Layout:
Home > Category: Net Worth

Viewing the 'Net Worth' Category

January Cash Flow!

February 15th, 2007 at 05:03 am

Incoming (all figures are after tax):

$3,719 salary
$800 housing
$277 misc
Total: $4,796


Outgoing:
$557 car payment, gasoline, tolls, parking
$101 cable, broadband, phone
$39 cell phone
$270 utilities
$2,175 housing
$175 student loan payment
$100 clothing
$292 dining out
$149 groceries
$92 household
$225 education - textbooks
$50 gift - friend's house warming
$28 company store - gifts
$301 auto insurance
$166 credit card interests
$24 train rides to/from airport
Total: $4,744


Net:
Difference: $52


* As I began my MBA classes, I shelled out about $250 for textbooks.

* Food expenditures seem to be on the rise, totally about $450 this month.

* Looking forward to big bonus in February, probably enough to wipe out CC3 and part of CC1. Also, the federal tax refund would help as well.

December Cash Flow!

January 9th, 2007 at 05:32 am

After a month of shopping and eating, the time has finally arrived to tally up the staggering expenses. This is also a good month for income, as there are three Friday paydays.

Incoming (all figures are after-tax):

$5,558 salary
$800 housing
$50 misc
Total: $6,408


Outgoing:
$483 car payment, gasoline, tolls, parking
$101 cable, broadband, phone
$40 cell phone
$97 utilities
$2,175 housing
$275 student loan payment
$80 cash withdrawal
$84 clothing
$153 dining out
$230 groceries
$106 contacts, medicine
$173 household
$457 leisure - Christmas gift shopping
$122 company store - Christmas gift shopping
$34 post office - shipping those gifts
$19 train rides to/from airport
$483 plane tickets to
Text is Houston and Link is houston.sidewalk.com
Houston
Total: $5,112


Net:
Difference: $1,296


* December is unusually due to the higher income and expenses (now every month has its reason to be unusual).

* About $600 was spent on Christmas presents. Mostly for parents and myself :-)

* About $500 was spent on Christmas travel, including plane tickets and train tickets. For some reason, travel this time costs more than before. I guess plane tickets have been going up.

* The extra money left over will be most likely going toward credit card loans.

November Cash Flow!

December 14th, 2006 at 05:42 am

Uh oh, it's middle of December already and I am just posting my November cash flow. Why have I been slacking? Well, first, I'm finally done with holiday shopping today, both online and offline! Second, work has been hectic. There're samples needed for a public relations (PR) event in Asia-Pacific region, yet circumstances
keep coming up to delay it and I'm the one needs to resolve it. I was truly in a panic mode yesterday.

Incoming (all figures are after-tax):

$3,668 salary
$800 housing
$374 misc
Total: $4,841


Outgoing:
$466 car payment, gas, tolls, parking
$101 triple play - cable, broadband, phone
$40 cell phone
$142 utilities
$2,145 housing
$211 student loan payment
$140 cash withdrawal
$125 charitable donation
$13 clothing
$237 dining out
$71 groceries
$7 household
* $635 insurance premium
$173 leisure - black Friday shopping
$20 gift - pet toy
$12 post office - stamps, packages
* $337 travel - plane tickets to Chicago (
Text is MDW and Link is www.fly.faa.gov/flyfaa/flyfaaindex.jsp?ARPT=MDW&p=0
MDW)
$91 misc - bars, clubs, dry clean
Total: $4,966


Net:
Difference: ($125)


:: Three months after starting a new job, my income and expenses are gradually stabilizing into more predictable numbers.

:: This month, November that is, the income is within 10% of
Text is previous month and Link is jen-taylor.savingadvice.com/2006/11/06/october-cash-flow_16817/#comments
previous month.

:: From expenses categories, it seems like about $300 on food (groceries and dining out) and I also eat out a lot more than cooking. Approximately half of the cash withdrawal went to eating out? It's hard to track when everyone just put in cash.

:: The one-time insurance premium would not be present for December, and the one-time trip cost would not be present, that's about $970 toward positive cashflow.

Although November ended slightly negative, December is looking good!

October cash flow!

November 6th, 2006 at 03:32 pm

On Sunday evening, I took a little time and tallied up all my incomes and expenses.

Incoming (all figures are after-tax):

$3,668 salary
$800 housing
$110 misc
Total: $4,578


Outgoing:
$488 car payment, gas, tolls, parking
$101 cable, broadband, phone
$45 cell phone
$54 utilities
$2,145 housing
$200 student loan
$180 cash withdrawal
$100 charitable donation
$175 clothing
$174 dining out
$233 groceries
$75 household
$290 car insurance
$73 credit card interest
Total: $4,350


Net:
Differentce: $228 => credit card payment?


With my living arrangement right now, I write checks for $2,145 each month while getting $800 paid back. In short, I spent $1,345 on housing each month. The $290 car insurance is quarterly, so it won't show next month. The $175 clothing shouldn't be there next month :-)

In November, I look forward to cutting back on dining out, clothing, and random cash withdrawal. Good news, no black hole this month!

September cash flow!

November 1st, 2006 at 04:04 pm

Since I started the

Text is Money Crunch and Link is jen-taylor.savingadvice.com
Money Crunch blog, I learned that one important thing is to manage the cash flow. I spent some time and tracked down my incoming cash and expenses for September. I hope this would give me a more revealing picture of my finances. I welcome your suggestions and comments as well!

Incoming (all figures are after-tax):
$4,200 signing bonus
$5,769 salary and misc
Total: $9,969


Outgoing:
$645 Automobile - car payment, gas, tolls, parking
$2,492 Bills - housing, utilities, cell phone
$560 Cash withdrawal - probably goes to dining out
$171 Clothing
$150 Dining out
$262 Groceries
$141 Household - things to make the place clean and tidy
$402 Leisure
$201 Vacation - plane tickets, hotel to a wedding in
Text is Austin and Link is austin360.com
Austin,
Text is Texas and Link is traveltex.com
Texas
$900 Misc - black hole
Total: $5,924


The numbers are not typical, since it includes:
* one-time signing bonus (after scary 40% combined
Text is federal and Link is firstgov.gov
federal and
Text is NYS and Link is iloveny.com
NYS tax rates)
* one-time security deposit
* one-time moving charges

I expect income to stabilize around $4,500. Since I get paid bi-weekly, some months have 2, some have 3 paychecks. I expect expense to drop to about $3,500, well, assuming I'll eat out and play less.

My goal is to put $1,000 to $1,600 into savings each month!

I'm going to tally up the income & expenses for month of October (
Text is October cash flow and Link is jen-taylor.savingadvice.com/2006/11/06/october-cash-flow_16817/
October cash flow), then post it here soon. In the mean time, I'm going to write a bit about financial things. Stay tuned!