I’ve finally crunched My Challenge numbers. I spent an average of $977.74 on living expenses, after savings and taxes.
Here’s a recap of my income.
Here’s a concise summary of my spending.
Here’s the detail.
For some reason, all my current and prior images show as boxes wiht a little x, although if I click on them I see the image. A quick review of the forums hasn't helped me figure it out. If anyone has hints, let me know. Current and prior images are jpegs from my hard drive.
I spent $1592 a month in 2005. (I have already been saving a large portion of my income.) I wasn’t on any Challenge in 2005, and the trips I went to Oaxaca, Poland and Belgium are included in the $1592 a month average.
I spent $978 a month on the Challenge. If I take off, as I should, the amount I spent on my trip to Europe (Croatia and Bosnia, Sept. 2006, $1810) I saved an additional $5558 for the year, for an average increase in savings per month of $463.
During My Challenge, I lived on less than half of my net income. That's just the numbers. Later, I'll post on what the Challenge really meant for me, as far as my lifestyle.
I spent $977.74 a Month
March 25th, 2007 at 09:11 pm
March 26th, 2007 at 12:44 pm 1174913053
It's also good to see that you don't have to cut out some little things like Netflix or internet to meet your challenge.
March 26th, 2007 at 01:45 pm 1174916737
I'm going to miss it! Do you want to go for another year?
...just kidding...you did awesome and should be very proud of yourself!
March 26th, 2007 at 08:09 pm 1174939758
March 26th, 2007 at 11:34 pm 1174952078
October 22nd, 2007 at 07:06 pm 1193079967
We truly couldn't do it. The biggest reason is that we have a short term mortgage (15 years), wherein the monthly payment (not counting taxes/insurance) would be more than minimum wage. Minimum wage would only carry the house payments about 6 months for us.