July was an expensive month for the Gentleman’s Family Finances. A large credit card bill, an expensive wood burning stove bought and installed (costing over £2000 in total) and the usual high costs for childcare.
Overall, we spent over £5500 – that’s a lot, too much certainly but in line with what was budgeted for the month:
- Childcare costs = £1,744 – steep I know!
- Car Depreciation = £158
- Household Expenses = £623
- Mortgage Interest = £232
- General Spending = £2819
- Total = £5,575 (less childcare = £3831)
- 6 Month average = £5095 (less childcare = £3398)
The general spending included credit card payments for car servicing (around £500), holidays/travel (£800). Current account spending included mainly the stove fitting fee.
I’m not happy with the level of spending but the stove is worth it (as I’ll say in an upcoming post) and our travel plans are soon to be no more once the Little Lady comes along in the Autumn. The plan for an on-target spend of £36,000 (not including childcare) is on track for the year.
One slight silver lining is that some of my Quidco and TopCashBack discounts have been paid out or are coming along. Included was £80 for swapping broadband earlier this year which was initially declined but I did the work and complained and got the £80 paid (eventually). Also some payments from eBay for selling some junk! Not much maybe but it feels good to make some money that way.