Mixing Maroons - Spend Less, Save More … Get Marooned!

Mrs. Maroon

March 18, 2015

February 2015 Update

Tags: , , , , , , ,

Hmmmm… So I got the January update out WAY before my new goal. Not so much for February. I even had a cute pun for yesterday, but here we sit on the 18th, and I’m finally getting around to it. Perhaps I’ve been putting it off because February was a rather spendy month 🙁


$3,915     Mortgage: Principal and interest, plus PMI and escrowed insurance and taxes. And property taxes over at the beach. After much debate, we have re-arranged our plans to pay off the mortgage to coincide with our FIRE date. So this amount includes considerable headway on the principal balance.


$705     Utilities: Typically, we just have electricity, gas, water, internet, and mobile phones here. Yet February brought around our annual HOA fee to the tune of $350. I have MANY opinions about the HOA, but will spare you for today.


$2,155     Kids: Daycare, diapers, supplies, etc. OUCH!! I knew the kids category was going to go up. February was the first full month of day care for Mini Maroon #2. Plus, Mini #1 celebrated his third birthday. We did not throw an elaborate party or anything of the sort. But we did build a swingset in the backyard as a ‘birthday present’. I’m thrilled by the results. He’s had a blast playing out there. Kids are expensive…

 I know you're jealous that you don't also own such a gigantic socket!

I know you’re jealous that you don’t also own such a gigantic socket!


$821     Auto / Fuel: Fuel, maintenance, and allowance for insurance. YIKES!! Another huge category here, especially compared to January’s paltry $99. Mr. Maroon’s truck needed quite a bit of work: new hubs on the front wheels, oil change, glow plugs, and I know there was something else too. He insourced all of the labor, but the parts themselves were $500. We also added a fair number of tools to facilitate these and other future repairs.


$510     Groceries: Our good work from January did not translate over to February for groceries. I had my concerns that we could sustain that level of spending. I’d like to pin it on the neighborhood weenie roast we hosted, but we had leftovers for several meals, so I can’t really count that as the culprit…


$200    Parents: Same story as always here. We each get slush fund money to spend as desired.


$0     Pets: The reduced food diet for Maroon Mutt has been working. She has a waist again!! We also didn’t need food again for another month. Coincidentally, the reduction in food has led to an increase in her garbage diving 🙁


$0     Travel: We stayed put for the month. We convinced our families to come to us to see Mini #1 for his birthday. Happy momma!


$105     Home: Our general category for all of the consumables at the house. Never too exciting here… shampoo, contact solution, air filters, and kerosene so that Mr. Maroon didn’t turn into an icicle while working on his truck.


$0     Personal: Clothing, shoes, haircuts, etc. Nothing to report on this one!


$38     Miscellaneous: Includes a baby gift for a cousin of mine. I’m a big fan of picking out the most boring, but downright useful stuff when it comes to baby gifts. Someone else will always buy the cutesy outfits. I choose practical.


$0     Dining: We ate every single meal in our house. Total victory in my book. Mini #1 has started asking if we can eat in a restaurant though… He will learn.


$12     Entertainment: Our typical Netflix and Pandora. I consider this to be a splurge for us. We could cut it out. But the price of sanity to get some variety in kids’ music makes it worth it to me!



Despite being half of our Endowment contribution for January, sending $5,100 to the Endowment is nothing to shake a stick at! We sent $2,850 towards maxing out our 401(k) accounts for the year. And another $2,250 went into Roth IRA accounts. The Roth contributions mostly came courtesy of some refunds after selling the semi-investment property – the remainder of the homeowners’ insurance and excess funds in the escrow account.


Although we spent much more during the month than normal, I am happy to report that we are right on schedule with our goals for Moneystepper’s 2015 Savings Challenge. Though I’m certainly not looking forward to any repeat performances of this month any time soon.


February 2015 Stats:

Net Worth – $401,200

Endowment – $232,100

Home Equity – $19,030



~ Mrs. Maroon

Excel is My Friend - A Peek at My Spreadsheet
FF #14 - My New Cleaning Solution
  1. Comment by Christina @ Embracing Simple — March 18, 2015 @ 8:21 AM

    Kids are so expensive. Beyond the necessities, it is super fun to be able to do things like build a swingset, I think that is money well spent 🙂

    That’s great that you are still on track with your goals for the challenge despite your expensive month!
    Christina @ Embracing Simple recently posted…Simplified Cleaning Series: Cleaning RoutineMy Profile

    Mrs. Maroon Reply:

    I don’t like the hit to the bank account. But I’m super happy that we chose to spend money on something that can bring lots and lots of playing for the kiddos for many years to come. It’s all about being intentional with how we spend our money – frugal instead of cheap!

  2. Comment by Mrs SSC — March 18, 2015 @ 9:54 AM

    Kids are so pricey – and seeing the cost of daycare added up just ruins my day every time I sum up the budget. I just keep trying to remind myself that its a temporary cost – and won’t be around after we FIRE.

    I love doing practical gifts too. When my friends twins turned one, I gave them diapers and some champagne to celebrate surviving a year – she told me it was the best gift they got!
    Mrs SSC recently posted…Commuting takes its’ “Toll”!My Profile

    Mrs. Maroon Reply:

    First birthdays, especially for twins, is much more of a celebration for the parents. Congrats – you kept the child(ren) alive for the year! Nice work on giving the parents something they could enjoy for themselves.

  3. Comment by Kayla @ Femme Frugality — March 18, 2015 @ 11:54 AM

    That was a pretty expensive month! But don’t worry some months are like that, you just have to balance it out with some lower spending months too.
    Kayla @ Femme Frugality recently posted…Personal Finance Playlist: Money Music That Doesn’t SuckMy Profile

    Mrs. Maroon Reply:

    I’m very much looking forward to a lower spending month. I know they come. It just hurts to see the high ones.

  4. Comment by Chela @SmashOdyssey — March 18, 2015 @ 12:13 PM

    Isn´t spending on cars the worst?! I hate it. I feel like, I paid so much to get the car, I want it to run perfectly forever! I shouldn´t have to spend another dime. Ugg. I´ve been dealing with car maintenance issues, too, and spending a lot in gas! When will it end?? Haha
    Chela @SmashOdyssey recently posted…Changing Banks: Fee Me Once, Shame on You, Fee Me Twice, Shame on MeMy Profile

    Mrs. Maroon Reply:

    I’m with you! I spent a pretty penny the car in the first place. Why does it need all of this continual money-spending?

    In actuality, both of our vehicles have 100,000+ miles without any super major problems. We’ve done pretty well for ourselves.

  5. Comment by Robin @ The Thrifty Peach — March 18, 2015 @ 12:21 PM

    I laughed when I read the part about your dog garbage diving.

    I woke up yesterday morning to discover that my dog had gotten our new loaf of bread off the kitchen counter while we were sleeping and devoured the ENTIRE LOAF. Brand new loaf– ZERO crumbs, just a plastic bag leftover. And we don’t even have her on a diet, she’s just a chow hound!
    Robin @ The Thrifty Peach recently posted…It’s Official — I’m a Freelance WriterMy Profile

    Mrs. Maroon Reply:

    My parents had a dog that was a Houdini at eating things off the counter and leaving no trace.

    I’ve gotten wise to Maroon Mutt’s ways and now put something heavy on top of the trash can when I leave. To protest, she has started pulling the box of tissues off the counter!

  6. Comment by The Money Spot — March 19, 2015 @ 5:31 AM

    Even with an expensive month still being able to save 56% of your income is great. Your name idea for Group Freedom was so great we managed to get another member to join into the fund. Thanks for sharing and best of luck in March!


    Mrs. Maroon Reply:

    Love hearing about others joining in the fun! Group Freedom all the way!!!

  7. Comment by Mrs. Frugalwoods — March 19, 2015 @ 6:41 AM

    That’s great that Maroon Mutt is doing well on the new diet! And, congrats on not eating out. That was such a tough habit for us to break, but wow does it save a lot of money. My opinion on expensive months is that they creep in here and there, but, are often just a blip in an otherwise frugal life :).
    Mrs. Frugalwoods recently posted…Frugal Hound Sniffs: Even Steven MoneyMy Profile

    Mrs. Maroon Reply:

    I might use the term “doing well” lightly. Her waistline may look better, but she acts like she is really being treated poorly. With summer around the corner, I expect her activity level will jump up and we can resume a little more food while keeping an athletic physique.

    Eating out is so very expensive. It’s crazy how fast it adds up!

  8. Comment by Holly@ClubThrifty — March 20, 2015 @ 6:02 AM

    My kids ruin my budget too. It’s not just daycare either- it’s gymnastics and everything else. Totally worth it, though =)
    Holly@ClubThrifty recently posted…How to Live Cheap: Tools of a TightwadMy Profile

    Mrs. Maroon Reply:

    I wouldn’t change it in a second! We haven’t yet reached the age for many activities, but it is right on the horizon. But secretly I can’t wait to watch ten 3-year-olds travel in a pack surrounding the soccer ball!!

  9. Comment by Harmony — March 20, 2015 @ 12:52 PM

    You did a great job considering the extra expenses. Just imagine if you had taken his vehicle to a repair shop! My hubby just saved us a bunch of money on car repairs too:

    They can be very handy 🙂

    Mrs. Maroon Reply:

    Blech! I might be sick if I think about how much it would have cost if we’d gone to a shop. Having handy a husband is awesome!

  10. Comment by Vawt — March 23, 2015 @ 12:45 PM

    Looks like a pretty good month to me. I think Group Freedom is going to have all 4 hit the annual targets in the Moneystepper Savings Challenge.

    HOA fees are so crazy to me. I have always excluded any developments that have one in my home searches.
    Vawt recently posted…February UpdateMy Profile

    Mrs. Maroon Reply:

    I agree about the HOA. We will never do it again. We have folks talking about wanting to increase the fees. And in all honesty, the ridiculousness only starts with the fees – the egos and politics are so much worse than even sending the money!!

  11. Comment by Stuart Edwards — April 12, 2015 @ 6:50 PM

    Love the breakdown – Great job on not eating out.. I dread to calculate how much we spend on meals out!
    Stuart Edwards recently posted…New JCB Loadall takes compact equipment to new heightsMy Profile

  12. Pingback by The Net Worth of Personal Finance Bloggers — June 21, 2015 @ 8:54 PM

    […] Mixing Maroons @ $401,200 […]

  13. Pingback by Discombobulated « Mixing Maroons — August 5, 2015 @ 8:38 PM

    […] ourselves to find our definition of happiness. But (using but is always such a downer), without regular updates shared here, I wasn’t tracking our expenses and tabulating how we spent every penny. That […]

  14. Pingback by The Ultimate List of Blogger Net Worth | — September 5, 2015 @ 6:34 PM

    […] Mixing Maroons @ $401,200 […]

Leave a comment

RSS feed for comments on this post. TrackBack URL

CommentLuv badge