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.
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!
One year ago vs today
June 23rd, 2008 at 03:14 pm
June 23rd, 2008 at 03:23 pm 1214230989
June 23rd, 2008 at 03:27 pm 1214231261
June 23rd, 2008 at 03:44 pm 1214232258
June 23rd, 2008 at 04:15 pm 1214234110
June 23rd, 2008 at 06:41 pm 1214242905
June 23rd, 2008 at 11:17 pm 1214259437
June 23rd, 2008 at 11:28 pm 1214260095