Checking In With My Savings Plan: August Edition

By Nicole Dieker September 2, 2016

In August, I received $8,553.89 in freelance payments. Here’s what I put in my sub-savings accounts:

Taxes got 22 percent, or $1,881.86.

Debt got 20 percent, or $1,710.78.

Savings got 10 percent, or $855.39.

I also added another $25.40 to my savings account so I could get this:

That left $4,080.46 for my checking account. I won’t detail how I spent every penny, but I did spend a lot of them. My overhead costs were $1,866, as follows:

$995 on rent
$246 on health insurance
$394 on groceries
$81 on internet
$97 on smartphone
$18 on electric
$15 on renters insurance
$20 on public transportation

I also donated $150 to various charities, spent $51 getting my hair cut, and spent an unbelievable $1,145.40 on airfare, a two-night hotel stay, and an Amtrak ride so I can fly to New York to see Hamilton with friends and then visit my sister and her family in Silver Spring, Maryland. (My beloved Pod Hotel cost $627.20 for two nights. FOR A POD.)

So yeah, that’s where my money went, this month.

What about you?

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