My January expenses were reasonable. I stayed within budget for all but one category.
|Monthly Expenses By Category||January|
|HOA / Property Tax||925|
|Utility (Electricity, Phone, DSL)||108|
|Total Fix Expenses||2,012|
|Dining Out / Grocery||321|
|Total Variable Expenses||982|
|Total Monthly Expenses||2,994|
January was a slow month in terms of spending. No gifts to buy, tons of leftover food(freezer and pantry) from last year, and no major social events to attend(except one birthday). Other than being extremely busy at work, January went by too fast and was not memorable at all. Due to the cold weather, we stayed in a lot and cooked our own meals. All the expense categories were under budget except for Misc where I had to book a trip to Vegas for February. It is a business trip related to the rental property.
January Passive Income = $ 880
January Expenses = $ 2,994
Shortage = $ 2114
My January passive income covers about 30% of my monthly expenses.