Although I started this blog in August 2015, I thought it would be a good idea to include a few prior-month statements to give an idea of my monthly financial picture before I started this blog.
Total Income: $4455.02
*This amount is atypical, since I received three paycheques in June instead of the usual two.
Total Expenses: –$1852.96
* I recently moved from a two year stint in Calgary back to Québec because of a family related situation. My parent’s have graciously allowed me to live with them until I found a place of my own. Typical rent for a one bedroom apartment in my area is around $500-600/month + utilities.
Investments (Gains / Losses)
Value at the beginning of month: $5812.00
Value at the end of the month: $5669.85
Gain/Loss: -$142.15 (-2.45%)
Total money saved = $2602.06
Percentage of my income saved: 58.41%
Percentage of income earned from passive sources*: 1.01%
Percentage of expenses covered by passive sources*: 2.42%
*Does not take into account unrealized gains/losses.
June was a pretty good month for me, albeit an irregular one. I managed to save more than half of my income; however, instead of investing this money, I used it to pay off my move-related expenses which were on my credit card.
If I recall correctly, the market in June was down, which might explain why my portfolio lost a bit of value. I’m not terribly worried about this and still feel pretty confident about my stock choices. I don’t really like to spend my time following my stocks and am more of a long-time holder. I’m more interested in regular dividends than stock values (to a point).