My financial year starts with the latest salary day before the Christmas/Holiday Season so that I can see how I have done during the last year and can plan better for the next year during the Holidays break. Hence, I found a chance to look at my records and see how I have done in 2020 financially.
Eating out (by myself): $94; cab ($133); clothes: $132; hobbies: $39 (thanks COVID-19…)
Dining with others/home visits: $720
Junk food: $1,818 (whoops!!)
Cleaning and self-care products: $1,564
Medication/healthcare products: $1,117
House maintenance expenses/furniture: $384
Mortgage, insurance, bills, and bus fare:
TOTAL EXPENSES: $42,364
Increase in net worth (including mortgage paid off, investments, and the funds in the chequing account): $59,163
Overall, not a bad year in terms of the increase in my net worth. I am also happy that I made mortgage pre-payments and continued to invest and save. I am also grateful for having the means to pay for my healthcare related expenses, such as new frames and lenses, and medications. It is also good to notice that thanks to COVID-19 pandemic(!), certain expenses were low this year.
I could save more, certainly. For example, I cannot believe I spent such a large amount for junk food (soft drinks, chocolate, and so on)… It is an ongoing battle to cut junk food from my life. We shall see how it will go this year!!