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Friday, July 5

My Frugal Miser - June Income: $5,541

June was a tough month.  I did a lot of mystery shopping, so much that my out of pocket expenses exceeded my income.  That means that July will be a good month for mystery shopping income since I will be paid for much of that work.  My rental income took a hit which will be even more pronounced in July.

Right now is a tough time for my rental property business.  Five of my properties are not earning their full potential for various reasons.  Townhouse #1 is basically ready to rent, but now I realize I will probably have to replace the air conditioner before a new tenant can move in.  Townhouse #2 (the one where my tenant passed away) should be ready to rent by the end of July.  All five of my townhouses are under-performing.  I am taking steps to get everything back on track.

June Income
$(438) Mystery Shopping
$5,672 Rental Income
$307 Other Sources
$5,541 Total Income for June

  • I don't include transactions in my retirement accounts.  This includes rental income, dividends and capital gains and losses.
  • I include merchandising and hospitality work in the mystery shopping category since the companies that I shop for provide this extra side work. 

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