As featured in The Wall Street Journal, Money Magazine, and more!
     

Personal Income Statement, September 2006 (Net Income: $4,200)

This article was written by in Monthly Update. 2 comments.


There are several interesting notes about September’s income and expenses, but fiirst, here are the details.

2006091.gif

My higher salary did not come from an unexpected raise. In September, my company scheduled three paydays. This is almost like “found money” if you budget for two paychecks every month. Sadly, this is not how I do things. The money in the third paycheck is already accounted for.

Income from my side businesses stayed high this month, despite my expectations last month. I’m still not counting any growth in this category.

Somehow, I cut my fuel expenses in half since August. I’m not sure how this happened as the recent drop in gasoline prices couldn’t have accounted for all of that. Perhaps I visited my girlfriend less frequently, but I haven’t been keeping track.

My dining out expenses were up. Eating lunch out with my coworkers is a bit of a financial strain. I like the people I spend the time with, but perhaps I can cut back. The cafeteria is not much less expensive, or even more expensive, than our trips to Wendy’s, but I’ll have to cut back on the days we go to IHOP.

Entertainment expenses were very high this month, thanks mostly due to the Mets games I attended with my girlfriend. We visited the Diamond Club for the first time. It was fun, but not something I’d do too often, particularly more than once a year. Some of that expense also fell in the “Dining Out” category.

My promotional price for high-speed (officially 8 Mbps that performs like 12 Mbps) cable internet has expired, so at some point this month I’ll evaluate my options. My rent expense has normalized to $901 after paying some fees that go along with my lease renewal.

That’s it for this month. What I don’t understand is how, while my numbers look good, I still feel like I don’t have money to spare. I suppose this is due to everything being immediately distributed to various savings accounts. I may be doing this overzealously, and it might come back to bite me in October.

Updated February 6, 2012 and originally published October 2, 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.

Email Email Print Print
avatar
Points: ♦127,380
Rank: Platinum
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 .

{ 2 comments… read them below or add one }

avatar henry

Better budget for a couple of Mets playoff tickets.

Reply to this comment

avatar jim

Unfortunately you won’t have to do that anymore…. :(

Reply to this comment

Leave a Comment

Connect with Facebook

Note: Use your name or a unique handle, not the name of a website or business. No deep links or business URLs are allowed. Spam, including promotional linking to a company website, will be deleted. By submitting your comment you are agreeing to these terms and conditions.

Notify me of followup comments via e-mail. You can also subscribe without commenting.

Previous post:

Next post: