Expense/Income Tracking

November Income – $357.16

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Here is a breakdown of my income for November.

Online Income

$219.37

Interest

$57.36

Stock Dividends

$14.83

Bonuses

$50

Mystery Shop

$8.00

Survey/Cashback

$7.60

Total

$357.16

My November income was pretty poor. It was mostly passive income at least.  It shouldn’t be any problem increasing my income this month. I already know my online income will increase due to scheduled Adsense and affiliate payouts. Dividend income will increase since many of my stocks pay dividends this month.  I will also have job income which should help although I probably won’t be working a lot of hours.

November Expenses – $1098.55

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Here is a breakdown of my expenses for November.

Household

$440.61

Entertainment

$76.98

Transportation

 $118.99

Food

$160.25

Health

$90.66

Phone

$46.06

Debt

 $165.00

Total

$1098.55

I wasn’t too far off my goal of keeping my monthly expenses under $1000. Considering I moved into a new apartment this expense level is reasonable. My food category was pretty high which isn’t surprising since I had at least 30 restaurant meals during the month. That category should be much lower this month.  I might be able to shave a little off my entertainment budget.  My transportation expense will go up because I have to do a lot more driving now that I have a job.  Everything else should stay about the same.

If you are eligible for part of the $500 giveaway I would still like to hear your opinion on how to distribute the money.

October Expenses – $1446.44

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Here is a breakdown of my expenses for September.

Household

$406.98

Entertainment

$54.61

Transportation

 $601.89

Food

$84.33

Medical/Dental

$61.66

Phone

$11.77

Education

 $52.20

Debt

 $173.00

Total

$1446.44

My expenses were a little high this month. That was mainly due to my car purchase. I left out the cost of the car purchase to keep my monthly figure from being skewed too much. I did count the expense of sales tax, registration, and insurance though which caused my transportation expense to be high. I should get my expenses back down to the $1000 level this month.

At the end of October my car had a cost per mile of $4.98. That isn’t too bad considering I had only had it a couple weeks. By the end of this month that figure should be way down. If I were to take out the purchase price from my total car cost I would obviously have a much cheaper cost per mile. Even though I could probably sell my car for close to what I bought it I am going to keep the purchase cost in my total cost since I plan to drive the car until it is near worthless.

October Income – $1586.35

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Here is a breakdown of my income for October.

Online Income

$427.46

Interest

$74.80

Stock Dividends

$17.54

Bonuses

$260

Medical Study

$800

Survey/Cashback

$6.55

Total

$1586.35

My income for October was good considering it was all alternative and passive income. It was higher than my expenses – if you don’t include my car purchase – which is always a plus. I will be hard pressed to match this amount of income in November since I don’t have any study money or bonus money coming . It is possible that I will have some income from a j-o-b this month but it will probably not add much to my total income.

October Investment Income – $85.24

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My October Investment income rose to $85.24 from $83.28 the month before. The rise was mainly due to adding more money to my stock portfolio although my portfolio did slightly rise in value also. I will probably not be able to add to my investments this month so any rise in my income will have to come from a rising market.

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. 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.