[ad_1]
Estimated studying time: 13 minutes
Keep updated with CBB’s November 2023 funds replace. Uncover the story of the month’s bills and the information behind them. Get the whole November 2023 funds insights immediately!
I hope you take pleasure in these month-to-month updates, and when you’d wish to see different information, remark beneath.
In case you’re new to the weblog and haven’t downloaded my free 2024 Finances Binder, seize it now.
Why Do I Share Our Month-to-month Finances?
I stay up for placing this publish collectively because it lets us see the place our cash was spent.
A funds additionally acts as a diary on your bills so you possibly can look again to see success and failure.
In any case, we will solely achieve success if we study from the errors we make alongside the best way.
Our funds replace additionally lets readers know that we’re NOT excellent and should make modifications like everybody else.
We use the instruments (Free funds Binder), and I hope you might have downloaded your free copy.
If there’s any data that you simply’d wish to know or clarify about our funds, please share your feedback beneath.
Alright, let’s get into this.
Dialogue November 2023 Finances
Benefit from the learn, and as all the time, I admire your variety suggestions and strategies within the remark part.
Percentages For the November 2023 Finances
Seeing our housing ratio drop was glorious as we now have slowed the renovations down, and I’ve to complete the primary lavatory.
I’ve already bought many of the gadgets wanted for the lavatory, so I need to make time to get the job completed.
Our transportation prices elevated as I spent round $85 additional for the month.
Beginning in November, I’ll fill the massive gasoline tanks to have additional within the storage.
This has come in useful extra instances than I can rely throughout winter storms.
Our Life Ratio will improve as a consequence of Christmas buying bills for November and December.
The excellent news is that we now have a bit of the cash saved as projected bills.
In any other case, we appear balanced and centered on reaching our yearly monetary objectives.
Finances Month Comparability
We had an 8.67% change in whole web earnings for the month, with a lower in bills of 69% in comparison with October.
Renovation bills elevated our October funds, and the share dropped since we didn’t spend a lot in November.
After Christmas, these numbers might ramp-up as I start renovations once more.
November 2023 Family Finances Percentages
Financial savings of 32.45% in November embody investments and financial savings primarily based on our web earnings.
The housing ratio, as talked about, dropped to 15.11%, beneath the 35% threshold.
Our Life Ratio is 38.19%, which is excessive as a result of holidays and my shopping for instruments for my storage workstations.
The software bills goal to finish renovations and repair my truck with out paying charges.
Life incorporates all the things from groceries, leisure, miscellaneous, well being/magnificence, clothes, and many others.
Each housing and transportation keep beneath the month-to-month proportion factors.
Our truck has no mortgage, and solely one among us goes to work, making issues cheaper though gasoline costs are growing.
Equally essential is saving cash for our projected bills due all year long.
All classes took 100% of our earnings, exhibiting we accounted for all of the income in November 2023.
We’ve zero debt, which helps fund different funds classes to maximise investments and financial savings.
Grocery Meals Financial savings Jar November Replace
Quickly, I will probably be writing an in depth weblog publish about why we are going to observe our grocery reductions.
Replace: Monitoring Our Grocery Reductions For One 12 months + Free Printable
I’ll tally it on the finish of the yr to see how a lot we saved shopping for diminished meals merchandise.
For November, we saved a complete of $69.47.
Up to now, in 2023, buying discounted meals has saved us $1092.09
That’s Superior!!
November 2023 Finances and Precise Finances
Under are two tables: Our November 2023 Finances and our Precise Finances.
Our November 2023 month-to-month funds represents two adults and a 9-year-old boy.
Finances Color Key: It’s a projected expense when highlighted in blue.
Since Could 2014, we’ve been mortgage-free, redirecting our cash into investments and residential enchancment initiatives.
Spending lower than we earn and budgeting has been the best method to repay our debt and get monetary savings.
Any such funds is a zero-based funds the place all the cash has a house.
Estimated November 2023 Finances
Precise November 2023 Finances
Canadian Banks, We Use
Breakdown Of Our November 2023 Finances
Under are a few of our variable bills from November, aside from investments.
We spent $1980.48 over funds in November, which I’ll evaluation beneath.
November 2023 Finances Class Modifications
We mentioned growing our funds classes for birthday, pet, grocery, and telecommunications and determined to do that within the new yr.
I nonetheless have to repair the prolonged well being class however I’ve determined to attend till 2024.
Family Payments and Bills
Under is a proof of the funds classes from November 2023 that have been over funds or want clarification.
Grocery Finances November 2023 Finances
Our month-to-month grocery funds is $900 plus a $25 stockpile funds.
We spent $978.46 or $78.46 over funds for November on groceries.
Since Mrs. CBB’s surgical procedure, she has been instructed to let her physique heal and eat sure meals.
This didn’t lower the grocery funds, as we often wouldn’t purchase gadgets.
Since I solely needed to cook dinner, I lived off 50% of salads and tuna and purchased any from Flashfood offers.
We’ll see this improve within the subsequent month, tally up our numbers for 2023, and determine what 2024 funds numbers will appear like.
Birthday
The birthday expense in November was for Mrs. CBB’s finest pal’s fiftieth present, an enormous basket crammed with gourmand meals and wine.
She lives in a city with little availability for present supply, and Mrs. CBB didn’t wish to ship her a present from Amazon.
Sure, one among us has crossed over into the “50” half-century, and it’s NOT me. Ha, Ha!
That’s all of the birthday bills for 2023.
Pet Bills
Beginning in 2024, we are going to improve the funds accordingly primarily based on the bills for 2023.
It made sense to attend solely as a result of we now have the cash for the month-to-month overage; plus, we wished to tally up what 2023 bills have been.
In case you would not have the additional money as we do, it’s important to replace your funds as quickly as potential.
We didn’t do fallacious for November, spending $206.99, which remains to be excessive.
Our cats eat moist and dry meals, and completely different treats are placed on the snack tray.
We bought a snack tray that makes the cats work for his or her treats.
Clothes
Amazon had a deal for cargo pants to suit our son, so we purchased him two pairs.
He’s rising so quick now that we replenish his clothes each few months.
The nice factor is that his shirts, hoodies, and pullover sweaters nonetheless match him.
Mrs. CBB purchased herself a pair of Puma jogging pants on sale.
I’m unsure about you, however we by no means buy clothes on the whole value.
There must be some type of financial savings or incentive. How about you?
Well being And Magnificence
Nothing thrilling occurred on this class, however the place we doc all the things from cleansing provides, toiletries, nutritional vitamins, cologne, deodorant, and many others. You get the image.
I purchased myself a bottle of Sauvage cologne however used Optimum factors to pay for many of the expense.
In the end, it value me $33, which was an enormous financial savings.
2024, we are going to see a rise for this class, as $66 will not be possible with immediately’s costs.
Prescriptions
Our month-to-month prescriptions are holding regular, and for 2024, we may have a class improve.
In November, our prescriptions totaled $140.41, with my worker advantages protecting 90% of the prices.
Since our final union and wage improve, we had a big advantages change, which noticed our prescriptions improve from 80 to 90% protection.
I’m contemplating doing a weblog publish about my advantages bundle to investigate what our household will get and doesn’t get in comparison with others.
FlashFood App
In November, we picked up six gadgets from Flashfood, bringing our financial savings to $380 for the yr.
If you wish to see what we bought, I can take screenshots. Let me know by replying to this electronic mail or commenting beneath.
For November 2023, we saved $80.35 by buying meals that was diminished in value.
Additionally, we obtained free meals from the Flashfood app utilizing rewards factors that I don’t calculate into our grocery bills.
Each one that indicators up will get a $5 credit score, a freebie provided by Flashfood for brand spanking new app prospects.
Use my referral code, MOCD28ZN4, to get the $5 credit score, and your first buy should be over $10.
PC Optimum Factors
We obtained an electronic mail from PC Optimum with a 2023 evaluation of our earned factors.
Up to now, we now have earned 289,785 PC Optimum Factors for the yr, lower than ordinary.
Purchasing at Consumers Drug Mart will not be possible for our grocery funds except we discover diminished meals merchandise or store on 20x the factors days.
Most of our factors for 2023 have been earned by buying at Zehrs, which stunned us.
There’s a lot concerned when planning a store at Consumers that I recommend studying my most considered publish about how we earned 4 million PC Optimum Factors.
Presently, we now have 6,713,177 PC Optimum Factors or $6700 that we will spend at both Consumers Drug Mart or taking part Loblaws shops.
Presently, SDM is working a promo the place you get an additional $100 when you redeem 200,000 factors.
As a substitute of $200, we’d get $300 for each 200,000 we redeem, making our factors redemptions very profitable.
TD Visa Money Again Quantity
Our TD Visa has a cashback steadiness of $379.89, a rise of slightly below $10 from October.
We’ll take away the cashback in December to start out contemporary in January.
Many of the bills on this card are for something we buy on-line, together with PayPal and Amazon Canada.
Query: What bank card do you utilize primarily for on-line purchases?
Remark beneath or reply to this electronic mail.
Canadian Tire Triangle Rewards November 2023
Usually, my bills are placed on my Canadian Tire MasterCard aside from Costco CIBC MasterCard for gasoline and groceries and PC World Elite MasterCard for groceries.
I’ve made a number of purchases at Canadian Tire in the previous few months, and my steadiness of $801.32 is from these bills.
We additionally solely store on 20x or 30x the Triangle Rewards days!
November 2023 CBB Web Value Replace
The funding portfolios elevated in November by $47,714.92 or +3.19%.
Till Subsequent Time!
That’s all for our November 2023 Month-to-month Finances.
The ultimate 2023 funds replace will probably be posted in January 2024, so keep tuned for that and one other publish with our yr at a look.
If there’s one thing you’d wish to see in our month-to-month replace, hit reply to this electronic mail and let me know.
Thanks for stopping by, and please subscribe if you’re new to CBB.
Learn our funds updates from 2012-current.
Mr. CBB
[ad_2]
Source link
