December Income – $2587.59

by Andy Hough on January 9, 2017

Here is a breakdown of my income for December.

Qapital $5
Interest $1.79
Online Income $105.85
Amazon FBA $2453.72
Cash Back $21.23
Total $2587.59

 
My December income was pretty good. Amazon sales go crazy from the last half of November through Christmas and I was able to send in quite a bit of inventory to benefit from those sales. December was my most profitable month on Amazon FBA so far. I hope I’m able to send in more inventory and do even better next holiday season. If I was able to make this much every month from FBA I wouldn’t need any other sources of income. If I was able to make this kind of money from FBA and  earn a full-time job income I’d be doing really great.

FBA income will be way down this month now that the holiday sales are over. Also, I won’t be sending in much inventory this month since my time will be taken up by my job. On the plus side, I will be working full-time this month and will make a decent amount of money. I’ll only get one paycheck  this month so my income will actually be lower this month. It should be a nice amount higher the next three months though. I plan to build up a nice cushion of savings in order to be able to travel and/or do whatever the rest of the year without being overly worried about money.

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December Expenses – $1523.68

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Here is a breakdown of my expenses for December. Household $444.82 Entertainment $0 Transportation $40 Food $56.36 Student Loan $500 Travel $0 Phone $298.88 Health $183.62 Total $1523.68 December was a low expense month. A big reason for the low expenses was the use of gift cards purchased in November that were reflected in November’s […]

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2016 Review and 2017 Plans

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Since this year is almost over it is time to reflect on how this year went and look ahead to what I would like to accomplish in 2017.  Before writing this post  I had to read last year’s post to see what my goals for this year were. That was a pretty good indication that […]

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November Income – $1470.28

December 3, 2016

Here is a breakdown of my income for November. Qapital $15 Interest $1.41 User Testing $10 Online Income $61.91 Amazon FBA $1333.53 Cash Back $48.43 Total $1470.28 My November income was an improvement over October. It still needs to be a lot higher. It should get to an okay level once I start my tax […]

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November 2016 Net Worth Update

December 2, 2016

In order to keep track of my financial progress or lack of progress I have decided to calculate my net worth each month. My net worth as of 11/2/2016 is as follows. Assets Cash – $3715(+$5) IRA – $24,056 (+179) Roth IRA – $10,228 (-$222) Solo 401k – $1010 (+$22) Car/Stuff – $4400 (-$100) Liabilities […]

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November Expenses – $2040.40

December 1, 2016

Here is a breakdown of my expenses for November. Household $450.94 Entertainment $118.67 Transportation $82.53 Food $222.65 Student Loan $500 Travel $477.06 Phone $36.79 Health $151.76 Total $2040.40 November was a high expense month.  I had a few low expense months in a row so I suppose I was due for a high expense month. […]

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