Today's Focus

Current Goal: Automate Savings and Mortgage Paydown

1) Extra $1,100/mo. to mortgage
2) $1,000/mo. to short-term savings
3) $400/mo. to investing

Previous Goal: Eliminate Mortgage on Rental Property
Interest Rate is 5.125%!

January 1, 2019: $59,592
August 11, 2020: PAID!


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Monday, February 7

My Frugal Miser - January Income: $7,573

January was a decent month - before we opened the restaurant we had allocated a pre-opening salary, but we deferred paying it until 2011 to avoid issuing W-2s. It doesn't look like I'll be taking much of a salary any time soon so January will be the exception, not the norm.



January Income
$957 Mystery Shopping*
$3,289 Rental Income
$3,000 Salary
$326 Other Sources
$7,573 Total Income for November
*I did virtually no mystery shopping in January; this represents payments made for work done in the past.

Notes:

  • Rental income was lower than normal. I paid fire dues on 4 properties and had a couple of other irregular bills.
  • The category "Other Sources" includes non-recurring (or semi-recurring) income since I always seem to have a little something that doesn't fall into the other buckets.

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