Income Statement, January 2006

I believe I’ve said it a few times already, but my latest car debacle took a chunk out of my income this month. I managed to scrape by, as you’ll see if you continue reading this post.

Since the report doesn’t include deposits into retirement accounts as expenses, even though I’m coming out ahead by $300, that’s not money I can use. Considering I invested about $500 this month through automatic investments into my Roth IRA and 401(k) including a company match, I end up with less cash in the end — as you can see in my latest balance sheet.

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Flexo, the owner and creator of Consumerism Commentary, has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about him and follow him on Twitter.

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{ 3 comments… read them below or add one }

1 FMF February 2, 2006 at 7:51 am: Why is your salary down $600? Did you deduct something from it before you put it here?
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2 Flexo February 2, 2006 at 8:51 am: My salary fluctuates with overtime (I’m non-exempt). Also, last year, we received a “Flex” credit in each paycheck to help pay for health and dental insurance, which I categorized under salary. That’s gone in 2006.
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3 FMF February 2, 2006 at 12:55 pm: Ok. Just noticed that and it seemed to really stand out.
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