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Monthly Update

Personal Income Statement, October 2007 (Net Income: $5,851)

by Luke Landes

This article is a companion to the personal balance sheet, posted earlier this morning. Inside, I take a look at my spending and income throughout the month of October. October was another fairly ordinary month, with only a couple of extra expenses included. After reviewing my expense categories for the month, I found a few ... Continue reading this article…

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Personal Balance Sheet, October 2007 ($119,970, +6.4%)

by Luke Landes

For those of you new to Consumerism Commentary, one unique feature — in fact it was the original purpose for starting this blog — is the fact that I publish my financial reports at the end of each month. This post is my balance sheet, which measures my “modified net worth.” It’s a calculation of ... Continue reading this article…

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Personal Income Statement, September 2007 (Net Income: $7,529)

by Luke Landes

This is the second article in my monthly short series in which I report my financial details. This income report goes along with the balance sheet recently posted. September was more of a typical month than the past few. I had fewer out of the ordinary expenses, but I’ll get to that in a little ... Continue reading this article…

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Personal Balance Sheet, September 2007 ($116,475, +9.4%)

by Luke Landes

This may seem “weird” to new Consumerism Commentary readers, but this blog started as a place for me to semi-publicly track my financial progress. Each month, I take a look at my finances in excruciating detail, and now it’s time to look at my “modified net worth” for the end of the month of September ... Continue reading this article…

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Personal Income Statement, August 2007 (Net Income: $5,868)

by Luke Landes

This is the second article in my monthly financial reporting; in order to get a full picture of how I fared in August, take a look at my balance sheet posted last night in addition to this article. A vacation, a living room upgrade, and a new bedroom furniture set provided a negative force on ... Continue reading this article…

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Personal Balance Sheet, August 2007 ($107,488, +6.3%)

by Luke Landes

As regular readers know, at the beginning of every month, I check in with some financial reporting. This helps keep me focused on making better decisions throughout the month concerning use and abuse of my money. Keeping track of my finances was what originally started me on the path not necessarily to getting “rich,” but ... Continue reading this article…

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Personal Income Statement, July 2007 (Net Income: $4,646)

by Luke Landes

to get a complete picture of my finances as of July 31, 2007, please read my latest balance sheet if you haven’t done so already. This is the second part of my monthly reporting, the income and expense statement. This was another out-of-the-ordinary month. The lease on my new apartment began at the end of ... Continue reading this article…

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Personal Balance Sheet, July 2007 ($102,011, +2.4%)

by Luke Landes

If you’re new to Consumerism Commentary, this may seem like a strange concept. Every month I share my financial reports down to the dollar. It is a summary of all of my account balances as well as a rough estimate of the value of my larger assets. It is not a complete net worth report ... Continue reading this article…

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Personal Income Statement, June 2007 (Net Income: $2,223)

by Luke Landes

Late last night, I published June’s balance sheet. This is my income and expense report, which goes hand-in-hand with the balance sheet, explaining a little bit about how my net worth changed from May 31 to June 30. Thankfully, my higher-than-normal expenses were matched by higher-than-normal income. Here are the details.

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Personal Balance Sheet, June 2007 ($99,506, +1.33%)

by Luke Landes

The balance sheet I’ve been tabulating for the past few years leaves out a few important items. My report doesn’t include my personal property other than my car, nor does it include the tax I’d have to pay if I liquidated all of my assets. Therefore, it’s not accurate to call the bottom line my ... Continue reading this article…

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Personal Income Statement, May 2007 (Net Income: $8,173)

by Luke Landes

If you haven’t already, please read my May balance sheet for the first part of this story. After an April in which my expenses outweighed my income (thanks to gifts purchased and tax owed), I was back in the game in May and posted a net income above $8,173, although almost $3,000 is “realized gain” ... Continue reading this article…

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Personal Balance Sheet, May 2007 ($98,224, +8.65%)

by Luke Landes

Thanks to more cash on hand and some investment growth, in May I came precariously close to a personal milestone: a six-figure net worth. This may not be that significant to most people; in fact, I’m not quite sure there is any significance for me. The actual number isn’t as important as what I’m doing ... Continue reading this article…

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Personal Income Statement, April 2007 (Net Loss: $117)

by Luke Landes

Have you checked out my latest net worth report? Here is its companion, my income and expense report for April 2007. Although my bottom line increased this past month, it wasn’t due to saving or spending. My income this month totaled $7,731, but my expenses came to $7,848. This was the first month in a ... Continue reading this article…

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Personal Balance Sheet, April 2007 ($90,496, +2.41%)

by Luke Landes

After a strong net worth increase in March, April ended up a little cooler. Now that I re-combined my “business” assets and liabilities with the rest of my finances, I’m looking at slightly different numbers than last month’s report. My liquid accounts are down this month by 5.21 percent, thanks to a hefty tax bill. This ... Continue reading this article…

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Personal Income Statement, March 2007 (Net Income: $13,529)

by Luke Landes

As I mentioned in my latest net worth report, in March I fared much better than February, thanks to a confluence of a few events. I’ll get to that shortly. To summarize, my income totaled over $18,000 this past month thanks to a three-paycheck month, a bonus, higher than average income from my side business, ... Continue reading this article…

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Personal Balance Sheet, March 2007 ($87,999, +13.81%)

by Luke Landes

In the same respect that February 2007 was not the best, March provided significant improvement for my bottom line. My liquid accounts are up more than 21 percent, and my investments (including contributions) are up 9.69 percent. Over the past few months, I started separating my business assets, but now that I’ve given it some thought, I’m ... Continue reading this article…

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Personal Income Statement, February 2007 (Net Income: $3,057)

by Luke Landes

February was another positive month, little thanks to the day job. Don’t get me wrong, I’m happy to have a steady job where I’m appreciated and benefits are provided at low cost. Even though I’m keeping my expenses down, I’m still relying on my side income to get me through the month. I also received ... Continue reading this article…

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Personal Balance Sheet, February 2007 ($77,994, +3.66%)

by Luke Landes

February wasn’t as nice to me as January was, particularly thanks to the stock market issues in the last days of the month. So while overall I’m only up 3.66 percent in the last month, my non-invested accounts are up 7.23 percent. Here are some notes. I’m now including a line for my company stock purchase plan ... Continue reading this article…

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Personal Income Statement, January 2007 (Net Income: $5,415)

by Luke Landes

If every month this year turns out like January 2007, I’ll have nothing to complain about, except the amount of work I have to do. You might want to check my balance sheet first, or jump right into my income and expenses.

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Personal Income Statement, December 2006 (Net Income: $2,866)

by Luke Landes

The following table describes my income and expenses for the month of December 2006. It follows my balance sheet, so if you’re interested in peeking into my finances, take a look there first. Otherwise, read on to find out how I ended up with $2,866 after all my expenses were paid this month.

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