Sunday, February 1, 2009

End of the Month Update--January

These were my goals for the month of January:
  1. Invoice at least $4000.
  2. Pay off at least $400 of debt.
  3. Pay quarterly taxes ($4000 from taxes fund).
  4. Bring in at least $250 in alternative income (ebay sales, etsy sales, surveys, etc.).
  5. Line up regular work for February.
And here's what actually happened:
  1. I did much better than I expected with my earnings in January. I invoiced 4927.43, almost a thousand dollars over the goal!
  2. The debt paydown was another story. Partly because I transferred a balance and partly because I was just reluctant to pay more than the minimums, I only reduced my debt by another $96.32.
  3. I did pay my quarterly taxes, but I only sent $3000 to the feds, which means I need to come up with a whopping payment for April.
  4. I only succeeded in bringing in $101.85 in alternative income, mostly from eBay and Half.com.
  5. This is where I really blew it, although not for lack of trying. I have no work deadlines scheduled for the entire month of February. Some last-minute jobs may pop up (one already has), but I can't really count on that. I'm really going to have to come up with some kind of brilliant money-making idea if I want to avoid raiding my e-fund in March.
So here are my new goals for February:
  1. Invoice at least $4000.
  2. Line up at least $6000 of work for March.
  3. Earn at least $500 in alternative income.
  4. Pay another $400 towards debt.
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