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One year ago vs today

June 23rd, 2008 at 03:14 pm

I thought it would be interesting to run the Income and Spending Comparison report from June 2007 vs June 2008. Now I realize June 2008 hasn't closed out yet and I have more income and expenses coming BUT even as is you can be blown away by numbers "to date!" First the basics:

Income June 2007: $10540.17
vs
Income June 2008: $9915.52

Now again I'll be making another paycheck and I have some other income coming so I will end up making more in 2008 than 2007 (which I should be unless I really screwed up along the way IMO) but take a look at expenses:

Total Expenses June 2007: $18580.29
vs
Total Expenses June 2008: $5749.50

WHAT?!! Holy Toledo Batman! We spent over EIGHTEEN THOUSAND DOLLARS in June 2007. We've been able to reduce expenses (to-date) by almost THIRTEEN THOUSAND DOLLARS! The one thing is the expenses for 2008 includes the mortgage paid June 1st so that will add a chunk onto expenses but we really did slice it down. So the official totals:

2007: Spent $8387.99 more than we made.
2008: Saved $4166.02 more than we spent!

There were some monster culprits like vacation. We spent $8236.86 on vacation in June 07 and (ha!) $31.50 on travel/vacation in June 08 to date. Slight difference. Smile

Entertainment we spent $1604.79 in June 07. Month-to-date we've spent ZERO!

Utilities were actually $260 MORE in 2007 than 2008 (and we don't have any left to pay out of June's paychecks.)

Talk about a difference in spending habits in one year vs the other!

7 Responses to “One year ago vs today”

  1. Koppur Says:
    1214230989

    Wow! You've done a FAB job this year!!! Kudos!

  2. I-78 Commute Says:
    1214231261

    Thanks kop! We're off and running that's for sure!

  3. Ima saver Says:
    1214232258

    That is wonderful!! Good for you!!

  4. miclason Says:
    1214234110

    You're doing great!

  5. I-78 Commute Says:
    1214242905

    Thanks guys! We have a long way to go though. I can't wait until I don't have to say that anymore. Ha!

  6. klbb90 Says:
    1214259437

    Incredible! Congrats!

  7. scfr Says:
    1214260095

    Wow

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