May was another expensive month. Many of the expenses are associated with income. For example, I spent $1,893 on our Airbnb in May. Half of that was for property insurance. Most of the remaining amount was for utilities. Airbnb guests aren't nearly as frugal when it comes to running the air conditioning and using water. Rental expenses of $1,251 include the mortgage on one on the properties and management fees.
Another line item, miscellaneous, wasn't even an expense, but I'll include it to be consistent with how I run the report. I decided to pay off one of my two student loans last month.
I'm happy with how much I spent on everything else except for the Fun category. I spent nearly $6,000 prepaying for flights, hotels, and concert tickets for some of the travel we plan to do later this year. We kick off our "fun" with a week in Costa Rica in July, followed by a quick trip in August to New Orleans for a concert and to Chicago in October for another concert. Then there's China at the end of October. Fortunately, the vast majority of the expenses for these trips has now been paid.
May Expenses: $14,180
$325 Auto (service, gas, insurance, AAA, etc.)
$0 Bank Fees$164 Clothing/ Personal Care
$5,762 Fun (vacations movies, gambling, alcohol, concert tickets)
$474 Food
$506 Health & Dental
$1,377 Household/Mortgage Payment/Home Repair
$0 Interest Expense
$1,795 Miscellaneous (Student loan overpayment)
$400 Taxes includes quarterly tax payments
$0 App Jobs Expenses (tolls, car washes, etc.)
$29 Unreimbursed Employee Expenses
($34) Reimbursed Employee Expenses (income)
$0 App Jobs Expenses (tolls, car washes, etc.)
$29 Unreimbursed Employee Expenses
($34) Reimbursed Employee Expenses (income)
$238 Utilities
$1,251 Rental Property Expenses
$1,893 AirBNB Expenses
$1,251 Rental Property Expenses
$1,893 AirBNB Expenses
