June Investment Income – $76.49

by Andy Hough on July 3, 2009

My investment income for June was basically unchanged from the month before. It went from $76.53 in May to $76.49 this month. Apparently my stock portfolio must have gone down a small amount. I might add a little to my stocks this month. If not then my investment income will only go up if my stocks go up.

Disclaimer: This is not my actual investment income. To get this figure I first add up my retirement savings, emergency fund, and any other money I consider permanent savings. What the total of my savings would earn at 6% interest for a month is my monthly investment income.

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June Income – $3221.68

by Andy Hough on July 2, 2009

Here is a breakdown of my income for June.

Online Income

$232.83

Interest

$82.63

Survey/Bonuses

$103.00

Stock Dividends

$62.32

Ebay/Craigslist

$65.77

Medical Study

$2425

Cash Back

$250.13

Total

$3221.68

This was a great month for income. Since I’ve started tracking my income this is the first time I’ve made over $3000 in a month. The bulk of that was the $2425 from the medical study but I also made a solid $796.68 from other sources. My online income was a measly $232.83. This might seem ok but I’m on pace to make less online this year than last. The main cause for that is a severe decline in credit card affiliate income this year. Combined with dropping adsense on this site I have a lot of income I need to replace. I am looking at different ways of making extra online income. My experiment for last month didn’t work but I’ll keep trying different things.

I received a $250 check from my credit card company for accumulated rewards. That was nice but since they changed the reward program it doesn’t look like I’ll be receiving a check that big again. It was also a good month for dividends due to how the quarterly payment schedule fell. This month’s income will likely be down since the medical study is ending and I need to pay some taxes out of this month’s check.

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June Expenses – $1093.06

July 1, 2009

Here is a breakdown of my expenses for June.

Household

$410.75

Entertainment

$337.95

Transportation

$122.79

Food

$20.04

Medical/Dental

$112.16

Phone

$34.59

Debt

$80.00

Total

$1093.06

My expenses this month were higher than my goal of $1000. I also have a goal of having only $10,000 in expenses for the year and my pace so far this year is well in excess of that goal. Things should change in the second half [...]

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Frugality 101: Mindset

June 29, 2009

I haven’t written too many “how-to” types of posts on frugality. This is mainly because frugality comes natural to me and I do not put much conscious though into being frugal. People do seem to be interested in how I can live on so little so I’m starting a series on frugality to [...]

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June 2009 Goal Review

June 28, 2009

photo credit: FLY2005
It is the last Sunday of the month and time once again for the monthly goal review.
My first goal is to increase my passive income. I didn’t make any progress on this goal. I looked at buying a rental property but that didn’t happen. I have a different house I’m looking [...]

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Amazon $5 Gift Card Winner

June 26, 2009

The $5 Amazon gift card contest is over and the winner is Jerry. Thanks to everyone for entering. I hope you will continue reading. There will be a bigger and better giveaway when I reach 500 subscribers. Encourage everyone you know to [...]

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Medical Study Update

June 25, 2009

photo credit: j.reed
I checked in today for a nine-day stay at the clinic that is conducting my medical study. It has been easy money so far but having to stay in-house for nine days will be a drag. Considering the money I am getting paid I won’t complain too much. We [...]

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Should You Concentrate or Diversify your Income Sources?

June 24, 2009

I had a challenge for myself this month to do something different every day to make extra income. I haven’t been able to come up with that many different ways to make extra income but I have had some insights based on my experience so far.
Most of the things I’ve done to make extra [...]

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Freelance Checklist

June 23, 2009

photo credit: danielbrezina.com
I was pretty amazed by the response I received to yesterday’s response. I feel like I’ve written a post just responding to all the comments. I really appreciate all the support.
In a fortuitous coincidence Trent at The Simple Dollar had a post today on “15 Things to do to Make [...]

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Defending My Dreams

June 22, 2009

It has been a dream of mine since I was young to be a writer and to own my own business. Since I have a good amount of savings, a minimum of expenses, and some income already established I am currently going to pursue that dream. I plan to make my living from my [...]

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