Tracking 2015 – March

Leave a comment

It is a few days into April and you could be forgiven for thinking that I had forgotten this series.  But no, I am just running a little late.

BudgetingHere are the monthly totals so far:

January – $2,628.73
February – $1,783.49
March – $4,320.56

Well March really blew the averages!  What did we spend our money on?

The blowout in our March spending has highlighted the precise reason why I wanted to track our spending for a whole year.  I knew that our variable spending was very patchy.

One example is the category “Pets/Vet/Registration”.  Our combined total for January and February for this category was $43 yet in March it was $673.  The dog had his annual check-up and annual heartworm medication, we bought 2 large bags of dog food, chicken feed and a fancy chicken feeder which will hopefully save us money in the long run by not allowing other wildlife to access the feed.

2011-12-12 04Food was also higher due due some bulk buying of nuts and dried fruit.

We both bought clothes this month – 2 dresses, a bag and shoes for me and Gman bought 2 new business shirts.

2015-03-21 01One of the cars was serviced and we continue to spend on things to do with house maintenance and developing the garden.

The spending was carefully considered but I certainly would not want to be spending like that every month.

The regular Friday Flashback post will be up this evening.

Tracking 2015 – February

Leave a comment

At the end of January I wrote a post about tracking our spending for the year.

It is now the end of February and we have continued our diligence in order to create an accurate picture of our variable spending.

BudgetingThere was no more holiday spending and our grand total for February was $1,620.92 which is almost exactly $1,000 less than the total for January (excluding bookings for our holiday).  Many, but not all categories were substantially less.  This was not because of any concerted effort, but rather, is an indication of how our costs fluctuate on a month by month basis.

Food made up a much smaller proportion with a spend of $233 in February compared to $633 in January.

Most importantly, if the food and transport costs for the first 2 months of 2015 were averaged out over a 12 month period they work out to slightly less than the figure I put in our budget estimation late last year for the financial planner.  This makes me feel as though I have a pretty good idea of where our money goes and how much it costs us to live.  The proof will come later in the year if the figures continue to stack up.

Tracking 2015

4 Comments

Today is Saturday.  Where did the week go?  I am very busy at work so although I have been thinking about my blog that is as far as it went.

Not only is it Saturday, it is Saturday 31st January.  The final day of the first month of 2015.  1/12th of the year gone.  Have you already forgotten what you resolved to do better/differently/more consistently in 2015 already?

BudgetingOne of my goals was to actually track how much we spend.  We have never worked to a real budget – actually allocating a certain $ value to each item/category but we keep careful track of the regular bills – rates/insurances/phone/internet but is the variable spending that is more difficult to calculate.  I do not have a specific amount of money for groceries each week as I tend to bulk shop for dry goods and meat and buy perishable items on a weekly basis.  I need to average my grocery spending over at least 6 months to get a fair and accurate idea of how much we spend.

As I said it is the last day of the month and we have been shopping so there will be no more spending today.  The grand total of our variable spending in January was $5,134.53 – yes, over $5K!  Almost exactly half of that was airfares and accommodation for our Singapore holiday later in the year. So, $2,618.73 looks somewhat better.  This figure includes food, clothes, gifts, hobbies, eating out, entertainment, alcohol, car fuel and maintenance, haircuts, public transport, pets, medical/dental and incidentals.

Apart from the holiday spending which is really a one-off, the categories with the highest spend were food $623 closely followed by public transport $620.  This is really interesting because what finally prompted me to track our spending very carefully was that I wanted to know how much we would need to live a comfortable lifestyle on our terms in our retirement.  Giving up paid work is a few years away yet but it is important to budget for life without regular employment.  We will still need to eat when we are retired but public transport will cease to be an issue as all of that expenditure is related to our lengthy commute to the office.

Do you know how much you spend?  Working or retired?  I would love to hear your comments.

Christmas is Coming

4 Comments

I know that the year is rolling by and before we know it Christmas will be upon us.  In fact I read this comment on a discussion forum a couple of days ago,

“Everyone is so busy and it will get even busier as it gets closer to Xmas… which I haven’t planned anything….”

This got me thinking as to why everything has to be busy in the lead-up to Christmas.  I love Christmas for the joy of being able to share the day with my family, especially the grandchildren.  I do not enjoy the commercialism of it nor the endless round of parties, celebrations and gift-giving.  The associated stress and pressure is simply not worth it.

Christmas Shopping

I try to switch off to most advertising at any time but I find it particularly insidious at this time of the year.  Every conceivable type of business is exhorting us to buy their goods so that they can be delivered by Christmas.  Worse still, are the offers of no repayments until the New Year etc, etc.  Just remember that everything has to be paid for at sometime and do you really want to be paying for Christmas at this time next year?

Like many other aspects of our life, we have managed to eliminate a lot of unnecessary Christmas festivities and focus on what is important to us.

This year we will be keeping it simple.

Neither The Duke nor I attend any work functions.
The Duke and I will go to a local festive gathering.  It is an opportunity to socialise with our neighbours and is hosted by a different family each year.  Everybody brings their own drinks and a plate of food to share.
We will take our grand-daughters to see the Christmas lights in our area. I want to take them to a carol service at the local church.
We will spend 5 days at the beach with family.
Christmas lunch will be at my sister’s place with extended family.
Gift giving for the family will focus on experiences and/or consumable gifts.

Over the next 6 weeks I will share some of the things you can do and make in the lead-up to Christmas which are memorable but relatively easy on the budget.  Please share any special ideas from your family.

In the meantime, here is a photo I took yesterday when I went to Caloundra to meet some friends for lunch.  I am hoping for some similarly spectacular weather when we spend some time there at Christmas.

2014-11-07 02

Organising Finances

2 Comments

I have been at work all day so nothing much to report on the home front.

However, we are currently working on a long-term financial plan as opposed to the day-to-day budget.  There is so much to consider – transition to retirement, salary sacrifice, superannuation options and so on.  We have sought professional guidance but the final decision is ours and we have to be comfortable that we have a workable and sustainable plan.

Retirement

Do you have a retirement strategy?  Or are you already retired from the workforce?

Something from the Garden

11 Comments

Back to one of my favourite topics – eating what is in season.

Last night we had salmon for dinner.  While the salmon is not strictly local, it does come from Australian waters.  It is farmed in the clear water of the Huon River estuary in southern Tasmania.  The salmon could hardly be considered a budget meal as it costs about $10 for enough for 2 serves.  We always barbeque the salmon and season it with a little salt and some lime juice to enhance the flavour.

Dinner
I served it with pumpkin mash, stir-fried pak choy, balsamic roasted cherry tomatoes and avocado slices.  I poured some of the balsamic/tomato juice over the salmon as a glaze to finish it off.  All of these ingredients came from our garden so you can’t get much more seasonal or local than that.  It also means that a meal of salmon is quite a reasonable price.  What would you pay in a restaurant for a meal like this? $30 – $35 perhaps?

Not every meal contains as much of our own garden produce but I do try to include it as much as possible.  Tonight we are having pizza which will be spread with mango chutney (made from the neighbour’s mangoes) instead of tomato paste and have balsamic roasted pumpkin as the main topping.

We have had a bumper harvest of pumpkins this year so I am constantly looking for creative ideas to use them.  As well as the ubiquitous pumpkin soup, pumpkin mash and being used on pizza topping I have also made some pumpkin scones recently.

What do you have a glut of?  Do you have any pumpkin suggestions?

No Celebration Today

14 Comments

NOTE:  The subject matter of this post is political and includes my opinions.

Last night was Budget night here in Australia.  It was the first budget delivered since the election of the new government last year.  There have been so many leaks and hints over the past weeks that people may have been forgiven for thinking that they had heard it all by the time last night rolled around.  How wrong we were!

promises

The governement have been hammering the message about the dire straits of the debt and deficit in this country and how everyone has to share the pain.  From my assessment of the budget there is pain, YES (lots of it)………….shared, perhaps……………..equitably shared, NO!

I wanted to write this post last night but I was simply too angry to even contemplate putting my thoughts together in a coherent manner.

I would like to point out that my anger is not about what I or my family will lose personally, both now and in the future.  I am angry that the sick, disenfranchised, elderly and those least able to defend themselves have been viciously attacked whilst big business have emerged virtually unscathed.

Here is a list of some of the measures announced – it is not complete and the time frames for introduction vary.  I and most others do not have all of the details but I understand enough to be very, very unhappy.

As far as I can see I can expect to pay more for fuel with the reintroduction of the fuel excise to be indexed twice-yearly.  This will also affect the cost of everything, including food that is subject to transport costs.  I will have to make a co-payment to visit the doctor, have a blood test or an x-ray.  Prescription medicines will rise in cost.  The eligibility for an aged pension will rise to 70 years.

Our income is such that we are not liable for the debt levy which is being applied to all those earning in excess of $180,000 per annum.  However, we have sufficient room in our own budget to accommodate the increase in costs that I outlined in the previous paragraph.  We plan to have adequate superannuation to fund our own retirement without having to work until we are eligible to access the aged pension.

So, I should be pretty happy, right?  I am not because I fear for others in our society who are not so fortunate.  Check out this graphic for the ‘Winner and Losers’.

Here are a few examples of some of the negative changes.  There are far to many to list.

No unemployment benefits for 6 months if you are under 30
Changes from Newstart to Youth Allowance for 22 – 24 year olds
Eligibility for aged pension to increase to 70
Superannuation Guarantee Levy to be frozen at 9.5% until at least 2018
First Home Savers Account to be scrapped
Schoolkids Bonus abolished
$7 co-payment for Dr visits and also pathology and radiology
Funding slashed to CSIRO, ANTSO, ABC and SBS
Abolish PHIO (Private Health Insurance Ombudsman)
Increase in cost of prescription medications on PBS ($0.80 for concession card holders and $5.00 extra for the rest of us)
Abolish the Australian Renewable Energy Agency
Cut funding to the National Anti-Tobacco Campaign
Gonski school funding model disbanded – cuts in education funding
Allowing hospital emergency departments to bill for “GP-type” visits
Cut funding for human rights education
Higher university costs

Here are some of the beneficaries that you may not have heard about yet.

Increased funding for school chaplaincy services
A new icebreaker ship
Funds for Australian Drug Commission
Medical Research Future Fund
$1 million for accommodation for students of Australian National Ballet

A quote I found online:

“No progress on tax avoidance, no sign that Australia will responsibly lead the G20, no reform of expensive concessions to the rich: this budget is a massive moral failure”

And finally, absolutely nothing positive for the environment and the effects of a changing climate but that is hardly surprising since Mr Abbott does not believe it exists.

 

 

 

Foodie Friday – Keeping it Local

7 Comments

I am sure it is still Friday somewhere – my apologies for the lateness of this post – it is Saturday morning here.

How do we feed ourselves?  Food prices keep increasing, labelling laws are ambiguous, processed foods contain unfamiliar additives and food allergies appear to be on the rise.  Add to this, a desire to eat organically-grown food which I believe is better for my health and the health of the planet and it starts to feel a bit overwhelming.  While we are at it, the wasteful packaging needs to be minimised as well as transport costs, both monetary and environmental.  Don’t forget ‘food security’ – the latest catch-cry.  This is the ability for us, as a nation, to feed ourselves in the event of natural disasters or major changes to the world order.

Have you thrown up your hands in despair?  Fear not.  You can begin to solve all of these issues with a single action – grow some of your own food.

The Duke and I have a somewhat neglected but productive garden which sometimes surprises us with its bounty.  We both work full-time and have minimal time to spend on tending a garden.  We try to grow some annual vegetables but the real secret is in growing trees and perennials.  We have an avocado, peach, fig and several citrus trees.  There are blueberry bushes as well as self sown cherry tomatoes and pumpkins.  The clump of parsley has been in one spot for so long that it has a stalk that looks like the trunk of a tree.

It may seem obvious but it is also important to eat (or preserve) what you grow.  Do not let the harvest go to waste.

Keep your eyes open for food producing plants in your neighbourhood that are not being harvested.  Don’t be afraid to ask if you may have some.  There are many reasons that people do not harvest – lack of time, knowledge or health are but a few.

The last few weeks we have had access to the following (either fresh or frozen) from our own property or nearby – corn, blueberries, avocadoes, mangoes, figs, lemons, beans, pumpkins, and pineapples.  At times I have felt overwhelmed by the excess on the kitchen bench but I have endeavoured to make sure it was used or stored for later use.

Last weekend I kept track of what we ate.

SATURDAY

Breakfast – buckwheat blueberry pancakes

Lunch – platter of cheese, cherry tomatoes, avocado, dried figs and mango chutney

Dinner – Salmon with mango salsa and vegetables – everything came from the garden except the salmon and onion which I used in the salsa.

Dinner
SUNDAY

Breakfast – mango and pineapple smoothie

Smoothie
Lunch – Pumpkin soup

Dinner – grilled chicken with cherry tomatoes and mango/avocado salad

We certainly will never be completely self-sufficient but being able to produce at least some of the food that we eat goes a long way to addressing the myriad of issues that I identified in the first paragraph.  Eating local food also gives you an appreciation for what is in season in your area.  I really look forward to the new crop of things such as figs which have a short season.  We eat them constantly while in season then it is but a distant memory until next year.

You do not need a huge amount of space and even though you could not grow some of the thing that we do in your climate, the reverse is also true.  What do you grow?

 

Foodie Friday – An Introduction

Leave a comment

I have thought long and hard about this post as I did not want to start something that I could not sustain.  A couple of years ago I ran a series of posts called, “Friday Favourites” which featured tried and true recipes.  Some of them were ones that I had loved for many years and these posts continue to be some of the most enduring and popular posts on this blog.

A little over 18 months ago I chose to pursue a gluten-free diet which has proved beneficial for my health.  I tried a separate blog to document my recipes but that has not been maintained.

Dessert
My plan is that each Friday will be a food-related post.  It may be a recipe for anything from a main meal to special occasion treats or about food storage, food preparation or new products.  The focus will be on affordable eating, simple recipes, menu planning and fresh, seasonal produce.  I will add links to the recipes in the ‘Recipe’ tab at the top of the blog.  This will help to find anything mentioned previously.  Please let me know if there is anything in particular that you like me to include.

Dinner

Navigation Nightmare

4 Comments

I am currently trying unravel the complexities of telecommunications services – home home, mobile phone, home and portable internet services.

Home telecommunications
What do we really need?  Are we getting value for money from our current setup?

Budgeting
I don’t believe we are getting the services we need at the best available price so I am reviewing our choices.  I am guilty of delaying this assessment because it just seemed too complicated.  There are different providers all offering different levels of service, bundled options and inclusions/exclusions so trying to work out what suits our needs best can be tricky.

Last night I finally bit the bullet and worked out what we are spending each month.  That was a wake-up call!  $210/month for our landline, 2 mobile phones, home broadband and mobile broadband services.  These are spread across 3 different providers.

My research so far indicates that we should be able to get services we need from a single provider and with some minor changes to the way we use the services we can possibly save $90/month.  That is over $1,000 /year that we have been ‘wasting’.  This is possibly still not the very cheapest but there are other things such as network coverage, service and reliability that are important to us.  It is up to you to work out your priorities but it has definitely been worth making the effort to sort out the best deals for us.

I still need to ring the provider and confirm a couple of details before we go ahead with the new arrangement but so fat it is looking good.

In conjunction with my new plan we are considering buying iPhones. We plan to buy them outright and are looking at the 5C model.  I have never used a ‘smartphone’ and The Duke has had an HTC which he has not used to its full potential.  So, to all of you techno wizards out there, I would love it if you could shed some light on any of the questions below.

What is your monthly data allowance and how do you use it?What is Facetime and how does it work?
iPhone vs Android?  Your experiences and thoughts?
Must have Apps?
Anything else I should keep in mind?

Have you reviewed your telecommunications expenses lately?  What about other expenses like car, utilities or insurances?