My October expenses was a little bit higher than usual. I took a trip to Las Vegas.
|Monthly Expenses By Category||October|
|HOA / Property Tax||910|
|Utility (Electricity, Phone, DSL)||126|
|2nd cellphone – to be cancelled)||30|
|Total Fix Expenses||2,044|
|Dining Out / Grocery||364|
|Total Variable Expenses||895|
|Total Monthly Expenses||2,939|
Personal expenses was low in October but I took a trip to Las Vegas that cost about $350. It was related to the rental property so most of the expenses will be tax deductible at the end of the year. I also had fun while in Sin City, but luckily it was covered partially by rewards accumulated for playing an online game. I will write a separate post about that at a later time.
Not included in this table is an extra monthly payment of $300 to mortgage* principal and a $150 monthly expense for half of a rental property.
October Passive Income = $ 815
October Expenses = $ 2,939
Shortage = $ 2,124
My October passive income covers 28% of my monthly expenses.