September 2022 Review

In this post, I’ll be reviewing my spending, investing, dividends earned, and monthly goals for the month of September.

Spending

My expenses for the month of September

I spent a total of $558 in September. While this was less than I spent in August, I still exceeded the $500 limit I set for myself in my Personal Capital account.

I actually spent less money on food than I thought I would this month, which is a good thing because I usually tend to spend a lot on food since I’m a big foodie!

I did spend a lot of money on clothes because I needed some new pieces for the fall. (Although I am returning one clothing item because I don’t like it, so I’ll see a little bit of that money back!)

Overall, I did have a “Spendy September”, since it was my birthday and I had some other things going on as well. But we’ll see how I do in October (and hopefully I can stay within my $500 spending limit)!

Investments

My total investments for September

September was a great month for me investing-wise since the market was basically on sale! I invested a total of $2,673.08.

My usual investment of $500 into my General Investing account went in, as well as my usual investment of $173.08 into my 401(k) (not including employer match – this is just what comes out of my paycheck).

But this month I also invested $2,000 into my Roth IRA, which puts me on track for maxing it out by the end of the year!

Dividends Earned

My total dividends earned for the month of September

September was a much better month for dividends than August was, and I’m attributing that to the end of Q3. (I’m sure October is going to be much better, though!)

I earned $28.88 in dividends for the month of September, and I know that isn’t a crazy amount at all, but it’s adding up! I’m hoping that next year at this time, it will be double!

Monthly Goals

As you can see in the image above, I only achieved half of the goals I set for myself in September.

It was a busy month for me, personally and professionally, so I’m not beating myself up for not achieving everything I set out to do.

Here’s a breakdown of each of my monthly goals:

  • Finish reading “The Psychology of Money” – I am terrible at finishing books so I’m not even sure why I set this as a goal. I thought I could do it, but other things got in the way and unfortunately I wasn’t able to finish it. It is a good read though and I do hope to finish it eventually!
  • Invest $2000 into my Roth IRA – I achieved this goal on 9/16 and I posted about it on my Instagram because I was super happy about this! I’m not much of a lump sum investor (I’m a big fan of DCA) so I was proud of myself for achieving this goal.
  • Open a new brokerage account – I honestly don’t even know why I didn’t do this, since it’s so simple to just open up an account. I tend to procrastinate on things like this (although I am working on breaking myself out of that bad habit!), but opening a new brokerage account is one of my goals for October.
  • Enjoy my birthday! – This was a fun goal that I set for myself because I usually never enjoy my birthday, but this year I can say that I did! I am very lucky to have amazing friends and family who made me feel special this year!

We’ll see how I do with my next monthly goals in October!