So….April has been incredibly expensive. Like…WTF expensive. My Mint.com is red all over the place – and it’s interesting because it started with such good intentions!
April started off rather fantastically – I got a legitimate tax return for the first time in 3 years. I had done really well with saving in February and April and was sitting pretty on a nice amount of cash in all accounts…and I was thinking of actually paying off my smallest student loan. I was waffling because it would leave me completely without an emergency fund…so I threw 1/3 of the amount into the loan instead.
Man…I’m really glad I kept the emergency savings! Here’s why:
On April 11 I stepped out of an appointment and by the time I got to work was hobbling with excruciating pain in my right foot and ankle. Nothing was relieving the pain. So here’s how that financially broke down:
- $50 copay from PCP to be told she had no idea and got a referral to a podiatrist
- $60 for the podiatrist
- $20 for the prescribed ankle brace
- $89.19 in ubers/taxis between work and the doctor’s offices over the course of a week
- $110 for a new pair of sneakers
My sneakers were so old they they lost all their ankle support and that is why I rolled my foot and severely strained a tendon in the first place. I walk and workout too much to not replace my sneakers every 8 months….it had been a year and a quarter. I was holding off on this because they are expensive but I didn’t realize it had been THAT long…….and if I had just spent the $110 a few months ago this could have been avoided.
$329.19 so far
When I moved in December my new home was left with an ancient Frigidaire….and I do mean ancient. I’m 75% sure they actually painted the front of this fridge to hide rust. It has probably been an energy nightmare this whole time…but sometime over the weekend the freezer door popped open and I have not been able to get it to fully shut since:
- $50 for the groceries lost (I am guessing this because I’m really not going to go back and itemize but I have spent $277 so far this month on groceries and a lot of that went into the freezer.
- $596 for a new refrigerator – I will get some help with this down the road but I did have to put up for it first. I pre-approved for the Lowe’s card and got 10% off.
My dog came down with an unexpected itching problem and I had to take him into the vet. While about 70% of this will be covered by pet insurance, I have to pay up first!
There has been an article by The Atlantic circulating my frugal blogs entitled The Secret Shame of Middle-Class Americans that talks about how, based on a study from the Federal Reserve Board, 47% of Middle-Class Americans do not have enough savings to take care of a $400 emergency.
I failed this month in the sense that a lot of these things could have been avoided if I had just taken care of them in a more timely manner and I’m going to do better about this going forward!
The win: I am able to pay this off thanks to keeping my emergency savings. It’s what it’s there for and I’m glad I took this bit of advice from most of the big wigs of budget blogging. You know that box of ebay items I keep talking about? This weekend would probably be a good time to get on that….