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Personal Income Statement, March 2006

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

Like I mentioned earlier, March was a good month for income. Here’s my income statement, which also provides a sense of how my cash flows.
Income and Expenses: March 2006

Last year, the month of March was difficult, with a large car insurance payment and unreimbursed education expense. This month, I paid more than usual to the government in the form of taxes, and that does not include the results on my 2005 income tax calculations. I’ll finish them tomorrow, and hopefully I won’t owe much.

My expenses in March were high, and if this had been a month with average income, I would have have been in bad shape. My dining expense has gone up while my groceries expense has decreased. This probably means I wasn’t shopping as efficiently as possible, and I still eat too many lunches in my company’s cafeteria.

Updated April 2, 2006 and originally published April 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 Making Our Way

Why the drop in household expenses? I assume you went on vacation, which lowered groceries, too (besides the company cafeteria), right?
It looks like a very nice month.
Have a great Sunday,
Making Our Way

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avatar Luke Landes


In February, I had higher-than-average Household expenses due to purchases in the computer/electronics subcategory (cable modem, wireless accessories) and in the clothing subcategory (found some good deals on much needed officewear). March’s spending in the Household category was a little more normal.

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avatar MM

Your March is really great. Congratulations!

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