Y’all, I am so happy with this month’s report, I can’t even. After my awful financial March, I really wanted to make back some of the lost ground this month, as well as pay off the credit card. As you know, Bob, there are two ways to increase net worth: spend less and earn more. (Yes, I am a font of PF wisdom.) My side hustling had dropped to almost nothing recently, but I set a goal of paying off the $250 I still had on my CC using solely side income, and took a few steps to increase it: I kept the usertesting window open more (and made $177)), I applied my cash-back points to my credit card ($35.84), and I spent a bit of extra time at Swagbucks (and made $50). I also put the word out that I was looking for babysitting, though nothing’s actually come through on that yet. All of that plus $20 in interest added up to $282 of side income — $30 more than my goal.
Then I got around to looking at the “spending less” side of the equation. A third of the way through the month, on April 10, I was up to $846 in expenditures (rent, cash draw, credit card expenses — see below). I started to wonder if I could make it through the following 20 days on (1) the cash I’d already withdrawn for the month and (2) $150 in other expenditures, leaving me at under $1000 for total April expenses. Did I make it?
To the numbers!
That is much better.
1) Slush: I spent $2.99 on a month’s worth of streaming radio feeds for baseball, and also bought the new Sufjan Stevens CD (before I decided to really clamp down on discretionary spending for the month.)
2) Personal/medical: drugstore stuff, co-pay for doctor’s visit.
3) Gremlins: yearly renewal of VPN subscription ($40; will reconsider whether or not I need this next year. I do like having it but don’t use it all the time); taxes owed to my previous state and county ($31)
4) Repairs: Got a couple of small things fixed on my bike.
5) Clothing: bought a t-shirt from American Apparel. It’s expensive for a basic piece, but I have had this style in another color for years and it has yet to pill or stretch or discolor at all, so hopefully this one will be worth it too.
And yes, I’m extremely proud of my total $989.87 expenditure for the month 🙂
Overall, I had a net (post-tax) income of $3561.80 in April, including paychecks, side hustle income, and pre-tax 403(b) contributions. I lived on 28% of that income (22% of gross), which is pretty darn great. The markets rose again, giving an assist despite a downturn in the last couple of days, and between that and increased income/decreased spending, I am super happy that my net worth increased $2711, for a total of $21691. Now here’s to not continuing my pattern so far this year of good month-bad month!