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Expat Argentina Life

Monthly Financial Review – Sept 2013

For the last couple of months I’ve written up a monthly financial review tracking the progress of my financial life. Checkout past reviews – August, July. These reviews help me stay on top of this area of my life.

September Monthly Review

Assets +3.31%, Debts 0%

For the last couple of months I’ve written up a monthly financial review tracking the progress of my financial life. Checkout past reviews – August, July. These reviews help me stay on top of this area of my life.

September Monthly Review

Assets +3.31%, Debts 0%

Another good month saw the S&P500 grow 2.9%. I anticipate a little of a pullback next month especially given the looming government shutdown that almost seems guaranteed to cause stock market turmoil.

For the past month I’ve been in living in Cordoba, Argentina so this monthly review reflects my 1st full month living abroad. I’ve been able to exchange my money at the D贸lar Blue rate of 8.5 pesos to the dollar, while the official exchange rate is 5.79 as of this writing.

I’m also updating my budget to include estimates of actuals of my expenses for the month. I say estimates because every single peso I’ve spent has been in cash. Argentina’s full cash culture has resulted in my credit card having zero charges on it this month.

Overall my actual expenses are right in line with my estimate, although I’ve over or under in several areas. One of the main areas I’m over is my housing budget. I had a great apartment lined up in Cordoba however it fell through at the last minute and I was forced to find an apartment on a major time crunch. I settled for a place that is very nice however much more expensive.

October goal:

  • Asset growth of 1%

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