Expense/Income Tracking

May Income – $2141.47

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Here is a breakdown of my income for May.

Online Income

$155.81

Interest/Bonuses

$72.63

Survey/Cash Back

 $54.76

Stock Dividends

$7.96

Ebay

$25.31

Medical Study

$1600

Graduation Gifts

$225

Total

$2141.47

I had a nice increase in income for May. That was mainly due to the medical study although I got a nice amount of cash as graduation gifts as well. People that know me know I prefer the gift of cash. My online income was down but that isn’t as bad as it looks. The big decrease is because I spent $164 on the Thesis theme which I expect to ultimately pay me back.

May Investment Income- $76.53

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My May investment income increased to $76.53 from $63.83 the month before. My investment income has been rapidly increasing the last few months due to the rising stock market. My Roth IRA had been slow in recovering but last month it finally started making decent progress toward recouping its earlier losses. It still has a ways to go to break even though. My personal portfolio has done much better and is showing a nice profit. This is mostly due to one stock going from $9.15 to $22. I wish I would have put more money in it now but I’m not complaining. I also added about $1600 to my stock portfolio this month. I will be putting most of the money I receive from the medical study in my stock portfolio. My investment income has almost tripled since I started tracking it last year. If I could maintain this rate of increase being able to retire early would be no worry at all.

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.

April Income- $490.30

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Here is a breakdown of my income for March.

Online Income

$379.81

Interest

$57.34

Survey

 $3

Stock Dividends

$42.87

Ebay

$7.28

Total

$490.30

My income was decent for the month considering it was all alternative income. My income should go up slightly or a lot this month as I have at least some medical study income coming and possibly a large amount of medical study income coming. If I do end up hiking my income will probably go down a little while I’m hiking but I plan to concentrate on bringing it back up when I finish the hike.

April Expenses- $825.80

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Here is a breakdown of my expenses for April.

Household

$412.16

Transportation

$12.25

Food

$59.02

Entertainment

$166.72

Education/Debt

$80.00

Phone

$33.99

Medical/Dental

$61.66

Total

$825.80

This was a good month being slightly under a $10,000 a year budget.  My food expense was a little high since this figure is only for lunches and snacks.  I need to cut back on the fast food and junk food.  Entertainment was high since I spent $80 on gambling.

My expenses for this should go down if I go on my hike.  If I don’t hike my expenses will likely go up this month.  I’d like to hike but I have an opportunity to make good money over the next couple months.  If that opportunity does not come through than I will go hiking.  Either way is pretty good.  I should find out tomorrow if I get the money-making opportunity. If so it will start almost immediately, if not I’ll be leaving for my hike on Monday.

April Investment Income- $63.83

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My investment income had another nice increase last month to $63.83 from $58.12 the month before. This was due to the gains in the stock market. My personal stock portfolio is now showing a profit and my IRA is finally starting to gain back some of its losses.

Disclaimer:This is not my actual investment income. To get this figure I first add up my retirement accounts, 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.