You know that Jordan and I have decided to hold off of buying a home in BC just yet, but I'm not sure if I've shared that we're also holding on selling our home in Alberta. This is for a couple of reasons, but the largest is that it's not a good time to sell with the current oil prices/economy in AB.
There's a few more things there, but I'm not quite ready to share all of that yet. I am though, ready to share our draft baby budget. This is with carrying our home in Alberta, and living in BC with family.
I would really appreciate any thoughts or advice you have!
Income is income.. I'll be eligible for the maximum EI benefit and the UCCB payment which just increased from $100, to $160/month for care givers of children under 6 years old.
Onto monthly expenses - these are our normal expenses for maintaining our house in Airdrie. I've reduced the utilities slightly, but not a lot just in case. It will be winter, and while the house won't need to be heated to 20, it will need to stay at 10 Celsius so pipes don't freeze.
We'll still have cell phones, though our contracts are up for renewal in November so there will hopefully be a smaller bill by the end of the year.
We still have the car payment, mortgage, and our LOC payments. I'm leaving our monthly spending at $1,700 (what it is now) because while we'll spend less on gas etc. with me at home, I'm assuming their will be baby expenses that will balance that out.
My employer will keep all my benefits going, I just have to pay for my Long Term Disability premium (which I'm happy to do).
We're able to keep doing some of our planned saving/spending, but at a much lower rate.
For the first 15 weeks of my maternity leave, my employer 'tops up' my EI to 70% of my salary. That means that we'll have approximately an additional $900/bi-weekly during that time. My plan is to bank all of that money - but maybe it would be better to drop that all on the LOC (~$6750 total) or maybe to add to our vacation or emergency funds?
After writing June's spend update post, I wanted to share with you one of the free things that we do just about every weekend...and that's taking the dogs on a new adventure. Here's a couple pictures from the last couple of weekends.
This first one is playing in a creek. We go to this place just about every weekend for a hike. The dogs love playing in the water!
This is Aries (brown) and my mom's dog Rider (black). Baxter is on the shore for this one, he doesn't like getting his belly wet.
And this second picture is all the dogs in the back of the Escape...all half asleep tired from all the playing!
Stroller - UppaBaby Vista 2015 - $855
As most of you know, Jordan and I have been saving up for baby for years...little bits at a time. We're now at that place where we can spend on baby things, and we are completely prepared for that in our budget, woohoo! We had put away $10,000 over threeish years for both pre-baby, and post-baby.
Here's where we're at so far....and while we've been saving for a long time, that doesn't mean we want to spend money we don't need to - just about everything we've gotten on sale.
The Crib was regularly $229.99 - saved $30
The Dresser was it's regular price, but came with the change table top
The Stroller was regularly $925 - saved $70
Car Seat Adapter (not pictured) was regularly $75 - saved $5.60
The last big thing will be the mattress for the crib which I'm planning on getting from Costco for about $130 (best price I've found for the mattress I want). After that, we'll wait and see what we need after the baby shower :)
Wow...it's July already? I'm not entirely sure how that happened. We've already celebrated Jordan's birthday and have both mine and my mom's coming up soon too.
Here's June's spend numbers.
Gas, eating, and groceries all continue to trend high. This is expected given our travel right now. I'm driving to BC at least 3 or 4 times a month right now. It's hard to buy groceries for one person, that won't spoil when you're only at the house for four full days out of the week. We're also of course contributing to groceries and other items at my moms while we're working out our living situation.
Alcohol stays low with baby on the way, though entertainment creeped higher in June. This was a couple of date-night, movie nights, the craft fair, and a few other things. We try to pack in a lot of fun on the weekends when Jordan and I get to see each other.
Pets spiked because Aries and Baxter had their annual checkups in June.
Clothes were from maternity wear...it was time...nothing fit, now I have things that do!
Home Maintenance is odds and ends from both houses - it was a Costco trip that might have also had some groceries in it...by might of, I mean I'm sure it at least had a couple bags of dog food and coffee but I didn't keep the receipt.
Vacation was my mom and my trip to Winnipeg to visit my brother and his partner. I had already got the flights with miles a few months back, so that would have been on a previous spend report. Mom and I trade each year who buys flights and who buys hotel - points are totally aloud (mom did flights on points last year).
Reimbursables are just that - from work and from family.
Last but certainly not least is baby! This was the rest of our Crib/Dresser (had already but a down payment down to get them ordered).