October was quite a busy month. Sorry for the late posting but work has been quite hectic.
This month i was again for a full week working in Munich the good thing was that Mrs.Firecracker joined me in the middle of the working week. We used a voucher she had from TAP (The trip ended up only costing 100€ back and forth) and she stayed with me, thus no Hotel costs until we actually started our vacation.
We stayed in the Bavaria region, went all the way until Bayreuth (Wagners town), Nuremberg and then using the Romantische Strasse road which goes all the way south through some really nice medieval villages up to the Neuschwanstein castle next to the Austrian border!
Germany was quite lovely in this time of the year. We used afterwords the Alpen road to drive until Salzburg. It was a different Halloween i would say. The black forest can get really foggy.
As any other vacation this also had a cost in our budget (~900€) but luckily we saved quite a bit with the voucher. On the side of the extra expenses we had 440€ for roof repairs in the building we live in. The roof is in very poor conditions and the guy doing the repairs is on a trial since if this goes well he will be also doing the facade of the building.
I don’t know if i mentioned this but our facade is in poor condition and currently almost feels like we are going to have a hole in our wall everytime it rains. Lets hope he can start the work asap and solve this. Construction labor is rea lly lacking in Lisbon right now. Work ethics is bad, they dont return phone calls, when they do they will anwser they are busy and that YOU should try to get in contact in them maybe in a couple of weeks.
But enought with the talking, lets go to the numbers, here goes our October monthly update ! We will be focusing on the operational part. Income vs Expenses vs Savings rate.
Income
Salaries: 3 733.84 €
Expenses
Housing
- Mortgages: 1 101.26 €
- Insurance, Condominium, etc: 49.74 €
- Utilities (Water, Lights, Gas, Internet, Phones): 122.07 €
- Total Housing: 1 273.07 €
Cars
- Fuel: 57.39 € (No need to use car when i’m travelling 🙂 )
- Maintenance: 55.41€
- Insurances: 129.55 €
- Transportation (parking, tolls): 30.90 €
- Total Cars: 273.25 €
Health & Personal items
- Consultations & Exams: -18.96 € (Reimbursement of last months expenses and other normal expenses for this month)
- Clothing: 12 € (i’ve bought several shirts for work and we had a wedding)
- Total Health: -6.96 €
Food
- Grosseries: 272.52 €
- Eating-out: 294.70 € (Damn..still over our 200€ budget)
- Total Food: 567.22 €
Misc
- Home repairs: 440 €
- Vacation: 965.84 €
- Others: 9.20 €
- Total Misc: 1426.03 €
Total Spent: 3549.11 €
Budget for the Month: 2 685.78 €
Savings Rate
SR = ((Income – Expenses) / Income ) x 100 = ((3 733.84 – 3 549.11) / 3 733.84 ) x 100 = 0.05 % or 184.73 €
Our Networth still keeps on growing (you will be able to check on my next post) but we are still quite a bit above our monthly budget.
Next Steps
We will sign the final contract to sell our Rental property. Only Vodafone remains to be cancelled. This will be another fight. Lets see. Some expenses my occurs from this.
Hopefully we will get all the renovations needed in our building and also our apartment.
Want to see how our Networth is going? Check here