June Expenses - First Month of Full-Time Van Living
Written by Matt
June Expense Report - $15,335 of $40,000 challenge (36%)
We took off in the van on May 30th so this Expense report marks the first month of us living in the van full time! I wasn't sure exactly what our expenses would look like but so far they look pretty good! I think they will drop even more next month as we get more comfortable in the van, how we manage groceries, and get a little farther away from all the people we know (quit inviting us out to eat already...)
So far we are 6mo in and we have only spent 36% of our $40k budget which is awesome!
Our June Experience!
June was the first full month of Van Life. We left California on May 30th and booked it across the country to get to South Carolina by June 9th for my family reunion. It was a pretty serious pace which was less than our favorite way to travel. But that's just how the cookie crumbled.
This month was a nice ease into van life. We spent a lot of time visiting with friends and family. We only camped out 4 of the 10 days it took us to drive from CA to SC. The other times we stayed (in the van) at friends and families houses.
We stayed in the van the entirety of the family reunion which was actually pretty nice to just have our own little space. After leaving Myrtle Beach we headed down to Savannah GA to pick up my sister's dog who we will be taking with us on the trip. Things worked out that she needed a long-term dog sitter and we were supremely qualified.
From GA we started our trek north hoping that we would find some cooler weather and some fun adventures. We found one of those things as the weather has been relentlessly hot. We have stayed in the comfort of AC quite a few times in the last 2 weeks as we head north. We have visited with 1 travel buddy, 2 aunts and uncles, 3 cousins, and my grandma on our way up the east coast and have a couple more friends to meet before we reach Maine and turn West again.
Mortgage: $1,790.74 - We finally stopped paying that principle only payment. It will help with our monthly cash flow a bit going forward until we start bringing in some more income from the businesses.
Roommate Income: $2,380 – This should be pretty typical of a month going forward as long as we keep the house fully rented
Costs Income: $456.97 (plus we built some equity in there!)
This represents a pretty stable idea of what we should be getting out of the house going forward. I realized that I had been counting the excess income we got from our house in the last two months against our expenses (which made sense when it was a cost) but now that it should be an income going forward we'll take it out of the total so we can look at how much we actually spent during the month
Gasoline: $599.40 This was a big hitter this month! makes sense because we drove all the way across the country and then down to GA and up to Virginia all in one month. I think we covered ~4,000 miles this month which is pretty insane. I think we'll be quite a bit slower in July. I thought something might have been wrong here but a quick back of the envelope of 4,000 miles at 20mpg with gas around $3/gal for diesel works out to $600. So I'd say we are pretty close.
Student Loan Payment: $500 – Only 5 more years to go!
Groceries: $437.16 – slightly higher than last month but we did cook in quite a bit. We also took our turn cooking at the family reunion for 21 people... I think that dinner was $120 by itself. But we got fed the rest of the time at no charge to us. The community food for breakfast and lunch will get split up between everyone but we haven't seen how much that will be. It was a good week with a lot of food and drink.
Eating Out: $215.31 – One of the hardest parts about visiting with friends and family is that it always seems like a "vacation" to them. "You're in town for a couple days? Let's go eat at our favorite restaurant or get some drinks at our favorite brewery"... its easy to do and hard to say no to because its always fun and the food and drink is always amazing. However for us... it isn't a vacation it's our everyday life. So it can really start to pile up. Honestly, I thought this number would be higher as I reflect back on June. We have a ton of family on this side of the country so I expect once we get our on our own a bit more when we get north we will be back to eating out just a few times per month.
Health Insurance: $202.24 - We signed up with a Christian health Sharing ministry for our insurance when we left work. We waited until May to sign up because we could have gone back on COBRA for 30days after we ended employment if something had happened that required significant medical care. This charge was for set up fees as well so from here on out I believe its only ~$100 for both of us which is super affordable. Granted we have a $10,000 deductible but we have that if something catastrophic happened like a car accident and otherwise we are generally pretty healthy and got full check-ups before we left work.
Phone: $121.70 – We maxed out on our Project FI account this month because we used it a lot as we traveled across the country as a hot spot. We ended up switching to Verizon in June though because of the hacking incident. There are some more details on that in our VLOG videos
Travel: $106– We got an annual pass to the national parks ($80) and an entrance to sliding rock in Pisgah National Forest ($3) each. The other $20 was a sticker for the van (gotta keep a record) and some other random items.
Doctor: $91.78 – Had some remaining balances somehow from our doctor visits back in March and April... Not sure how it takes 3 months to bill someone but it was a legitimate charge but that should definitely be the last of it.
Fees and Charges: $76.60 – Last month we talked about our hacking situation. This was some more bank and account fallout because of that. we got quite a bit of stuff reversed but not everyone is willing to work with you on it.
Gift: $25.63 – For a friends wedding we will be going to in Oct.
Gym: $5 – I know I said this one would be gone but it Snuck in there! it billed super early in June but next month for sure!
Selling Stuff: $0
Interest Income: $26.38
Credit Card Bonus: $588.16 - We had opened a couple discover cards last year to put a loan to a friend on. They let us carry the money at 0% for 18mo or something. We paid them all off last month and got the sign-up bonus and cash back this month.
Owen Your Future: $604.83 – We bought a Drone (DJI Spark) used off of craigslist for our youtube channel ($400). I'm still learning to fly it around but its a pretty good time and relevant to the videography we are learning.
We spent about $180 on things for Clifford, I bought a fuel filter and a spare, some tire fill extenders for the dual tires, a wifi adapter with antennas that will hopefully help us catch better wifi. a couple air filters (Number 1 maintenance item to be on top of) and a new circuit breaker for the electrical as one failed limiting our microwave or appliance usage.
Business Support: $133.48 - We had an issue with referrer spam on our website causing the site to go down due to too much bandwidth usage. It took me a while to find a solution but if you are having issues banning people with a free Cloudflare account has worked great so far for us. We had to boost up our hosting subscription to get through the month. I'm thinking we can bring it back down after we get the spam under control.
Primal Noms: $16.35 - We have our first product out and ready to go! You can check out the mug cakes at PrimalNoms.com I bought a package of them to test the order form and payment processing. Hopefully, we will have some business revenue coming in for next month!
Align with Alli: $22 - additional credits for the program she uses to level her audio before publishing her podcast.
June is in the bag and we are already well into July. Let us know what you think about our first month's expenses in the van. I'd love to hear other peoples thoughts on your own monthly expenses in the comments or send us an email!
Thanks for Reading!