February Income: $12,937.50
This is before 19% year-end taxes, so my real “net” is $10,479.37.
February Expenses: $3620.13
$2643.01 – Business-related
$977.12 – Personal expenses
NET EARNED: $9317.37
BUDGET BREAKDOWN: $3620.13
Ouch.
This is where business & personal are inextricably linked.
Business: $2643.01
I’m traveling Monday to Thursday to work in another city, and I am incurring a lot of extra expenses.
Note: I’m taking a rental car just for the winter until the snow & ice melt and it becomes safer to drive my own car.
I was pretty thrilled to have the rental last week, as a snowstorm moved in, and we were crawling at 60 km/h on the highway. It was slippery and very dangerous!
The car I own was just meant to drive within the city to clients, not city-to-city for 4 hours a week on the highway. It’s 10+ years old and I’d rather pay and be safe than be cheap and sorry.
Personal: $977.12
Just squeaked under $1000 this month.
NET WORTH = $60,241.17
Increased by $6928.24 or 12.52%
Assets
- Cash: $88.55
- Savings: $7038.82
- Business: $10,051.69
- Business Accounts Receivable: $12,937.50
- Retirement: $30,124.61
Retirement took a bit of a beating this month, but I’m a long-term investor so I’m just going to chill out rather than freak out.
Will also max my TFSA before I receive the first payment from my client at the end of March, taking it out of savings instead.
Debts
- $0
Just a girl trying to find a balance between being a Shopaholic and a Saver.
I cleared $60,000 in 18 months earning $65,000 gross/year.
Now I am self-employed, and you can read more about 
