January month was not that bad to be honest. Looking at the figures, I made a profit of one dollar. Ha-ha. That is very weak actually. At least I didn’t go into a loss. Well, all these figures I’m about to show you was done on Sunday, the 29th of January. Since then I spent some cash on taxi and lunch but I only do my books on a Sunday.
I don’t want to bore my readers with too much detail. I’m just going to look at the big expenses for the month (not rent). I didn’t do a budget for January because I lost my phone with my data, but I will be doing a post on my February budget, based on January’s reports and last year February’s reports. I’m looking forward to that post.
Repairs and maintenance
January I got hit with repairs. The one I am not proud of, which was trying to take a selfie in the pool. Not one of my proudest moments. I ordered a new LCD screen from China. Should arrive here in March and then I have another repair bill on my hands cause I have to take the phone to a repair shop with the newly acquired screen for them to replace.
The other repair that I paid for this month was the repair of our toilet. We are renting, so I should’ve just called the body corporate people and asked them to fix it, but they are so strict that my wife and I thought it would probably be cheaper to just fix it ourselves.
I felt like a real man when I fixed the toilet. It wasn’t really that hard, but still, I did it. I come from a home where my dad hardly fixed anything around the house. The lack of repairs and maintenance around the house is one of my sister and I’s favorite topics of conversation. It’s one of the only things we can talk about.
My wife is in charge of the food budget. That’s why it’s so low on my income statement. Everything to do with the car and food in the house is her responsibility. I do however buy something here and there when it’s required. I’m still not very happy with how high the food expense is, but it’s been worse (I will have more in-depth analysis on my food expense in a later post).
I am very happy with how low my snack expense is because it’s usually around N$200 every month. I work in a wholesale shop, so it’s easy for me to just walk into the store and buy me some snacks if I still feel a little hungry. My only goal for the year is to lose 25 kilograms this year, so I have to keep this expense as close to zero as possible. So far, so good.
Take-out is another culprit that needs hands-on management. My wife and I always buy take-out on a Friday because that’s what we are used to. Ever since we dated, Friday was take-out night/movie night. We don’t want to wash any dishes. We just want to chuck everything in the trash. It’s the end of a very long week, who still wants to spend their Friday evenings washing dishes.
Vacation and Donations
My lunch hour is almost over and I want to finish off this post now, so I will combine these two under one subheading.
Vacation expenses is an interesting one. My net-worth will take a huge nose dive after February month because my wife and I are planning to go to Cape Town, South Africa. Most of the money showing in my savings is for our vacation. So I won’t look that rich anymore. Not that I am rich at all, but it will be sad to look at my balance sheet when we return.
The money spent on vacation in January was for our camping trip, which lead me to breaking my phone (I don’t think I will forgive myself until it’s fixed).
Donations is way too high for my liking. This is another expense that my wife should be paying. I contributed the monthly church donation this month which she usually does. Other donations are for things such as sending money to my dad’s poker account because he doesn’t have a credit card (he never pays me back and I never ask for the money back) and then I’d donate some money to beggars in front of stores and so on. Still, I’d like it to be lower next month.
Well that’s it. Time is running out. Quick word on the balance sheet. My credit card is at zero. YAY! Sterns is a clothing store and I have an account there. This would’ve been at zero at the end of last year but my dad didn’t have money to buy my sister a birthday gift, so he asked me to charge it to my account and he would pay me back in installments. I haven’t listed my dad as debtor because I can’t bring myself to ask him for the money back. So I’m just paying off the account on my own. Hopefully he won’t ask again, and hopefully I can say no if he asks again. My dad also gives me a lot, that’s why I can just write off these expenses without thinking twice.
I also haven’t listed all my fixed assets yet. I’ll be selling one of my laptops and buying a 2-in-1 laptop/tablet. Hopefully I’ll get it after work today
Final note, transfer account is just money going from me to my wife and vice versa. I’ll write it off to the income statement at the end of the year or the end of every quarter to at least straight-line it a little.
That was a very long post and my lunch hour ended 14 minutes ago.
Thanks for reading. Until next time.
Well, that isn’t entirely true. I did set myself some goals but I haven’t written them down anywhere. Usually I would’ve made a note on Evernote by now, but I’ve just decided against it this year.
I won’t lie, it’s nice going back to my old goals I’ve set and then start ticking them off one by one. The problem is I don’t look at my goals enough to keep reminding me what I’m supposed do. I lose touch of my goals and become uninterested in them.
This year I’ve decided, mentally, that I want to lose 25 kilograms (55 lbs) this year because I was at 115 kilograms (224 lbs) at the start of the year and for my length, I should weigh 90 kilograms to get my BMI to healthy. So far I’ve lost 6 kilograms. That’s 24% of my goal reached by end of January already.
Only thing I’ve changed was drinking lots of water, cutting down on the snacks and waking up at 6 AM to skip before I go to work. I usually do 500 skips in 4 sessions (2x 100 & 2x 150). Once I notice that my weight loss rate is slowing down, I’ll start adding more. The thing is, I think I only skipped 5 times the entire month. Also, when I get on the scale, one day it’s 115 kilograms, the next day its 110 kilograms. So I’m not sure how true my body mass is actually. Maybe it’s time to invest in a proper scale.
That’s the only goal I’ve set for myself really. Nothing about finances, nothing about school (obviously I want to pass everything, that goes without saying), about my career and nothing about blogging or family or anything like that. The main focus is just to get healthier and fitter. If I get to the end of this year and I still feel fat and unhappy with my body, 2017 would be a big, big failure.
I just hate the feeling of going to the store, trying on some clothes and nothing fits. I want to walk out immediately. I don’t even care that I have stretch marks all over. I don’t really care how my man boobs hang when I sit down shirtless at home. Only thing I care about is going to the store, trying on a pair of jeans and walking out of that store happy. That’s it. That’s all I want for now.
Of course it will change once I start hitting goals, feeling healthier, wake up with more energy and happier. I’ll want more. Much more. I’ll want to lose the man boobs and the flab of fat around my waist. I’d like to have a six-pack for once in my life (ironically my wife isn’t that into rock hard abs and muscly guys – not sure if she’s just saying that to make me feel better). I want to be able to run a marathon one day (a short one).
I hope I do it. I hope I do it early as well so I can go and reach greater heights.
That’s it for now. Thank you for reading. Cheers.