Wednesday, November 17, 2004

Current Financials

Money sources:
Online Business: $300 to $1000 per month pure profit.
Work: Two paydays per month, usually between $230 and $320 per check.
Parents: $60 per month.


Where the Money Goes:
Permanent Savings: Deposit $40 per week + 30% of money brought in.
Investment Account: Deposit $60 per week + 30% of money brought in.
Spending Account: Deposit $10 per week + 20% of money brought in.
General Account: Whatever is leftover from business + 20% of money brought in.


Current Assests:
General Account: $1,349
Business Balance: $652
Spending Account: $371
Investment Account: $963
Permanent Savings: $2,654
Backup CD Savings: $5, 036
Stock Portfolio Value: $5, 094
Credit Card Balance: $0

Synopsis:
Monthly Mandatory Additions to Perm. Savings: $160
Monthly Mandatory Additions to Inves. Account: $240
Monthly Mandatory Additions to Spend Account: $40

1 comment:

  1. Anonymous8:19 PM

    Now help me understand here nev,
    When you say "$40 per week + 30% of money brought in" do you mean 30% of total revenue for the month or 30% of any money on top of the mandatory additions to these accounts?

    ReplyDelete

Please restrict your comments to the topic at hand, for the benefit of all who may be reading. Thank you!
-Neville
NevBlog Comment Policy.