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Personal Income Statement, February 2006

by Flexo on March 1, 2006

in Monthly Update

As promised, here is my personal income and expense statement. Putting this together helps me visualize where my money is coming from and where it’s going. Read on.

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I included February 2005 for comparison with last month. This year, March is the month for that. The “Other Inc, Bus” income account includes some longer-term contracts, so although I received the cash now, some is for services over the next few months.

I’m saving about $50 by planning my meals better and occasionally preparing my lunch early and bringing it into work. I can do better if I more diligently bring in those lunches.

My household expenses were high due to some purchases including clothing for work and new networking equipment. The wires around my apartment were starting to bug my girlfriend, so I went wireless.

Nothing else seems out of the ordinary; in fact, it looks kind of boring.

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About the Author

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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{ 6 comments… read them below or add one }

1 FMF March 2, 2006 at 9:01 am

Where’s that $1 million bonus you got for joining the MoneyBlogNetwork? ;-)

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2 Flexo March 2, 2006 at 9:47 am

Whatever fantasy world you’re living in, I could use an invitation. :-)

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3 Flexo March 2, 2006 at 9:55 am

Just noticed this — I only spent $16 on entertainment. That’s unlike me, but I guess I’ve been pretty busy.

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4 Personal Finance Blog March 3, 2006 at 3:56 am

Congratulations! The business income is trending up nicely!

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5 justanotherblogger March 3, 2006 at 4:43 pm

wow I don’t think I make that much more than you, but I pay double the taxes! How many exemptions are you taking?

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6 Flexo March 4, 2006 at 8:22 am

4 for federal, 2 for state. I’ll reduce federal to 2 in April.

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