www.areyoukiddingme.com

Sometimes, life is sweet. Sometimes, life is fun. Sometimes, you're just like WTF?

Wednesday, April 27, 2005

Income VS Expenses

After doing many calculations, I've finally realized that I expend more more money than I take in. Currently, I go to school full time and work 2 part time jobs. My job's pay varies from month to month because I teach music lessons and tutor freshman composition classes and my paychecks for both jobs are distributed monthly, which means 2 paychecks per month. Currently, I'm making more money than I have in the past. However, I'll be experiencing a HUGE dry spell from May 10th through June 21st because the group classes I teach at the music school (my main source of income) will be cut off because of the recital season. Therefore, I'll be making 50% of what I'm pulling in now.

The other half of this equation includes my expenses which include my 1 bedroom apartment and utilities which totals $830 a month, food and gas which comes in at $350 a month, and then there are my "extravangances" which include my cell phone, toiletries, etc... which weigh in at around $280 a month. Grand total? $1,460 each and every month for me to live the lifestyle that I do. Is this just insane and unnecessary? Do other people need $1,460 every month to live?

My income comes in at just above this. Group classes at the music school total in at $165 a week, I make $120 a week teaching private lessons, and my tutoring job brings in $60 a week. Add in occassional lessons and random students and gigs, and I make a maximum of $1,575 a month, which is just $115 above my expenses.

However, that is cutting it close for me. I am seriously thinking about getting a roommate to cut my expenses by $375. I have a 1 bedroom apartment. So, I could convert the living room into a bedroom, but then I'd have a whole lot of extra furniture that I can hopefully give to Chris. So, if I get a roomie, I'll be making almost $500 more than my expenses which allows me a savings account as well as emergency funds. It's the only solution I've come up with. Well, that and prostitution... I probably wouldn't do too badly with that. After all, I can deepthroat you and lick your balls at the same time... ;)

Just kidding, Chris. :P

10 Comments:

  • At 3:06 PM , Blogger Barbara aka Yooni said...

    Damn, i thought i was good...you're gonna have to give me some pointers on that one.

     
  • At 3:38 PM , Blogger JK said...

    Getting a Room mate in one bedroom apartment is no good. I think that it would get a little cramped with that amount of space.

    My expenses come in at around $2000 per month, but thats everything, food, mortgage, insurance, bills, credit cards.

    My opinion (which means exactly fuck all) is that you are living outside of your means, and theat you either have to cut things out, or make more money (ala prostitution). The whole going to school thing is really the crux of the situation, because that prevents an steady income. I say, stick with school, cut a few things out for a little bit, then, make lots o' money after school is done. Are there any student loans available?

    (My apologies for the ridiculously long comment)

     
  • At 4:16 PM , Blogger Rarry said...

    if you can really do what you just said then to hell with prostitution...Porn is where the moneys at

     
  • At 5:37 PM , Blogger Yankeebob said...

    Yeah, porn is a better bet. That or having me as your roomate. ;)

     
  • At 4:23 AM , Blogger peachy said...

    Getting a roommate in a one bedroom is a no-go unless you don't mind spending all your time at Chris' place.
    I don't really know how much my monthly expenses are. I never sat down and figured them out because every month something else comes up where I have to spend a big chunk of change.
    280 a month sounds like a lot to me for one cell phone and toiletries. Buy in bulk, babe. You'll always need tampons.

     
  • At 7:28 AM , Blogger Calvin said...

    lol.. poor Chris.. you must really be giving him mini-seizures with your jokes.. the pregnancy thing, the prostitution thing.. :-)

     
  • At 10:17 AM , Blogger Kis Lee said...

    yeah, just run your own porn site.

     
  • At 11:17 PM , Anonymous Anonymous said...

    Hi Quyen, I am enjoying some idle time and looking to see what Residual Income for Life will bring up. Income VS Expenses is certainly interesting and informative. Residual Income for Life is a good word to bring into the conversation. Great post. Enjoy your day!

     
  • At 12:01 AM , Anonymous Anonymous said...

    Hi Quyen, I am cruising the blogs looking for any information on Income at Home and landed here. Although Income VS Expenses is interesting and got my attention, I will add this knowledge to my storehouse of information. I never know where Income at Home will take me. Have a great day!

     
  • At 7:53 PM , Anonymous Anonymous said...

    Hi Quyen, taking a little time today to see what Home Income will send me to that is interesting. Income VS Expenses looks interesting and is a great read. Will also try Home Income in my e-travels. Have a super day!

     

Post a Comment

Subscribe to Post Comments [Atom]

<< Home