This year was an odd one. In general, I try to keep my monthly spending at an average of $1k. Up until September, I was right on track. Then I went to Africa. What was supposed to be a multi-month house sit turned into a multi-month road trip. I could have easily decided to just rent an apartment in one place for the time I was there and stay on budget, but I decided that I would take advantage of the opportunity and spend the money to really travel around the country. It definitely killed my budget, but it was a once in a lifetime kind of event so I decided to just go and enjoy myself and not stress about finances. I ended the year being about $5k over budget, but the experience was worth it and I’d do it again. It’s a good reminder to myself that I live on a budget because I can and I want to, not because I have to, so it’s ok to splurge and treat myself sometimes.
All that said, I’m 100% looking forward to getting back into my normal financial routine, even though I do have some big ticket expenses coming up.
Monthly Spending by Category
Most expensive month: November – $2582.84
Least expensive month: May – $277.77
Total Spending by Category
Transportation: $4625.40 (avg $385.45)
Lodging: $5368.08 (avg $447.34)
Food & Entertainment: $5725.37 (avg $477.11)
Miscellaneous: $1587.77 (avg $132.31)
Destinations Visited
I visited 4 new countries this year: Romania, South Africa, Tanzania, and Rwanda. Technically I also visited Lesotho, which would make it 5, but I was only there for a few hours so I am not really counting it.
- Mexico City, Mexico
- Valparaiso, IN, USA
- Washington, DC, USA
- London, UK
- Sevenoaks, UK
- Bakewell, UK
- Cambridge, UK
- Thame, UK
- Milton Keynes, UK
- Hamburg, Germany
- Hannover, Germany
- Dortmund, Germany
- Timisoara, Romania
- Sibiu, Romania
- Helsingborg, Sweden
- Copenhagen, Denmark
- Dublin, Ireland
- Sandycove, Ireland
- Sofia, Bulgaria
- Bansko, Bulgaria
- Stockholm, Sweden
- Johannesburg, South Africa
- Port Elizabeth, South Africa
- Addo, South Africa (Addo Elephant Nature Park)
- East London, South Africa
- Mthatha, South Africa
- Sani Valley, South Africa (Sani Pass/Lesotho)
- Nottingham Road, South Africa
- Clarens, South Africa
- Johannesburg, South Africa
- Pretoria, South Africa
- Graskop, South Africa
- Kruger National Park, South Africa
- Centurion, South Africa
- Kimberley, South Africa
- Graaf Reinet, South Africa
- Jeffrey’s Bay, South Africa
- Stormsriver Village, South Africa
- Tsitsikamma National Park, South Africa
- Mossel Bay, South Africa
- Hermanus, South Africa
- Franschhoek, South Africa
- Cape Town, South Africa
- Beaufort West, South Africa
- Bloemfontein, South Africa
- Kempton Park, South Africa
- Dar Es Salaam, Tanzania
- Tanga, Tanzania
- Kigali, Rwanda
Housing Split
Last time I did my annual report people insisted that in order to spend under $12k/year I must basically be living on the street or in shitty hostels. So, I started tracking how much time I spend in various lodging types just as an additional point of data. One thing that has impacted my expenses this year is that I had about 80 days in paid lodging that should have been as a pet sit, so my numbers are a bit skewed.
Summary
In general, even though I went over my preferred average spend, I consider this year a financial success. I earned more this year than I have in any other year of working, I paid off $20k in debt, and I increased my total net worth by @ $48k. I consider that a successful year, no matter how much I spent. It’s a good reminder that financial success is less about how much you spend, and more about how much you save.