June was fairly uneventful. We stayed closed to home, had some visitors over and got into Summer mode. Financially it was also fairly uneventful. We did have an awful property tax bill but other than that it was pretty status quo.

How did we spend our $$...

House Stuff – $3,214: This category includes anything house-related aside from mortgage payments and utilities. In June we had to pay our property tax bill of $2,899. The rest of the costs are made up of random purchases like a BBQ cover, vacuum filter, soap dispenser, BBQ brush, etc etc etc.

Rental Condo – $2,702: We have two mortgages against our rental condo. We took out a second one in 2021 to help us with the down payment on our primary residence. So technically some of this amount is actually related to our home but I still keep it under the rental condo because if we ever sell it we’ll be able to wipe the entire rental condo mortgage out. We had 3 payments in June so this amount is higher than usual (we’re on an accelerated biweekly mortgage). This also includes the property manager fee and strata.

Mortgage: $2,268: This amount includes both principal and interest. We are on an accelerated biweekly payment plan.

Food – $1,579: Food always seems to be around $1,500 each month for us. In June we spent $441 on Restaurants and take-out, $1,100 on groceries and the remainder on coffee shops, alcohol, dessert etc. Groceries also includes consumables like diapers, baby wipes, dish soap etc.

Daycare – $1,250: We pay for one of the more expensive daycare options in our city because it was the only one we could get into. We are very very fortunate to be able to afford this.

Dog – $354: Vets are scammy. We spent $250 at the vet in June because of a recurring ear infection our dog gets. We simply asked for a medicine refill but they refused to give it to us without an exam even though she just had one 4 or 5 months ago for the same issue. The exam didn’t really take place because our dog refused to let anyone touch her ears – but we were still charged for the exam, as well as for the medicine.

Health – $212: While healthcare is free in Canada, we still have to pay for things like therapy, chiropractors and naturopaths. I’ve maxed out my extended benefits for the year when it comes to therapy so starting in July I’ll be paying out of pocket.

Kid Stuff – $210: The kid started walking this month! Which means the husband ran out to get a baby gate.

Utilities – $54: We pay for Gas (monthly), Electricity (bi-monthly), and Water (quarterly). In June we only paid for gas.

Other – $557: Other is made up of clothing purchases, a trip to the movies, my expensive shampoo and conditioner etc.

FREE GROCERIES: We redeemed $60 in free groceries in June thanks to our PC credit card. This is a free credit card and we pay off the balance in full each month. YTD we’ve redeemed $470.

Investments: In June we invested $2,000 into our RRSPs. We also contribute to an RESP for our child but I don’t include that in our Investment balances.

Our Retirement Assets number is calculated as: Cash + Condo Value + Investments – Mortgages – Credit Card Balance. I do not take into consideration the value of, or any equity in our home.