Received $122 bank interest 

Received $240 I Bond interest 

Snowflakes to Investments:

--Redeemed $30 credit card rewards (cash back) from our grocery card 

--Redeemed $75 cash back on Citi card

--Redeemed $7 cash back on dining out/gas card 

Other Snowflakes to Investments:

+ $8 Savings from Target Red Card (grocery purchases)

TOTAL: $120 Snowflakes to Investments

401k Contributions/Match:

+$795

Snowball to Savings/Investments:

-$0-

Savings (from my paycheck):

+$  450 to investments

+$1,000 to cash (mid-term savings)

Pulled from mid-term savings:

-$165  Garage Door Repair

Short-Term Savings (for non-monthly expenses within the year):

+$1,500 to cash

-$130 Graduation & Birthday

-$100 Travel (college trip EV charging & multiple gas trips to camp)

-$100 DL supplies for summer at camp

-$  78 Pest Control

-$  70 Concerts

TOTAL: $3,584 Deposited to Cash & Investments

Note:  Also pulled $1,375 July/August rent from 'college savings'  

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Hybrid Miles Driven:  

Electric (EV) Miles Driven: 

These auto updates are slowing me down.  I decided to let it go.  I think I have got the point across that we are saving a lot of money re: car gas. 

Still expect to completely breakeven on EV purchase in just 5 years.  (Fuel saved = cost to purchase car).  I can circle back in 2025, do some math, and see how this played out.  I expect gas prices will rise and the breakeven point will just happen faster.  Interestingly, was not our motivation whatsoever re: EV purchase.  Was much more interested in the quiet (re: hearing diability), just charging the car at home, not worrying about brakes on big hills (if ever).  Stuff like that.  But I always get "Your bad at math" comments.  Always from someone with a $60K+ brand new SUV/truck with fuel payments that rival my mortgage.  This has just got me thinking more and more how the car entirely pays for itself.  Very quickly.   

I always think, "What on earth do they think I paid for this car?  $100K!?"  It was a $15K slightly used sedan.  Americans aren't known for their financial sense, what can I say.  I know there's some expensive EVs out there but I don't know anyone buying those cars.  MH's financially independent friend just bough a Bolt.  He was eyeing the fast charging Kia? but told MH the Bolt was half as much.  He just couldn't get past that, even if he could easily pay cash for the $40K car.  My bff was financially independent in her early 40s and ended up with the same car.  She is frugal to the extreme (most years lived without a car).  She found a $100/month lease deal because of course she did.  & my in-laws bought a Bolt this year.  I've never had a car that all my friends and family were buying up.  It's just such a no brainer if you are cost conscious.   It's *the* car.  I think it just stands out as the frugal sweet spot.  You can go cheaper and deal with other issues (low range and battery degradation).  I certainly have had some very broke friends buying or leasing less practical EVs due to low cost.

If there's something new and interesting on this front, I can do a separate post. 

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Note:  I am always lagging a month behind because any bills charged in June will be paid off July 1 and reflected in my July numbers.  I charge in one month and the next month I figure out how to pay for everything (if I need to pull anything from savings).  So this update reflects June spending & July savings.

MH has the summer months off.  His time off keeps getting shorter and shorter.  I think it's only going to be July & August that we don't have the extra income.

Monthly college rent will be a new thing.  I am just pulling from savings in the short run but will reimburse form I Bond money at the end of the year.

Nothing crazy on the spending side.  But we have exhausted short term funds for the year.  Ugh!   & I mean, I will continue to save for the dentist, property taxes & insurance.  But every other category (vacation, auto repair & misc.) has been exhasuted already for 2023.  I've been resisting bumping the monthly savings amount because of all the more one-off kid centered expenses.  But when I look through 2023, I don't see a lot of one-off expenses. 

At the least I should probably add $50/month to short term savings (will start in January).   For the summer I will have to pull from mid-term savings.  The rest of this year will pull from MH's income.

Finally got garage door repaired.  It was a nice surprise that it was a quick fix.  Another long story, but it's done. 

June & July were nice savings months, but it's all going to go to heck in August and September.  August will probably be the worst.  No MH income, tuition due, etc.   & I am charging a lot of expenses that will be paid in September.