Expense/Income Tracking

January Investment Income – $97.23

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My January investment income rose to $97.23 from $95.71 in November. I didn’t get around to calculating my investment income for December. I’m pretty close to $100 and barring any disasters should make that goal this year. My ultimate goal is $1000 a month. To reach that goal I’m going to have to start investing more rather than just relying on stock increases and reinvested dividends to get my gains.

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. My goal is to get this amount to $1000 a month. If I have $1000 in monthly passive investment income I will be able to retire early. You can see what my actual investment income for the month was by looking at my monthly income report and adding the interest and dividend amounts.

Online Income Report – December 2010

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Here is a breakdown of my online income for December 2010.

Google Adsense – $195.56

Affiliate Income – $1095

Brokered Ads – $49.88

Direct Ads – $171.36

Total – $1511.80

My online income was once again over $1000 in December.  This was by far my best year for making money online.  I came close to grossing five figures.  My goal for this year is to make a five figure profit.  It looks like I will have a pretty good start this month although I haven’t made much affiliate income for next month.  On the plus side I have picked up a couple more monthly text links which should help smooth out my income a tiny bit.

December Income – $1816.86

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Here is a breakdown of my income for December.

Online Income

$1511.80

Interest

$11.73

Stock Dividends

$111.94

Mystery Shops

$150

Bank Bonuses

$10

Survey/Cashback

$21.39

Total

$1816.86

It was a pretty good month for income.  My online income reached a new high.  If I could make that consistently I wouldn’t need to worry about a day job.  Since none of the income for the month was from a day job you might say I’m not worrying about the day job now.  My online income won’t be as high this month but it should still be over $1000 which I consider pretty good.

This month I’ll make more money from mystery shopping plus have job income.  Stock dividends will be down due to their quarterly nature.  There shouldn’t be any other big differences in my income.  My combination of alternative and passive income is working well and I plan to add to it this year.

December Expenses – $1443.16

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Here is a breakdown of my expenses for December.

Household

$755.86

Entertainment

$127.53

Transportation

 $243.23

Food

$51.69
Medical/Dental

$57.44

Utilities

$102.41
Debt $95

Total

$1443.16

My expenses for December were up a little but that mainly was because of Christmas.  My food total only includes meals I eat out by myself, that is why it is low.  Transportation was up a little because I paid my personal property tax and drove more.  I need to buy tires this month so my transportation expense will probably be high again.  My household expenses should be down significantly and everything else should be about the same.  January expenses should not be much more than my $1000 goal.

November Investment Income – $95.71

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I’m really behind on getting my posts out. This should have been posted in early December but I’m posting it now. I’ll try to get posts up quicker and more often this month.

My November investment income declined slightly to $95.71 from $96.04 the month before. Until I am able to make further contributions to my investment portfolio any gains or losses will be due to market fluctuations. I’m hoping I’ll be able to add some money in the next few months.

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. My goal is to get this amount to $1000 a month. If I have $1000 in monthly passive investment income I will be able to retire early. You can see what my actual investment income for the month was by looking at my monthly income report and adding the interest and dividend amounts.