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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Friday, October 2

My Frugal Miser - September Income: $9,967

September income was down from August, which was down from July.  Fortunately I still earned nearly twice as much as I spent.

I didn't work any meetings.  I was paid for a mystery shop I did a couple months ago.  App-based income continued to decline.  People aren't ordering delivery as much.  Amazon work was steady.

September is usually the slowest month for the Airbnb.  Things were looking bleak mid-month so I lowered rates dramatically - again - and was able to salvage the latter part of the month.  The weekends were all booked up, but mid-week was empty.   I managed to get bookings for 24 days in September thanks to price cutting.

My tenant in the condo in Birmingham did not pay rent.  He has been falling behind since the pandemic began.  

September Income: $9,967

$59 Mystery Shopping/ Merchandising
$0 Meeting Jobs
$1,391 Gig Apps (Rideshare, Food Deliveries, etc.)
$1,724 Amazon Deliveries
$2,435 Rental Income
$2,310 Airbnb Income
$22 Interest Income
$2,026 Other Sources

Investment Accounts Change in Value:  ($9,896)

My investment accounts were down.  Vereit shares declined a bit last month.

2 comments:

  1. As long as your income is twice as much as your expenses you'll be doing fine.

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    Replies
    1. Thanks, Andy. I have to pay property taxes, fire dues, and car insurance soon. Probably going to take the hit on most of that in October and get back on track in November.

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