[ad_1]
Estimated studying time: 13 minutes
Keep updated with CBB’s November 2023 finances replace. Uncover the story of the month’s bills and the information behind them. Get the whole November 2023 finances insights at this time!
I hope you get pleasure from these month-to-month updates, and for those who’d wish to see different information, remark under.
In case you’re new to the weblog and haven’t downloaded my free 2024 Budget Binder, seize it now.
Why Do I Share Our Month-to-month Funds?
I stay up for placing this submit collectively because it lets us see the place our cash was spent.
A finances additionally acts as a diary in your bills so you’ll be able to look again to see success and failure.
In any case, we are able to solely achieve success if we be taught from the errors we make alongside the best way.
Our finances replace additionally lets readers know that we’re NOT excellent and should make adjustments like everybody else.
We use the instruments (Free budget Binder), and I hope you’ve gotten downloaded your free copy.
If there’s any info that you simply’d wish to know or clarify about our finances, please share your feedback under.
Alright, let’s get into this.
Dialogue November 2023 Funds
Benefit from the learn, and as at all times, I admire your variety suggestions and solutions within the remark part.
Percentages For the November 2023 Funds
Seeing our housing ratio drop was glorious as we now have slowed the renovations down, and I’ve to complete the principle lavatory.
I’ve already bought many of the objects wanted for the toilet, so I have to make time to get the job achieved.
Our transportation prices elevated as I spent round $85 further for the month.
Beginning in November, I’ll fill the massive gasoline tanks to have further within the storage.
This has come in useful extra occasions than I can rely throughout winter storms.
Our Life Ratio will enhance on account of Christmas shopping expenses for November and December.
The excellent news is that we now have a bit of the cash saved as projected expenses.
In any other case, we appear balanced and targeted on reaching our yearly monetary targets.
Funds Month Comparability
We had an 8.67% change in whole web revenue for the month, with a lower in bills of 69% in comparison with October.
Renovation bills elevated our October finances, 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 Funds Percentages
Financial savings of 32.45% in November embrace investments and financial savings based mostly on our web revenue.
The housing ratio, as talked about, dropped to 15.11%, below 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 purpose 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 under the month-to-month proportion factors.
Our truck has no mortgage, and solely one in every of us goes to work, making issues cheaper though gasoline costs are growing.
Equally necessary is saving cash for our projected expenses due all year long.
All classes took 100% of our revenue, exhibiting we accounted for all of the income in November 2023.
We now have zero debt, which helps fund different budget categories to maximise investments and financial savings.
Grocery Meals Financial savings Jar November Replace
Quickly, I shall be writing an in depth weblog submit about why we’ll observe our grocery reductions.
Replace: Tracking Our Grocery Discounts For One Year + Free Printable
I’ll tally it on the finish of the 12 months to see how a lot we saved shopping for lowered meals merchandise.
For November, we saved a complete of $69.47.
To date, in 2023, buying discounted meals has saved us $1092.09
That’s Superior!!
November 2023 Funds and Precise Funds
Under are two tables: Our November 2023 Funds and our Precise Funds.
Our November 2023 month-to-month finances represents two adults and a 9-year-old boy.
Funds 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 simplest approach to pay off our debt and save money.
Any such finances is a zero-based budget the place all the cash has a house.
Estimated November 2023 Funds
Precise November 2023 Funds
Canadian Banks, We Use
Breakdown Of Our November 2023 Funds
Under are a few of our variable bills from November, aside from investments.
We spent $1980.48 over finances in November, which I’ll evaluation under.
November 2023 Funds Class Modifications
We mentioned growing our finances classes for birthday, pet, grocery, and telecommunications and determined to do that within the new 12 months.
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 finances classes from November 2023 that have been over finances or want clarification.
Grocery Funds November 2023 Funds
Our month-to-month grocery finances is $900 plus a $25 stockpile finances.
We spent $978.46 or $78.46 over finances 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 finances, as we often wouldn’t purchase objects.
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 enhance within the subsequent month, tally up our numbers for 2023, and resolve what 2024 finances numbers will appear like.
Birthday
The birthday expense in November was for Mrs. CBB’s greatest good friend’s fiftieth present, a large basket crammed with gourmand meals and wine.
She lives in a city with little availability for present supply, and Mrs. CBB didn’t need to ship her a present from Amazon.
Sure, one in every of 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’ll enhance the finances accordingly based mostly 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 wouldn’t have the additional money as we do, it’s important to replace your finances as quickly as attainable.
We didn’t do fallacious for November, spending $206.99, which continues 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 undecided about you, however we by no means buy clothes on the whole worth.
There needs to 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’ll see a rise for this class, as $66 is just not possible with at this time’s costs.
Prescriptions
Our month-to-month prescriptions are holding regular, and for 2024, we can have a class enhance.
In November, our prescriptions totaled $140.41, with my worker advantages protecting 90% of the prices.
Since our final union and wage enhance, we had a big advantages change, which noticed our prescriptions enhance from 80 to 90% protection.
I’m contemplating doing a weblog submit about my advantages package deal to research what our household will get and doesn’t get in comparison with others.
FlashFood App
In November, we picked up six objects from Flashfood, bringing our financial savings to $380 for the 12 months.
If you wish to see what we bought, I can take screenshots. Let me know by replying to this electronic mail or commenting under.
For November 2023, we saved $80.35 by buying meals that was lowered in worth.
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 have to be over $10.
PC Optimum Factors
We obtained an electronic mail from PC Optimum with a 2023 evaluation of our earned factors.
To date, we now have earned 289,785 PC Optimum Factors for the 12 months, lower than typical.
Procuring at Consumers Drug Mart is just not possible for our grocery finances until we discover lowered meals merchandise or store on 20x the factors days.
Most of our factors for 2023 have been earned by buying at Zehrs, which shocked us.
There’s a lot concerned when planning a store at Consumers that I recommend studying my most seen submit about how we earned 4 million PC Optimum Points.
At the moment, we now have 6,713,177 PC Optimum Factors or $6700 that we are able to spend at both Consumers Drug Mart or taking part Loblaws shops.
At the moment, SDM is working a promo the place you get an additional $100 for those who redeem 200,000 factors.
As an alternative 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 just below $10 from October.
We’ll take away the cashback in December to begin recent in January.
A lot 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 under or reply to this electronic mail.
Canadian Tire Triangle Rewards November 2023
Sometimes, 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 Internet 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 Funds.
The ultimate 2023 finances replace shall be posted in January 2024, so keep tuned for that and one other submit with our 12 months 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 budget updates from 2012-current.
Mr. CBB
[ad_2]
Source link
