Expense Report: September 2015

It’s back to the norm in September without any travelling and much discretionary expenses. Just when I thought last month’s Net Savings rate was going to be my all-time record high, I’ve smashed it yet again this month, recording a 83.92% Net Savings rate in September. Booyah!

Transportation: $65.52 up-arrow

Commuting charges on the B.M.W (bus, MRT, walk) is up by 25% as I haven’t cycled much this month because to the haze. No point saving money and destroying my health in the process.

Food: $312.50 up-arrow

I’ve come to realise that when there’s an increase in the use of public transportation, food expenses increase in proportionally as well. It’s so easy to be lured into a restaurant on the way home!

Groceries: $85.13 up-arrow

Grocery expenses is pretty close to my spendings in August. I didn’t manage to rein in my spendings here as planned, but lots of ingredients like sausages, herbs (for Chinese soup) and baking needs will spill over to October so hopefully I’m not going to have to spend so much next month. I’ve also starting to bake a lot more with my Airfryer now (yes you can apparently bake with an Airfryer) so I’m eating more variety of food compared to the usual stir-fry and soups.

Shopping: $36.11 down-arrow

The retail bug hasn’t bitten me this month so I haven’t spent a whole lot in this category this month. I wish I could say I’ve only bought things that were necessary, but that’s not always the case. The ‘big’ ticket item this month is a skewer tray for my Airfryer so that I could roast skewers of meat to pack to work for lunch.

Entertainment: $101.00 down-arrow

Entertainment spendings is lower than last month but is still quite high with the occasional drinks with colleagues. I’ve also watched 2 movies (Maze Runner: The Scorch Trials and 3688) in the cinemas this month.

Miscellaneous: $292.00 up-arrow

I didn’t spend a whole lot of miscellaneous things this month. Only $12 on personal care and a $280 donation for the Ride for Rainbow cycling event that’s happening later this year. I’ll also be doing the 100km ride around Singapore to support the event.

Total expenses for September: $1783.54 (including fixed expenses of $891.28down-arrow

The 6-month MMAE Index continues to inch downwards to 1740.


  1. Wow, 83%! That’s really laudable!

    Curious, but does that mean your monthly income is in the 5 digits? That makes you a high income earner!

    1. Thanks for your compliments. I wish I had a 5-figure income, but I’m not. I’m just a big saver instead of a big spender.

  2. Hi Micky,

    I chance upon your blog after seeing your comment in another financial blog. Your contact me page seem to have a problem, hence I’m leaving my comment here.

    I have a finance site – TheFinance.sg which consolidates all good financial blogs making it easier for anyone who wants to read about Investing and Personal Finance articles.

    I enjoyed your articles on your transition to be a full time investor and I will like to seek your consent to publish your articles of no more than 150 words in my site.

    Looking forward to hearing from you.

    PS: Do you cycle to work? Your transport cost is unbelievable low. I spent $4 to commute to and fro and multiply it by 20 days is already $80/month.

    1. Hi Derek,

      I usually cycle to work, except for the past few weeks due to the haze. No point saving money by risking my health. Even taking public transports, I don’t spend more than $3 per day travelling to and fro from my workplace as my home and workplace are not too far apart. 🙂

      I have no problem for you to publishing an excerpt of my articles in your website and drive traffic to my website for the full article. Thank you. 🙂

      1. Hi Mickey,

        Thanks for sharing and your permission. I have always wanted to cycle to town for work but wait till I get a property in town first. kekeke

        I have published your article on “Expense Report: September 2015”. Can I also request to my site into your blogroll?

        I hope that my humble site will bring in more readers to your blog, and all the best in your financial journey.

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