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Keep updated with CBB’s November 2023 price range replace. Uncover the story of the month’s bills and the info behind them. Get the whole November 2023 price range insights at this time!
I hope you take pleasure in these month-to-month updates, and in the event you’d wish to see different knowledge, remark beneath.
Should you’re new to the weblog and haven’t downloaded my free 2024 Funds Binder, seize it now.
Why Do I Share Our Month-to-month Funds?
I stay up for placing this submit collectively because it lets us see the place our cash was spent.
A price range additionally acts as a diary to your bills so you’ll be able to look again to see success and failure.
In spite of everything, we will solely achieve success if we study from the errors we make alongside the best way.
Our price range replace additionally lets readers know that we’re NOT excellent and should make modifications like everybody else.
We use the instruments (Free price range Binder), and I hope you might have downloaded your free copy.
If there’s any info that you just’d wish to know or clarify about our price range, please share your feedback beneath.
Alright, let’s get into this.
Dialogue November 2023 Funds
Benefit from the learn, and as at all times, I recognize your sort suggestions and strategies within the remark part.
Percentages For the November 2023 Funds
Seeing our housing ratio drop was wonderful as we’ve slowed the renovations down, and I’ve to complete the primary lavatory.
I’ve already bought a lot of the objects wanted for the toilet, so I have to make time to get the job executed.
Our transportation prices elevated as I spent round $85 further for the month.
Beginning in November, I’ll fill the big fuel tanks to have further within the storage.
This has come in useful extra instances than I can rely throughout winter storms.
Our Life Ratio will enhance attributable to Christmas purchasing bills for November and December.
The excellent news is that we’ve a bit of the cash saved as projected bills.
In any other case, we appear balanced and centered on reaching our yearly monetary targets.
Funds Month Comparability
We had an 8.67% change in whole web earnings for the month, with a lower in bills of 69% in comparison with October.
Renovation bills elevated our October price range, and the proportion dropped since we didn’t spend a lot in November.
After Christmas, these numbers might ramp-up as I start renovations once more.
November 2023 Family Funds Percentages
Financial savings of 32.45% in November embody investments and financial savings based mostly on our web earnings.
The housing ratio, as talked about, dropped to 15.11%, underneath the 35% threshold.
Our Life Ratio is 38.19%, which is excessive because of the holidays and my shopping for instruments for my storage workstations.
The device bills goal to finish renovations and repair my truck with out paying charges.
Life incorporates all the things from groceries, leisure, miscellaneous, well being/magnificence, clothes, and many others.
Each housing and transportation keep beneath the month-to-month proportion factors.
Our truck has no mortgage, and solely certainly one of us goes to work, making issues cheaper regardless that fuel costs are rising.
Equally essential is saving cash for our projected bills due all year long.
All classes took 100% of our earnings, displaying we accounted for all of the income in November 2023.
Now we have zero debt, which helps fund different price range classes to maximise investments and financial savings.
Grocery Meals Financial savings Jar November Replace
Quickly, I might be writing an in depth weblog submit about why we are going to monitor our grocery reductions.
Replace: Monitoring Our Grocery Reductions For One 12 months + Free Printable
I’ll tally it on the finish of the 12 months to see how a lot we saved shopping for decreased meals merchandise.
For November, we saved a complete of $69.47.
To this point, in 2023, buying discounted meals has saved us $1092.09
That’s Superior!!
November 2023 Funds and Precise Funds
Beneath are two tables: Our November 2023 Funds and our Precise Funds.
Our November 2023 month-to-month price range represents two adults and a 9-year-old boy.
Funds Color Key: It’s a projected expense when highlighted in blue.
Since Might 2014, we’ve been mortgage-free, redirecting our cash into investments and residential enchancment initiatives.
Spending lower than we earn and budgeting has been the simplest option to repay our debt and lower your expenses.
Any such price range is a zero-based price range the place all the cash has a house.
Estimated November 2023 Funds
Precise November 2023 Funds
Canadian Banks, We Use
Breakdown Of Our November 2023 Funds
Beneath are a few of our variable bills from November, other than investments.
We spent $1980.48 over price range in November, which I’ll evaluate beneath.
November 2023 Funds Class Modifications
We mentioned rising our price range classes for birthday, pet, grocery, and telecommunications and determined to do that within the new 12 months.
I nonetheless have to repair the prolonged well being class however I’ve determined to attend till 2024.
Family Payments and Bills
Beneath is a proof of the price range classes from November 2023 that have been over price range or want clarification.
Grocery Funds November 2023 Funds
Our month-to-month grocery price range is $900 plus a $25 stockpile price range.
We spent $978.46 or $78.46 over price range for November on groceries.
Since Mrs. CBB’s surgical procedure, she has been instructed to let her physique heal and eat sure meals.
This didn’t lower the grocery price range, as we normally wouldn’t purchase objects.
Since I solely needed to prepare dinner, I lived off 50% of salads and tuna and purchased any from Flashfood offers.
We’ll see this enhance within the subsequent month, tally up our numbers for 2023, and determine what 2024 price range numbers will seem like.
Birthday
The birthday expense in November was for Mrs. CBB’s greatest good friend’s fiftieth reward, an enormous basket crammed with connoisseur meals and wine.
She lives in a city with little availability for reward supply, and Mrs. CBB didn’t need to ship her a present from Amazon.
Sure, certainly one of us has crossed over into the “50” half-century, and it’s NOT me. Ha, Ha!
That’s all of the birthday bills for 2023.
Pet Bills
Beginning in 2024, we are going to enhance the price range accordingly based mostly on the bills for 2023.
It made sense to attend solely as a result of we’ve the cash for the month-to-month overage; plus, we wished to tally up what 2023 bills have been.
Should you don’t have the additional money as we do, it’s important to replace your price range as quickly as doable.
We didn’t do fallacious for November, spending $206.99, which continues to be excessive.
Our cats eat moist and dry meals, and totally different treats are placed on the snack tray.
We bought a snack tray that makes the cats work for his or her treats.
Clothes
Amazon had a deal for cargo pants to suit our son, so we purchased him two pairs.
He’s rising so quick now that we replenish his clothes each few months.
The nice factor is that his shirts, hoodies, and pullover sweaters nonetheless match him.
Mrs. CBB purchased herself a pair of Puma jogging pants on sale.
I’m unsure about you, however we by no means buy clothes on the whole value.
There needs to be some type of financial savings or incentive. How about you?
Well being And Magnificence
Nothing thrilling occurred on this class, however the place we doc all the things from cleansing provides, toiletries, nutritional vitamins, cologne, deodorant, and many others. You get the image.
I purchased myself a bottle of Sauvage cologne however used Optimum factors to pay for a lot of the expense.
In the end, it price me $33, which was an enormous financial savings.
2024, we are going to see a rise for this class, as $66 will not be possible with at this time’s costs.
Prescriptions
Our month-to-month prescriptions are holding regular, and for 2024, we can have a class enhance.
In November, our prescriptions totaled $140.41, with my worker advantages masking 90% of the prices.
Since our final union and wage enhance, we had a major advantages change, which noticed our prescriptions enhance from 80 to 90% protection.
I’m contemplating doing a weblog submit about my advantages package deal to investigate what our household will get and doesn’t get in comparison with others.
FlashFood App
In November, we picked up six objects from Flashfood, bringing our financial savings to $380 for the 12 months.
If you wish to see what we bought, I can take screenshots. Let me know by replying to this electronic mail or commenting beneath.
For November 2023, we saved $80.35 by buying meals that was decreased in value.
Additionally, we acquired free meals from the Flashfood app utilizing rewards factors that I don’t calculate into our grocery bills.
Each one that indicators up will get a $5 credit score, a freebie provided by Flashfood for brand new app clients.
Use my referral code, MOCD28ZN4, to get the $5 credit score, and your first buy have to be over $10.
PC Optimum Factors
We acquired an electronic mail from PC Optimum with a 2023 evaluate of our earned factors.
To this point, we’ve earned 289,785 PC Optimum Factors for the 12 months, lower than common.
Purchasing at Customers Drug Mart will not be possible for our grocery price range until we discover decreased meals merchandise or store on 20x the factors days.
Most of our factors for 2023 have been earned by purchasing at Zehrs, which shocked us.
There’s a lot concerned when planning a store at Customers that I counsel studying my most seen submit about how we earned 4 million PC Optimum Factors.
Presently, we’ve 6,713,177 PC Optimum Factors or $6700 that we will spend at both Customers Drug Mart or collaborating Loblaws shops.
Presently, SDM is working a promo the place you get an additional $100 in the event you redeem 200,000 factors.
As an alternative of $200, we might get $300 for each 200,000 we redeem, making our factors redemptions very profitable.
TD Visa Money Again Quantity
Our TD Visa has a cashback steadiness of $379.89, a rise of slightly below $10 from October.
We’ll take away the cashback in December to begin contemporary in January.
A lot of the bills on this card are for something we buy on-line, together with PayPal and Amazon Canada.
Query: What bank card do you utilize primarily for on-line purchases?
Remark beneath or reply to this electronic mail.
Canadian Tire Triangle Rewards November 2023
Usually, my bills are placed on my Canadian Tire MasterCard other than Costco CIBC MasterCard for fuel and groceries and PC World Elite MasterCard for groceries.
I’ve made a number of purchases at Canadian Tire in the previous couple of months, and my steadiness of $801.32 is from these bills.
We additionally solely store on 20x or 30x the Triangle Rewards days!
November 2023 CBB Web Price Replace
The funding portfolios elevated in November by $47,714.92 or +3.19%.
Till Subsequent Time!
That’s all for our November 2023 Month-to-month Funds.
The ultimate 2023 price range replace might be posted in January 2024, so keep tuned for that and one other submit with our 12 months at a look.
If there’s one thing you’d wish to see in our month-to-month replace, hit reply to this electronic mail and let me know.
Thanks for stopping by, and please subscribe if you’re new to CBB.
Learn our price range updates from 2012-current.
Mr. CBB