Historically, February has always been a good month for me, financially speaking. This is the month that I usually receive my tax refunds, the rest of my bonus from the prior year and the month my pay increase goes into effect. 

This month was no different and was actually a better month than the one's prior. 

Here's where the money came in:
Interest: All interest paid on my bank accounts. Not very impressive and I'll be so happy when interest rates go back up on savings accounts. My credit union is currently paying .75% APR on checking and 1.50% APR on my money market account.

Other Income: This category includes rental income and any other miscellaneous income that comes in during the month.

Salary: I received an additional bonus of $500 this month which bumped my salary up a little bit.

Not included in this amount is my Georgia state tax refund of $2489 which went into my rental property savings account since my tenants lease ends in a few months and I'm not sure if she will be renewing the lease.  I want to be sure my rental income is covered in case it takes me a little while to find a new tenant. I also received $500 from a family member towards repayment for a loan I made them last year.

Here's where the money went:

The chart above only shows my top 5 spending categories. 

Mortgage: This is the total mortgage payment on my primary home and my rental property. This amount also includes additional principal payments of $25 to each mortgage. 

Utilities: Normally, my expenses run less than $400 a month but thanks to the cold winter, my gas bill is a but higher than usual.

Loan: This includes payments for my student loan. 

Food: Total amount includes dining out and groceries. My eating habits are weird since I don't usually eat dinner. The majority of the food amount comes from dining out for lunch during the week.

Other: Monthly HOA dues of $173, Misc of $151.33, $50 cash and $18.33 insurance co-payment. 

February Income: $5434.52
February Expenses: $3894.75
Total Amount Saved in February: $1539.80

How'd your budget do in February?


  1. Chris // March 3, 2010 at 11:09 AM  

    Nice month - much better than mine! Do you ignore a lot of the day-to-day spending? What do you use to track your money?

  2. Single Guy Money // March 3, 2010 at 6:22 PM  

    @Chris: I track all of my expenses during the month. I currently use Quicken to manage my money.

  3. The Rat // March 7, 2010 at 1:47 PM  

    Great job tracking your expenses. Seems like you've poked some good change away!

    Nice site.

  4. The Rat // March 7, 2010 at 1:47 PM  

    Great job tracking your expenses. Seems like you've poked some good change away!

    Nice site.