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Home > End of September-- with great news :)

End of September-- with great news :)

September 30th, 2010 at 09:17 pm

Well, it is in fact the last day of september. I can't believe that the time has flown by so quickly!! It was a rather exciting month for me because... it's the highest total for freelancing income I've hit yet! Nothing *terribly* groundbreaking, but I made a total of $542.51 this month freelancing alone. With drill pay and babysitting income it pulled my total income for the month to $870.82!

While this doesn't seem like much (and it's not), I didn't have my GI bill payment. So starting in October, that income will be raised by $533, and I'll be doing well (at least well enough). I'm also hoping that the freelancing income will improve. I picked up 2 new clients in the last week, and I also have to big articles that I'll be publishing this month ($100 each woo!). So I know this coming month will be a good one.

It's exciting to think about. If I can build my career up even more, I'll be in a really good place.

I haven't really made any business-related expenditures yet, but I think a big one is coming up... I really want to buy a good camera. A digital SLR, and very possibly a Canon Rebel. I'm really looking to spend under $600, and I know I just paid my CC off, but I'm definitely willing to charge it-- because I really want it before vacation. My trip to Micronesia in December will be so much better if I have it... I really want some stellar photos, and I can certainly use the camera for my writing and blogging.

I dont really make too many big technological purchases. I spent a whopping $300 on my laptop. I had the same phone I got free with my contract until the contracted ended and I got another free one. I'm really not into frivolous purchases, but I really want to learn more about photography, and have the proper equipment to do it well.

I'm not really trying to self-justify here. I'm getting one, no matter! lol. It's just really important to me (I guess important enough to bore you with it).

What I'm curious about is if I can list it as a business expense when tax time comes around... hmm. If so, that would be pretty stellar. I'm rather excited for tax season. lol. I'm expecting a rather large(r) return this year... and it wont all go to my CC Smile

So. Other than that, there's not much to say. My goals this month were:

[ ]Stay under budget
[x]Don’t spend any money on clothes
[x]Don’t use CC at all
[x]Generate $400 in Freelancing Income
[x]Keep track of finances all month
[x]Put $200 in savings

The only one I did not accomplish was staying under budget. BUT, I was only $20.65 over-- and I had the unexpected expense of paying for my GRE registration ($160). So really, I count it a total win. Of course, I did not get all the car repairs I had planned on getting done... so that means a bigger budget for next month. Thank goodness I'll have so much extra income!

Alright, I'm done for now. Cheers, everyone!

Posted in Daily Little Blurbs, Goals, The Budget | 4 Comments »

4 Responses to “End of September-- with great news :) ”

  1. ceejay74 Says:
    September 30th, 2010 at 09:53 pm 1285883596
    1285883596

    Congratulations! You can do a depreciation worksheet, and as long as you plan to use the camera solely (ahem) for business purposes for years to come, you can depreciate it all in one year. I forget the exact terminology, but if you go to H&R Block or a similar place, they should be able to do it. Although check how much they will charge to add that to your preparation, because it may cancel out the tax benefit of claiming the depreciation in the first place.

  2. librarylady Says:
    September 30th, 2010 at 09:56 pm 1285883763
    1285883763

    Good job! I wish I were as wise when I was your age. It sounds as though you have a very bright future. I'm particularly impressed with the articles being published. That is so cool! Keep up the good work. I think you have def earned the camera.

  3. dmontngrey Says:
    October 1st, 2010 at 05:11 pm 1285953089
    1285953089

    No justification needed - a good camera would be an excellent investment for you! I would love a digital SLR myself, but I'm hoping they start getting smaller. My little Olympus point and shoot takes good pics and is the size of my phone. I can't imagine the kind of pics I could take with a "real" camera!

  4. Jerry Says:
    October 2nd, 2010 at 10:47 am 1286016464
    1286016464

    You did well, especially considering the $160 hit for the GRE. I am preparing to write the USMLE exam, and that leads to a big chunk from the budget (especially since I have to fly elsewhere to take it). I think that the camera sounds great! For a purchase like that, I would add in electronics insurance. It's cheap, and it covers your gear -- a good idea if you are heading to... um... Micronesia, for example? =)
    Jerry

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