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.
I’d like to say that I set a personal record for income this month, but I’d be wrong. I earned about $1,000 more before expenses in March 2006 thanks to my annual bonus. On the other hand, this is the most I’ve earned outside my regular paycheck. I don’t expect that to continue; in fact, February may seem like a disappointment in comparison. If you’re interested in reading more about my side job income, I generally write more about blogging and online income on Meta.
I need to start seriously considering tax liability rather than just letting myself be surprised when I calculate my return, which is what will happen this year. I’m going to end up with a significant bill, so I’d rather deal with taxes on a quarterly basis.
One of my goals for 2007 is to cut back on my food-related spending. That hasn’t happened yet. This is going to require a conscious effort to buy the right groceries, prepare my lunches, and motivate myself to eat healthier. I’ve failed at this in the past, so I’m really going to have to motivate myself using whatever means possible.
Nothing else seems out of the ordinary. My electricity bill seems to be following the same pattern as last year, so I expect that to continue. I will need to purchase airline tickets for a trip to California in April, so that will be a large expense. Airfare seems to get more expensive each year. It will be affordable, but the longer I wait as April approaches, the more expensive it will be.
Updated February 6, 2012 and originally published February 2, 2007.