Spending Recap: May 16-22, 2011
Monday 16th
+ $300 freelance/side income
$51.06 gas
Tuesday 17th
No Spend Day!
Wednesday 18th
No Spend Day!
Thursday 19th – Toronto
No Spend Day!
Friday 20th – Toronto
No Spend Day!
Saturday 21st – Toronto
No Spend Day!
Sunday 22nd – Toronto
No Spend Day!
WEEKLY EXPENSES: - $51.06
WEEKLY SIDE INCOME*: + $300
TOTAL: + $248.94
Please note that while I’m on vacation, I don’t count any spending because the money has come from my Travel Fund, and therefore does not affect my monthly budget. So since my weekly spending recaps are based off of my monthly budget, no spending will be recorded. Don’t worry for those who are super curious, I always break down my vacation spending after I get back from my trip. :)
* This is all income I bring in that is above and beyond my full-time job. Money is primarily made through my two blogs and my graphic design business.
4 Responses to “Spending Recap: May 16-22, 2011”
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Nice! I should set up my travel fund too. And shopping fund and emergency fund. What do think? Do you advice your readers to make different funds for every different purpose?
My recent post Top 5 Ways to Save on Vacation Travel
I think it's whatever works best for you. For me, I have different funds for different purposes because I like seeing my money separated. For others, they don't mind having it all pooled into one savings account.
You're making great additional money; $250 net per week is substantial (that's about an extra $1k per month). How much time does it take you to make the extra money? How much of it comes from graphic design vs. blogging?
My recent post Marry a Stranger to Save 50-000 in Tuition
I'm usually averaging over $2,000 a month in extra income, and work about 20 hrs/week for that. I would say the majority of it comes from freelance writing and blogging, and maybe 10% comes from graphic design. But only because I have been turning away design contracts lately due to lack of time.