My Money Diary – Jun 2020 – Reading Nook and Pokemon Go

Subscribe to my monthly newsletter here or follow me on Twitter so you don’t miss any Money Diary post!

As this is my first entry for the new Money Diary series, I don’t have a recap for last month. I included my budget for June below and will also talk about the Fixed Expense categories this month. Since they won’t change much month-after-month after, I will only highlight changes in the future.

Money Diary for the Month

Since I have just started my money diary, I don’t have any entries to share yet. However, as mentioned in my introduction post for the series, I will be sharing the most eventful week of the month here every month in addition to my budget recap.

Budget for June 2020

Expense Categories (Fixed)

🏡 Housing Costs – Principal – all costs related to the condo we live in and this expense is expected to remain steady until our AGM in the summer where they might increase our strata fee; property tax payment for 2020 is also included in this month’s hence the number is higher than usual
🏠 Housing Costs – Investment – all costs related to the condo we rent out; also included property tax payment for 2020 hence the higher amount
🚗 Car Payment – lease payment for our only car plus insurance; the amount is expected to remain steady (insurance is up for renewal in the Summer but it will be a minor change) until we switch to a new car in early 2021 (when my dream car is released)
📺 Netflix – our only recurring entertainment cost other than our phone bill and internet
💡 Utilities – phone bills for Eric’s mom and ourselves and internet (locked into a 2-year contract)

Expense Categories (Variable)

🎤 Entertainment – I resumed playing Pokemon Go a month or so ago and have been going out a couple of evenings per week to play; like many other games, Pokemon Go has in-app purchases so the budget is for both Eric, myself and his alternate toon (Hugo!!)
🥩 Groceries – I expect to grocery shop 3 to 4 times this month (compared to every 2 weeks for the first 2 months since COVID)
🏡 Home & Furniture – I have been wanting a “reading nook” area and decided the office will be the perfect spot; since the office will also function as a guest room when we have guest over, a daybed is what we are looking for
🎓 Learning & Development – I stopped buying books and started relying on the library few years ago but since Eric started reading this year, I thought I will resume buying books occasionally (libraries will still be my go-to when they re-open); first one will be The Ride of a Life Time by Robert Iger (former CEO of Disney)
🥡 Restaurants & Take-Outs – we have been ordering take-outs 2 to 3 times a week and expect this month to be the same
🚌 Transportation – without the work commute, we only have to gas up once a month so this is for one tank of gas