Comments on: Personal Income Statement, November 2006 (Net Income: $2,250)

By: SAM

SAM — Sun, 31 Dec 2006 22:17:53 +0000

I like your breakdown for dining… I think I will steal that for my Quicken categories!
Good work.

By: Anonymous

Anonymous — Tue, 12 Dec 2006 00:46:42 +0000

Seems sweet man. Is this your only site or you have others too? Getting above 2000 bucks a month from ads is impressive.

But, yea, don’t translate it into permanent income . It is always risky.

By: Flexo

Flexo — Wed, 06 Dec 2006 04:18:27 +0000

2million: Honestly, I haven’t considered business taxes other than to step up my withholding from my day job. One of my goals for 2007 is to understand tax liabilities for earning this extra income…

By: Jake

Jake — Wed, 06 Dec 2006 03:29:40 +0000

Yeah, you definitely wouldn’t want to start spending too much of the business income and become accustomed to it. You never know how long the ride will last. That being said, you’ve been doing such a good job with all the sites you have running that you may be one of the few that quits the day job because the business income is so lucrative! Maybe you can sell Consumerism Commentary and PFBlogs for $10 Billion and make those guys at Youtube jealous!! :)

By: 2million

2million — Wed, 06 Dec 2006 00:38:42 +0000

Amazing results on the business income, congrats! I need to put more focus on increasing mine.

I assume the tax category includes fed, state, SS, and medicare? How are your tracking business taxes – are you just estimating/recognizing them quarterly?

By: Moneywalks

Moneywalks — Tue, 05 Dec 2006 05:47:58 +0000

Wow, you’ve got a great list here. Very impressive. Keep up the great work!!