August Spending

August.

Oh monkey it’s basically September!

First whole month at med school, let’s see how my money went:

  Aug predicted Aug Actual Difference Reason
         
Rent 480 293.75 186.25  
Utilities 140 0 140  
transportation 60 350 -290 car rental and gas, car2go for groceries
phone 40 40 0  
groceries/personal care 300 83 217  
restaurant 50 34.73 15.27  
clothes 0 62.99 -62.99  
gifts 0 36.74 -36.74  
alcohol 50 48.68 1.5  
entertainment 50 193 -143 25 for canoe, 80 for formal tickets, 60 cash
bank fees 15 15 0  
savings 0 0 0  
debt repayment 0 339.67 -339.67 clerical error, loan interest
retirement 0 0    
education 0 248.24 -248.24 practise license and app
Income 0      
Spent 1185 1745.8 -560.62  
Line   39.5    
Difference -1185 -1706.3   student loan/grant
  personal savings rate:      

 
Okay so way better than July right???

And I only added $39.5 to my credit line this month! Little victories folks.

I was over budget, but half wasn’t even my fault!

Over Budget

Transportation: car2go is my life now, so I’ll have to figure out something soon. Just got a free bus pass so that might help??

Clothes: While I didn’t actually buy any clothes, which was my (unwritten) goal, I did buy a nice watch. (Read: my first watch ever that I didn’t use exclusively for track splits)

Gifts: Bought Cards against Humanity! Worth it. 

Entertainment: I did buy tickets to an event I didn’t even go to, so that pretty much put me over for no reason. That’s some solid finances right?

Debt repayment: This is the part that kinda sort isn’t my fault! I’m back in school and so wasn’t supposed to have to make OSAP payments but the paperwork didn’t go through so I had to make one more $300 payment in August. Yes I paid a loan from another loan. Yes I’m a finance superstar.

School: I don’t think this really counts as over-budget or not because I did need to pay for a practice license to be able to actually do part of my school and I got a cool studying app on my phone. So responsible :)

Net worth Change:

Hahaha, certainly don’t want to do these so much anymore. . .

Current Net Worth: -31432.63!

Less barf this month. I did get a big student loan in so I’m planning on counting on what I’ve spent out of it so far instead of the full amount

Goal Progress:

Financial Goals

1. Stay on budget for life expenses.

Well I didn’t totally stay on budget, but I’m going to give myself a solid B for effort.

2. Continue to track my spending.

Heck yes! I love tracking and even though sometimes I feel like I don’t have time it’s probably like 2 mins worth of work a day.

How was your month?

Check in with August Goals

August is almost over and my brain is starting to hurt from school, so let’s see how my goals went this month!

Financial Goals

1. Stay on budget

I haven’t totally finished the crunching, but I know it’s off already because I had to make a payment to my previous student loan ($300) that I wasn’t planning on.

2. Keep on tracking my spending.

Heck yes! I love to track my spending aka my debt racking up.

3. No shopping for all of August.

Well almost done. I didn’t buy any clothes (which is what I meant, of course. . . .) but I did buy a nice watch that I sort of need for school. It didn’t need to be $60 and fashionable, but hey, it is and it works.

 

Personal Goals

1. Keep running 4-5 x a week.

Heck yes! I’m slowly getting used to the 11-13 hr days of class and studying, but running is not going anywhere. I even have nerdy medical podcasts to listen to.

2. Attend three school social events.

I think I did this too, so woo!

3. Bring food to school every day and don’t buy anything at the cafeteria!

Again, a big almost. I didn’t buy any meals, all I bought all month was a large chocolate milk for $2.80 and a coffee I didn’t even drink for $1.80. So. . . . like 90% done?

How was your August???

The day I talked about sex on the radio

Or when Gail Vaz Oxlade and I became best friends. And I received a ‘porn star’ name.

On Aug 18th I had the very cool opportunity to chat with Gail Vaz Oxlade about my life working in sexual health.

Check it out here: http://www.newstalk1010.com/shows/gailvazoxlade.aspx Aug 18th- my interview starts at the 13 min mark.

Haven’t yet chatted with my parents (or grandparents) about this interview-so I hope that went over well!

Also so glad that this was a radio show and not live TV because my eyes may or may not have bugged out when she told me about her oral sex rules.

Also- who knew I could say Gail Vax Oxlade and oral sex in the same sentence.

 

Musings on birth control packaging

A little while ago I was talking with a friend and realized that among Yasmin, Ella, Lola, Chaya, Jadelle, Yaz, I wasn’t sure if I was speaking about my other female friends or various types of birth control.

For the sake of this not turning into a bad observational humor piece, I realize that a majority of birth control products do have very non-human names and potentially are very hard to differentiate (Ortho-cyclen vs. Tri-cyclen for example).

But how many condoms or even erectile dysfunction drugs are have male-sounding names? Would you ever see a condom called Fred? Chad? or even the perfect condom brand, Dick?

I’m very curious about the reasoning behind these advertising and packaging choices. I’m lucky (or unlucky) enough to not yet have a birth control or women’s health medicine named after me, even though I have a very common white name.

Is there a reason they choose women’s names? Names that are less common in English-speaking North America?

To the lady-folks out there, do female-name branded medicines seem more accessible or memorable to you or just strange to be consuming a pill named after your classmate?

 

August Monthly Goals

Financial Goals

1. Stay on budget

2. Keep on tracking my spending.

3. No shopping for all of August.

 

Personal Goals

1. Keep running 4-5 x a week.

2. Attend three school social events.

3. Bring food to school every day and don’t buy anything at the cafeteria!

 

For anyone who has returned to school after working, what are some good things to keep in mind? Or for you Dolly Partons what are your plans for August??

August Monthly Budget

Back to school, back on blogging and back on my budget! (Right?? Right.)

Here is my goal budget for August. Full time school and studying so hopefully less boredom shopping.

  Aug predicted Aug Actual Difference Reason
         
Rent 480    
Utilities 140      
transportation 60    
phone 40      
groceries/personal care 300    
restaurant 50      
clothes 0      
gifts 0      
alcohol 50      
entertainment 50  
bank fees 15      
savings 0      
debt repayment 0      
retirement 0      
education 0      
Income 0      
Spent 1185    
Line        
Difference -1185    
  personal savings rate:      

July Spending

July!

I know I missed a whole month for the sake of progress I’m going to just pick up where I left off and give you my hilariously terrible monthly budget for July.

  July predicted July Actual Difference Reason
         
Rent 0 0    
Utilities 140 0    
transportation 60 484.35 -424.35 change license address, three rental cars
phone 40 37 3  
groceries/personal care 300 342.41 -42.41 garage sale stuff
restaurant 50 268.85 -218.85  
clothes 0 289.01 -289.01 consignment store
gifts 0 8200 -8200
alcohol 50 104.62 -54.62  
entertainment 50 251.25 -201.25 canoeing membership , movie, cultural festivals
bank fees 15 16.5 -1.5  
savings 0 1223    
debt repayment 300 309.23    
retirement 0      
education   8368.98   desk chair, police check, printer, paper, ink, fall tuition, lab coat, steth, thank you cards, mini notepads, membership fees, clicker
Income 0 24884.21   1200 from planned savings, 15557.78 from line, 134 from gst, 1350 from old damage deposit, 4910 AB student loans
Spent 1005 19895.2 4337.42  
Line   15557.78    
Difference -1005 4989.01    
  personal savings rate:      

 

So basically this is what happens when you aren’t working for the month and you decide to reward yourself at every turn because ‘well you did just get into medical school.’

It’s quite hilarious to me how fast I can just poop my pants financially. I did give a good amount of money to my family, but I won’t get into this here. Regardless, that is only half of the cause of this crazy month. Hopefully August will be better!!!

 

For sake of understanding, I do not have an income, but I’m putting down the money I take out of my credit line as ‘income’. Yes, that’s a weird thing to do. But I’m also keeping score of how much I actually spend from credit and it will be a new feature on my budgets. I also plan to update my quarterlies with debt totals just for total transparency.

Over Budget

Transportation: Changed my license and rented a car three times for all the fun. 

Grocery/personal care: got some cool things at a garage sale.

Gifts: Yep, over budget. That’s all she wrote about that :)

Alcohol: You can see a trend here of ‘all the fun’ right?

Entertainment: See above. 

Clothes: Yes I spent a good amount of money, but I got it all at an amazing consignment store so I regret nothing. I got a Michael Kors dress for $33! And running tights for $7!

Net worth Change:

Hahaha, certainly don’t want to do these so much anymore. . .

Current Net Worth: -30507.78!

Barf.

Goal Progress:

Financial Goals

1. Stay on budget for life expenses.

Bahahaha, absolutely not.

2. Continue to track my spending.

I’m glad that yes, I did do this. I’m going to face the music of my terrible decisions. :)

How was your month?