January 17 Financial Review

January 2017 Tracking Report

Alrighty so here we are at tracking report numero dos: January 2017


I am excited to start off my first full calendar year of tracking. This is a pretty solid month to aspire to in regards to spending, Income not so much. Things were relatively quiet in regards to plans and going out, which allowed me the opportunity to not spend an ungodly amount drinking. That will likely change as the winter thaws. It amuses me to think how not 12 months ago I hated the thought of tracking due to my dislike of YNAB and now I cannot live without it. It helps calm me. Zen time.



Bills – $2,258

The always fun credit card bills. Pretty standard here after paying off most all debt last month. The main big items here are $500 each for rent and student loans, and a further $400 for a half year of car insurance. I use my vehicle so infrequently that this is somewhat of a waste, but at $800 a year, I value the freedom that the car enables much more highly than the missing money. This is likely a silly stance, but I rationalize by saying that this is pretty much the lowest car insurance I have ever heard of for someone with my demographic profile. The car has been sitting on bricks at my father’s house, and will do so for the foreseeable future. Considering that’s the biggest bill for transit I will have for some time – I will survive.


Business – $45

A very unique interesting month due to stresses at work and the seasons. I have not had the time I was hoping to have to devote to my own independent projects, so hopefully this category will increase in time. For January this just covers snow gear for my rental property. Multiple snow shovels and ice melt right before flurries, gives piece of mind and a moderate tax deduction.


Eating Out – $178

This category saw some moderate reduction this month. I did not go absolutely crazy, but I focused on maximizing the benefits my company gives me. I managed to use the $20 a week budget they give and stretched it over three days instead of the typical two. With that I got one further day a week with free lunch. I pay nothing for breakfast, and now with 3 lunches a week covered, I should be able to push this number down even more.


Gifts – $400

The last of 2016’s weddings. I keep hearing that I will get all this money back when I get married, but considering I plan to have a destination or something unusual that will be unlikely.  The wedding was a blast and I value this friendship for the future, but I hope this year isn’t as hectic as the last. With 5 weddings in 2016 – it started to become an all too common line item on my budgeting. And a large one at that.


Groceries – $150

Standard delivery groceries worked out well. Unfortunately the same cannot be said of February. I have had a couple of SNAFU’s in regards to my groceries this month that makes me dream about January’s ease.


Health – $55

Gym and cold

Standard gym and some minor cold medicine.


Home – $244

I was a good tenant this month. Our poor person penthouse is fantastic, with kind neighbors and a clean building. Our landlord is entirely absent however. We received a somewhat nasty text message in which the water bill for the whole building was through the roof and had we been letting things leak. After some searching I found that while there was no major leaks, the toilets parts were corroded to the point in which water could at times continually run. After waiting for a few weeks, I could not handle it anymore and bought and fixed everything but the porcelain itself. $50 gone, and no landlord in sight. I do not mind eating the cost as I expect we will be able to avoid a minority stressful visit from him, whenever he does manage to remember us.


Snacks – $47

I managed to control my snacking this month. Hopefully I can eventually segue this entire budget into groceries safely.


Transit – $104

I wanted to let my pre tax transit card fill up a bit, so this month I covered bus fare for the most part. Never too expensive, the commute is one of the best parts of our living arrangement. For New Year’s Eve we did some light numbering to get a free ride with some friends out to the boonies of NJ.

2 people commute and Nye etc


Vice – $150

Drinking friends bday. Networking. Thrown out

Drinking and partying was relatively light this month. One of my friends had a birthday, he is the oldest and closest to thirty so we all tend to get slightly inebriated as the bellwether of age for all of us.

Thoroughly enjoyed myself up until I got kicked out of the bar. I had been drinking for some time so I can hardly blame them, but I was in complete control and mainly just insulted the waiter a few times for bad service. Eh what can ya do. I wanted to leave anyway at that time


Total spend


Payday – $2448

And this will go down as my worst commission month in 3 years or more. December just did not go my way at all. I know it comes with the sales territory, but it certainly stings. Thankfully I had cleared most of my bills and cut spending right in time. This sort of lull in sales has never bothered me to much, one has to hope that it is temporary and forge on. It helps to have things tracked to see these sort of fluctuations in order to make more educated decisions.


Invest – $800

Standard auto savings I managed to survive. With small paychecks there is some lagtime so I may need to halt these partially next month.


401k – $700

Not bad. Not good but not bad.


ESPP – $750

I love this program so much. Next month in March is my bi annual sell off in which I get a smooth deposit of hidden savings every so often. Always right into the brokerage account far away from my spending.


HSA – $241

Finally! I have wanted one for some time and finally transitioned to an HSA. I do not like going to doctors generally, so I am going to hope that I can avoid anything but the annual checkup for a full year in order to get the full $3k plus in there to start growing. All these pre tax deductions devour the paycheck!


Assets and Liabilities



Cash – $980 + $2500


401k – $59,000


IRA’s – $21,000


Brokerage – $201,000


RSU’s – $21,000


Rental – $36,600


Car – $6,900


Total – $350,000




Mortgage – $0


Student loans – $4,000


Chase – $770


AMEX – $135


Total – $4,900


NW – $345,000


Change – +$9,000


December 2016 Tracking

December 2016 Tracking Report

I wanted to put together a Net Worth Tracking report but did not really know the best process or layout. Then I remembered that there is a difference between knowing the path and walking the path, so I was excited to start with the most basic layout possible. It will be great to see how these reports evolve along with (hopefully) my financial knowledge.


December was an interesting month in a lot of ways. I have only been tracking my financials for a few short months as I got pushed into fiscal overdrive mode by credit card debt in attached to a company education reimbursement. I just do not do well with any debt, and it all just seemed to spiral and caused me to feel very hectic. Even though it was good debt for education that was getting reimbursed tax free, I just did not have a solid enough picture of my finances that it just caused undue stress. In December there was the personal victory of finally getting the reimbursement and clearing the debt on the final day of the year, but also the failure of one of the most abysmal months at work commission wise. I was not sure I wanted this to be my first month, but I thought that it would be a fun view into a spendy New York City month to compare to No Spend January 17 next!




Bills – $5,007

Starting off with the painful stuff first. Finally was able to pay off the course I had on my credit card for the past three months as my reimbursement came through. This gets my debt back down to a level that I can understand and more easily track without getting stuck in the weeds.


Birthday – $395

I celebrated my 28th birthday this past month and it was a blast. It was pretty lavish as my girlfriend got us a helicopter tour of NYC that had some hidden fees and eating at the best vegan place in town with my family is always a good way to celebrate. I generally never celebrate my birthday so this is an acceptable splurge. If you get the chance – Helicopter NYC – you won’t regret it.


Eating Out: $285

Any food not cooked at home goes here. My company actually covers a few breakfast staples and lunches twice a week. I do spend and eat out the rest of the time because I feel ahead. This is one budget that needs to be slashed in the coming year. I love NYC food, but this is of the same boring meals each day. Not bringing me optimal happiness so it must go.


Groceries – $158

I never fault myself a large grocery bill because it’s the cheapest route you can go. I had a lot left over from the previous month and we ate with our families for most of the holiday week, so this will likely go up next year. I would rather overspend on groceries any day as the alternative is ordering overpriced delivery. This is a category I hope to increase in the coming year as it would make other categories like snacks and eating out shrink!


Gifts – $1,100

The bane of my year. I had 5 weddings this year and had to travel to most of them. Between accommodations, gifts, clothes, peripheral events- I likely spent $6-7,000 on weddings this past year. I have five more weddings this year and I expect to gal my way through them as cheaply as possible. Christmas was somewhat light this year as I manage to convince more and more of my family to do no gifts. No gifts still was roughly ten gifts and it caused me no end of stress. I am going to aim to get my presents online by the final week of November this upcoming year to spare myself.


Health – $470

Another oversized category for this month- I had a long delayed doctors appointment to get my foot fixed. I have some of the flattest feet you have ever seen, and this was only recently fixed with a pair of $350 Orthotic custom insoles. The difference is so night and day I would have paid triple to have been smart enough to do it even a few months earlier. Prior to these insoles I was hobbling around like an old man at age 27. Other costs included protein and pre-workout for the gym. Buying bulk orders of Pre-workout allows this to not be that regular of a purchase and still gives me the juice I need to pump some iron after working 12 hour days.


Business – $72

Small monthly costs associated with running test advertising campaigns and websites. I fully expect this to ramp up to be a large monthly expense as I become more comfortable and spend more time with my system.


Entertainment – $30

In a month of spending on others, I did buy myself one. Overwatch is one of the more popular first person shooters out these days, and it was recommended to me by a friend who recently got back into gaming. As a way to reconnect, I bought this during its Christmas sale even though I have plenty of games already. Worth it purely for the camaraderie of playing with old friends, the game itself is pretty meh.


Home – $87

This will need to be organized better in the future but this category currently covers an extravagant dry cleaners session in which I cleaned every suit I own to look fresh in the new year. More importantly this is where we budget the feed for the two starving Philadelphia street cats that keep me awake at all hours of the night.


Invest – $831

I have two auto transfers set direct into my money market account along with 4 auto transfers into cash savings. I have been doing the cash transfers for years, I swear by Capital One 360. For vanguard drafts though, this is a relatively new system and I can’t accurately gauge how much I like it. The way I do mass manual transfers conflicts with this at times. It may be a method that just doesn’t jive well with variable pay. I set this up for months with minimal earning as it mandates saving and figuring life out after paying myself.


Snacks – $88

This is a category I absolutely detest. My girlfriend and I have a large appetite for non-meal goodies. I can cook till we look like hippos – we will still be craving plantain chips and candy at 11 pm. The saving grace is that most times I’m buying snacks is times where the alternate possibility would be us going out and spending ten times the amount at a bar. I have supported way too many deli’s with this category over the past few years, 2017 is the end of it.


Transit – $198

I did the math poorly on my transit card for the year as generally my commutes are covered out of my paycheck on a pre-tax basis for some minor savings. Instead I had to Credit Card them for the month and technically get it all for free with the Chase Sapphire Reserve ravel credit. I cover most commuting costs for myself and my girlfriend happily; at my previous job I used to drive 90 miles each way in a gas guzzling Ford Explorer. Anything less costly is a win in my book. I used Uber this month generally only to get to and from my car parked in a nearby town with better street parking. I used the Charger sparingly and did not need to fill up. It has been stored at my fathers for the foreseeable future.


Vice – $735

December and the holidays in general is a difficult time for partying. Living in NYC and paying for drinks for two tends to put a decent dent in this category each month. I do feel very fortunate to be in the position I currently am, so instead of giving to charity I will often take care of friends and pay when we go out for a night. The kind deed is often reciprocated but this may be something that can be pared back. Partying New Years Eve away at 100$ a ticket doesn’t help either!


Total Spend – $3,544


Payday – $10,081

Between commission, hourly, and tuition reimbursement I made roughly 10k. Reasonable end of the year as it pushed me to a career high and allowed me to clear out my Credit Card debt with  a few hours left on the clock.



I had previously maxed this out in November and as such said goodbye to my 401k till the new year. Unfortunately my provider has since switched to two step verification. Good for security – bad for Mint and Personal Capital. I guess we are going back to the days of manual tracking once a month.



15% Net Pay – $600

I have a very generous employee stock purchase program in which I can put up to 15% of my net pay. Every six months they purchase company shares at a 15% discount and I immediately sell off. While I was lucky to see an IPO on my first startup, the stock has taken a beating since and I already am over exposed by having most of my income solely from this one company. So while others have mistakenly held each time, I have sold and reaped the benefits, while relying on strong yearly performance to earn bonuses gifted in slowly vesting RSU’s and shares.


Assets and Liabilities Breakdown



Cash – $1,740+$2,485 Emergency Fund

401k = $57,500

IRAs= $20,700

Vanguard $195,000

Company Stock and RSU – $20,100

Rental Property – $36,400

Car – $7,000


Total – $341,000



Mortgage – None

Student Loans – $4,500

Car Loan – Done

Chase –  $511

Amex – $126


Total – $5,137


NW – $336,000


$11,000 + from previous tracked month


All in all a pretty good month thanks in no small part to the Trump Bull run going on in the market. Spending was pretty lavish across the board and this gives me a good comparison report to hopefully look back and grin at!

Much of my savings is thanks in large part to auto transfers prior to even receiving my paycheck. At work people cannot fathom how I manage to put so much money away and when I explain the simplicity they deem it impossible for them, even though I am proof. In 2016 I put 12% of gross into 401k and 15% of the net after that towards my ESPP. Once I received my payday I lived off as little as possible and threw every spare dime into the brokerage that I could. So while it was possibly painful to live below my means, I didn’t notice it too much.