April and May were both expensive months for us.
On April 1, I was rear ended, and my car was pronounced totaled. Grr. It took a few weeks for the other driver’s insurance company to accept liability, but they eventually did, thank goodness. In the meantime, we purchased a car. My husband and I differ on our viewpoints of purchasing cars. I felt that although more stressful, it would be better to buy an older, used car that would avoid us accumulating debt. My husband, on the other hand, feels that it’s a better financial move to purchase a car from a dealership that is newer, and less likely to have problems. I guess he’d rather have an expected monthly expense than an irregular unexpected repair. I understand his point of view, and so we did things his way. Now we’ve got a good sized car loan.
In May I went to the local after hours medical clinic for some stomach pain. They sent me to the ER, so I will be getting a bill for that soon, I’m sure. Our insurance co-pay is $200 for any ER visits, which is what I had been trying to avoid. 4 ultrasounds and 6 vials of blood later, we found out that I had two ovarian cysts rupture a week apart, and got the flu in between the two, so that was the reason for the pain. I suppose it’s a good thing I got it checked out, but I’m still ticked about going to the ER, ha ha.
We had a few expected costs that don’t come each month, as well. It was time to renew our daughter’s gymnastic membership, and we had to pay to re-register our older car. Add it all up and we did a lot more spending than usual.
Hubby: $2,358 (full time employment) – this was his take home pay. Our health insurance is deducted before.
Me: $550 (part time employment)
Tithing – $363. We pay 10% of our net income to tithing. It’s a little more than 10% this month because I got paid at the very end of April, and the tithing didn’t come out of my account until May.
Other Charitable– $45
Phone – $79. This is for our 2 smartphones and a regular cell phone for my daughter.
Internet – $51. I’m still loving having decent internet service, even if it does cost more than $15 a month. I’ve decided it’s well worth it!
Utilities (electric, gas, water) – $140
Life and Car Insurance – $104. This will go up in June, as we are now insuring an extra vehicle.
Gymnastics – $180. This will cover the next 3 months. We’ll begin saving now to pay for next semester.
Car payment – $231. Yes, we have a car payment now.
Debt repayment – $698
Our total credit card debt is down to $2,529.22. Last September it was over $9,000, so we’re making headway!
How did you do in May?