At the end of every month, I grab a cup of piping hot coffee, and sit down in front of my laptop to finalise my monthly income, expenses, and savings. Without further ado, here are the numbers.
Thoughts On My May 2018 Income:
In my previous income report, I forgot to include the bank interest that I have been receiving every month. (Oops.)
This month, I also discovered the beauty of credit cards, and I hope to make more money from credit cards this year.
Although my full-time corporate job and numerous side hustles keep my schedule extremely hectic, it’s been another decent month for making money. And I’m happy about that.
Thoughts On My May 2018 Expenses and Savings:
A 75% savings rate! A pretty good improvement from last month’s 70% savings rate.
I didn’t have blogging expenses, many gifts to buy, or lots of outings to attend. That stuff really adds up.
The Progress I’ve Made:
57% left, almost half-way there!
It looks like I’m on track to meet my savings goal!
And That’s it for this Month’s Income and Savings Report!
I try to maximise the use of visuals (charts) and minimise my random musings, to keep these reports as simple as possible.
Hopefully, you enjoyed this or took something away from this.
The plan is to do up regular monthly income and savings reports. These monthly reports will detail my income, savings, and expenditure every month, down to the nearest $5 or $10. If you’re interested, you can check them out at this link to see how much I’ve saved and the progress I’ve been making.
Thanks for reading!