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Personal Income Statement, February 2006

This article was written by in Monthly Update. 27 comments.


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.

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.

Updated July 16, 2010 and originally published March 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, also known as Flexo, 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 him and follow Luke Landes on Twitter. View all articles by .

{ 6 comments… read them below or add one }

avatar FMF

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

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avatar Luke Landes ♦127,485 (Platinum)

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

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avatar Luke Landes ♦127,485 (Platinum)

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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avatar Personal Finance Blog

Congratulations! The business income is trending up nicely!

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avatar justanotherblogger

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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avatar Luke Landes ♦127,485 (Platinum)

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

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