Thursday, October 20, 2016
September 2016 Income & Expenses
The amounts below are cash amounts and are net of taxes, insurance, 401k contributions, HSA, etc. In other words, the amounts are what get deposited and withdrawn from my accounts.
Day job (take home pay) --- $12907.95
Dividends/Interest --- $535.72
Total net income --- $13443.67
Expenses --- $6733 (Taken from Mint)
Savings $6710.67 --- Rate 49.94%
After hitting a record low savings rating in August, I bounced backed nicely saving 50% of my income for the month. Expenses were still on the high side, but my income was my highest amount so far for 2016.
Considering I prepaid a 4 day cruise last month, I feel really good about last month and will continue to work on my daily living expenses, I have noticed a trend this year that "one-time" anomalies are becoming monthly occurrences so I better tighten things up.
My day job income was outstanding last month which was surprising considering the election is so close. October will not be as kind as we are tracking for our worst month of the year. Make hay while the sun shines I guess.
It also feels good seeing some real progress from the passive income front. I probably should start reporting my interest income from Lending Club as well. I might hit the $100 mark in October.