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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Saturday, April 4

My Frugal Miser - March Income: $10,004

March will be the last 5-figure month for income for the foreseeable future.

The Airbnb was occupied nearly the entire month.  We had a 28 booking which paid out in February, so the income isn't reflective of that.  This income will be dramatically lower in April.

I was in the middle of a meeting in early March when it was cancelled.  Fortunately I was paid for the entire meeting as well as another meeting I was scheduled to work.  Meeting income will be zero in April as our industry is completely shuttered.

Rental income includes the two houses in Birmingham but not the condo, as the tenant in the condo did not pay his March rent.

I received a $500 bonus for a credit card I opened, which is reported in Other Sources.

As everything else shut down, I focused on delivering for Amazon and Doordash.  It's a fraction of what I earn elsewhere, but at least it's something.  Contrary to the news, delivering for Amazon is worse now than it's been in the four years I've been a driver.  The company overhired drivers and eliminated daytime routes for "Flex" drivers in favor of the third party companies that drive the blue vans.  Doordash is meager, less than minimum wage, except on weekend nights.  During weekdays, most of the deliveries are for Walmart groceries, and not everyone tips.  It's a shame that drivers are risking their lives, yet some customers are too stingy to tip the driver for the service.

We applied for unemployment on March 28th.  I will include that income in future months assuming it gets approved.

March Income: $10,004

$81 Mystery Shopping
$3,810 Meeting Jobs
$275 Gig Apps (Rideshare, Scooter Charging, etc.)
$1,605 Amazon Deliveries
$2,365 Rental Income
$1,321 Airbnb Income
$24 Interest Income
$555 Other Sources

Investment Accounts Change in Value:  ($95,278)

My investment accounts were slaughtered in March.  I am optimistic about my two largest positions:  Vereit and bonds I own with Southwestern Energy.  Both were way down last month.  My other large positions are in Carnival Cruise Lines, Tailored Brands (owner of Men's Wearhouse), and AMC Theaters.  Those three companies are shuttered and the outlook is bleak.  I know the economy will take a long time to recover but I am optimistic and currently plan to hold onto most of my stocks.

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