What a weird month to start with!
According to Mint, we made $11,388 of income, including rental money from the UK flat and the US duplex. The total is distorted by the fact that I cashed out AA's CD and reinvested the money in her mutual fund. It also includes some work reimbursements and a couple of refunds. But it was a lean month for AS in terms of receiving freelance checks (even though she booked a ton of work).
Our spending for the month, per the tool, was $20,564! A crazy number, but it includes:
$1129 of AA's CD, deposited into Pax
$5284 for our UK plane tickets (which we saved up for and are paying off the CC for next week)
$2960 of retirement contributions (including quarterly SEP contribution for AS's freelance business)
$2300 in estimated tax payments for AS's freelance work
Total of the above: $11,673
So when you take out all of those unusual transactions, our spending was $8891. Still a lot, but at least less than we brought in.
I take the no-spend days with a grain of salt, since transactions don't always post the day I make them. (For instance, I bought the plane tickets and made several of the retirement contributions Dec. 31, but they're showing up in January). But it says we had two no-spend days, Jan 10 & 16.
The highest-spend day was Jan 5, at $9617 (wow!). That included the airfare, our US mortgage, and a Roth contribution. Other than that, it was $30 on shopping and $33 on groceries that day.
I think Mint values the duplex much higher than I do, and also counts the money in checking (which I dont' because it's allocated for bills) and savings (which is set aside for taxes so I don't count it), because it has our net worth at $590,489. I'll do our net worth shortly, but last month I had it just a bit over $500K.
So, it's a very interesting tool! It'll be good for getting an idea of how much we spend in different categories, even though I won't use it to manage my budget day-to-day. I like how it's mostly automatic (I just need to go in occasionally and make sure purchases are correctly categorized).
My first full month of Mint tracking
January 31st, 2016 at 05:14 pm
January 31st, 2016 at 05:53 pm 1454262823
January 31st, 2016 at 06:08 pm 1454263727
February 1st, 2016 at 04:21 am 1454300468