with my Old Man, and our cat, Junior. Okay, so the cat is mine, not ours. I have some old fashioned opinions and I believe the unlikely can be achieved with hard work and a little bit of luck. I like cars and motorcycles and remodeling houses and taking risks. I love my family and my community in Small Town, USA. I believe life is one grand adventure that should be lived and thoroughly enjoyed. In 2013 I was diagnosed with an autoimmune disease and focused on natural healing. Fortunately, my disease has been in remission since 2014. In 2015 I was diagnosed with Hodgkin's Lymphoma. These things are just a road bump in life. They won't stop me from remodeling or buying houses or starting new ventures. Life is all about how you see it.
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