October Income – $1586.35

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

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.

September Investment Income – $83.28

My September investment income rose to $83.28 from $82.51 the month before.  This isn’t much of a rise but at least my income is going in the right direction.  I didn’t add any money to my investments in September so the rise was from investment portfolio increasing in value.  I plan to add a little money to my portfolio this month so I should have another rise in my investment income unless my stocks tank.

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.

September Income – $385.07

Here is a breakdown of my income for September.

Online Income

$215.10

Interest

$77.86

Stock Dividends

$86.11

Survey

$6

Total

$385.07

September was not a good month for income.  This isn’t too surprising since I was traveling for most of the month.  On the positive side $385.07 isn’t bad income since most of it was passive income.  I’ve already passed September’s income this month so October should be a much better month for income.

September Expenses – $1435.49

Here is a breakdown of my expenses for September.

Household

$136.63

Entertainment

$71.45

Transportation

$11.89

Food

$162.56

Medical/Dental

$61.66

Phone

$34.67

Travel

$774.63

Debt

$182.00

Total

$1435.49

My expenses were higher than I would prefer in September but not too bad considering I was traveling most of the month. The travel expense was the budget killer. This amount was what I spent on airfare, hotel rooms, taxis, and buses. I find it hard to believe I spent that much but I did. I probably won’t travel at all this month so this category will go down to zero. The food budget was also high since I ate out for most of my meals. My food expense should go back to normal this month.  My household expense was  low this month since my GF allowed me to not pay rent while I was gone.  This amount will go back to normal this month.  My transportation expense was low this month since most of my transportation costs were included in the travel category.  That expense will go up this month but it should still be fairly low.  My other categories should remain about the same.

It is now obvious that I will not meet my goal of keeping my expenses to under $10,000 for the year.  I may have already passed that expense level but I haven’t added up my monthly expenses yet to be sure.  I will still try to keep my expenses low for the rest of the year and I will probably set a similar goal next year.