The second month of 2021 was not good for me. My mother was hospitalized and a significant chunk of my Emergency Fund was taken for the hospital bill. This month was also the start of a new category in my expenses – my mother’s maintenance medications. Luckily, the last batch of incentives that was due for me last year came in this month so that helped with the bills.
Also, I’m glad the COVID-19 vaccine rollout started already.
My February goals/tasks that I was able to accomplish were:
- save P7,540
- finish 1 book
- deep clean bathroom
- replace sheets
- clean phones and remotes
- semi-update work portfolio
What I wasn’t able to accomplish:
- 20 exercise days. I had only 18 exercise days. I blame the short month 😂
- content marketing certification. I was not able to take the certification but I was able to finish all the lessons.
Income and Spending
As mentioned above, since I received a bigger paycheck this month, I spent so much too. Both unexpected needs and wants. I spent a big amount of fun money. I bought Instax films and went out of town for Valentine’s. I sent more than the usual amount to my mother for her meds which will be a regular now in budget.
Net Worth Breakdown
My net worth decreased significantly because I used my emergency fund for my mother’s hospital bills. Rebuilding my EF for the nth time again. Oh well, that’s what EFs are for.
Until next month, folks!