Expense/Income Tracking

Here is a breakdown of my income for July.

Online income was down because I didn’t receive an Adsense payment or sell any links in July. Also I paid for one more year of hosting for this site and two others. Job income will most likely go down in August because I will hopefully be returning to school. Interest income will also go down because I’m ending my credit card arbitrage. My other sources of income will probably be about the same.

Here is the summary of my July expenses.

My transportation expense for the month was very high. This was due to having almost $600 in repairs done to my car and using lots of gas for work. This should be lower in August although my car still needs a repair which I’m not sure how much it will cost. I’m almost done with my dental work. I should only get one filling this month making my dental total much lower. After that I’m  thinking about getting some dental implants which would be very expensive. All other categories should remain roughly the same.

Here is a summary of my income for June.

I’m pleased with the increase in income. My job income should go up in July because I’ll receive a third paycheck for one job due to how the paydays fall. Online income for June includes a Google payout and a text link sale. Since neither of these is likely to happen again in July the online income total will go down. Ebay/Half income will also probably be down. Medical study income will only be $100 this month. The other sources of income will remain roughly the same and won’t make a significant difference in my income.

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Here is the summary of my June expenses.

The Utilities total includes the purchase of a new cell phone and my last natural gas bill. With not having those expenses in July this total should come down significantly. The transportation total includes a parking ticket,car repair, insurance, personal property tax, and registration. Since none of these expenses should recur this month this total should also be reduced significantly. I spent too much on food last month, I plan to cut that down to $75 for this month. My entertainment expense should be slightly lower this month.

My medical/dental expense will be larger this month because I’m having lots of dental work done. I hope to use any money saved from cutting other expense categories to pay down my debt so the debt expense total should also increase.

Here is my income for May.

Although my earnings increased quite a bit they didn’t keep up with my spending. I was rather surprised by how much more I spent than I earned. I didn’t go in debt I just spent down the money I had in my bank accounts. I have no cushion now but my next move is to build an emergency fund.