MAY 2023 DIVIDEND INCOME AND EXPENSES

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How’s everyone doing? Here’s another update on my May dividend income and expenses.

Yay! I got my car back! However, it came with a lovely $1,811.27 repair bill to replace the starter and fix a coolant leak. Some people consider the repair to be quite expensive, but when I consider the time and tools I’ll need, I think it’s acceptable.

It’s crucial to always save money for unforeseen expenses. Without my emergency savings, I would undoubtedly put off fixing the problem longer.

If there is a next time, though, I will make the fix myself. We ought to have our own area by that time. No more carrying my toolkit around; un and down the apartment.

Dividends for May 2023

I received $33.28 for the month of May. One of my goals is to be able to support my parents financially. I’m not going to cut back on my spending to make this happen. I now have a better understanding of how much I actually need each month after tracking my expenses for six months. I therefore need to figure out how to boost my income without having to exchange a lot of my time.

May 2023 Expenses

Quick update: House hunting is over.

After a year of looking, we have finally signed a contract to buy a property. A lovely home with three bedrooms, two full bathrooms, a sizable basement I will soon convert to my man cave, and lots of yard area for the kids to play on.

Although the closing date has not yet been determined, the wife and kids have already begun packing, and we anticipate that this will happen soon. I’ll be writing a blog article on my experience buying a house. Stay tuned.

Conclusion

The expenses have made the month of May difficult, but I managed to get through it. To prevent any unforeseen surprises when we move into our new home, I’ll be conserving more of my money for the time being. I’m hoping to be able to restore my emergency fund to its previous level within the next two months. Although not a priority, that is my short-term objective.

**There were no cigar purchases in May.

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