Wednesday, September 2

My Frugal Miser - August Income: $9,811


My August income was solid.  All properties are rented except the one I am selling.  The closing date for the one I am selling is this month.  I am thrilled to be taking the first step to liquidate my Birmingham properties.  This will be a long process, as I need to get the most out of those assets as possible.

Mystery shopping and hospitality work came in strong as well, but most of that income was from work I completed in July.   I spent more time driving for Uber and Lyft and less time on other work.

I also received an unexpected check from the nursing home for $310.  My grandfather passed away in 2013 so I am unsure why they are just now settling his balance.  I imagine it had something to do with a Medicare reimbursement that covered his care.

Once the house closes, I plan to invest the proceeds.  I should start seeing additional Dividend and Interest income (reported in Other Sources) as I deploy those funds into passive investments.

August Income $9,811

$1,421 Mystery Shopping and Hospitality Jobs
$806 Uber
$197 Lyft
$6,985 Rental Income
$401 Other Sources

Notes:.  
  • I don't include transactions in my retirement accounts.  This includes rental income, dividends and capital gains and losses.
  • I don't include changes in investments from capital gains/losses or dividends.  Most of my investments are in retirement accounts anyway, but this category will grow as I start selling my rental properties and I will probably change this policy.
  • 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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