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Income Statement, January 2006

This article was written by in Monthly Update. 6 comments.

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.

Updated July 16, 2010 and originally published February 1, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 3 comments… read them below or add one }

avatar FMF

Why is your salary down $600? Did you deduct something from it before you put it here?

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avatar Luke Landes

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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avatar FMF

Ok. Just noticed that and it seemed to really stand out.

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