≡ Menu

May 2012 Cash Flow


may 2012 cash flow

In April, we had a negative cash flow month for the first time in 2012, but we are back on track this month!

Income May April
Mrs. RB40’s paycheck 4040 2694
rental income 1049 580
side income 453 100
dividend, interest 458 194
p2p 22.96 20
misc 5 50
Total income 6028 3638
Housing -2097 -2097
Cash allowance, food, groceries, etc… -738 -820
Transportation -85 -112
Pet 0 -69
Baby 0 -19
Bills -264 -309
Medical -20 -241
Entertainment 0 0
Misc -131 0
Total expense -3336 -3667
Saving 2692 -29
2012 surplus 6,979


Income (Target > $4,500)

We exceeded expectations in May. It’s nice to do that once in a while.

Mrs. RB40’s paychecks – She received 3 paychecks instead of the usual 2, so that makes a huge difference.

Rental Income – The rentals did very well in May and had minimal maintenance problems.

Side Income – Retire By 40 also did very well in May. This will go down next month though.

  • media.net (CPC ad network) – $234. This payment is for February and March.
  • 401k transfer campaign (PPC) – $155. This campaign is over. 🙁
  • affiliate marketing – $60.

Dividend & Interest – May was a good month for my dividend portfolio.

  • Dividend portfolio – $421. AT&T, Abbott Lab, and Activision paid out this month.
  • Interest – $37. Pretty pathetic.

P2P Lending – $23. This payment should accelerate next month because I increased my investment recently.

Misc. – $5. I got $5 for converting to electronic statements on one of my checking account. It’s better than nothing.

Expenses (Target < $4,000)

No big surprises on the expenses this month. I did spend a bit extra on a few non-essential things. I spent about $60 on a Case Logic Sling Bag and accessories at Amazon.com. I love this sling bag. My Canon T2i with zoom lens fits very well in here and it is very comfortable to carry. This is actually for business so I can take more stock photos for Retire By 40. 😉 I also spent $72 on a Kodak Pocket Camera. I can take videos with these and plan to share a few on the blog in the future.

May Cash Flow

Overall, May was a great month for us. We are back on track and our surplus is on the way up again. I’m going to put most of this into dividend stocks while the market is down.

may 2012 saving

How about you? Did you have a good month?

If you need some help keeping track of your finances, you should try using Personal Capital to manage your budget. It’s a great free budgeting tool. You can keep track of your income, expenses, and net worth, all in one place. Personal Capital is geared for investors and have many great tools. See my review of Personal Capital and how they helped me reduce what I’m paying in investment fees.

Get update via email:
Sign up to receive new articles via email
We hate spam just as much as you
{ 15 comments… add one }
  • RichUncle EL June 4, 2012, 8:09 am

    Great Surplus for May. Have you ever looked into doing a Dividend investing system, see my link below. Its a fun way to get consistnet dividend income every month of the year.


    • retirebyforty June 4, 2012, 10:58 am

      I haven’t paid much attention to the pay out date because I thought if I diversify enough, it should be pretty evenly distributed. It’s not a big deal because we have a pretty good cash cushion.

  • Jeff @ Sustainable Life Blog June 4, 2012, 8:14 am

    looks like you had a great month joe! glad that you’re back on track and the rentals are doing well!

    • retirebyforty June 4, 2012, 10:58 am

      Thanks! It was a good rental month. 🙂

  • Michelle June 4, 2012, 9:46 am

    Looks like it was a good month. June is a 3 paycheck month for me, definitely looking forward to it.

    • retirebyforty June 4, 2012, 10:59 am

      The 3 paychecks month really helps.

  • Another Reader June 4, 2012, 10:17 am

    Maybe you addressed this elsewhere, but why is your food and cash line item so high? That seems like a lot of money for two adults and a toddler. Could you and your wife find some ways to reduce this?

    What’s keeping you from achiening your goal quickly is the cost of your housing and these expenses. Are you and your wife thinking about ways to reduce your overall cost of living, esecially when you leave your job?

    • retirebyforty June 4, 2012, 11:04 am

      We get weekly cash allowance and use that to buy groceries, food, go out, and all the other day to day stuff. Baby diapers and milk are from the grocery stores so they are included here. We can reduce it a bit, but not by a huge amount.
      Housing is the big expense for us. Mrs. RB40 won’t move while she is working so we are stuck for now. Once she leave her job, we’ll consider moving to a cheaper area.
      Thanks for your input. I’ll see if we can reduce our cash expense.
      I didn’t include my paycheck here so you can see that our cash flow will works out when I leave my job.

      • Another Reader June 4, 2012, 12:36 pm

        I understand there are much cheaper ways to buy diapers than at the grocery store. You might want to research that. Diapers excluded, this is an expense category that still seems very high.

        I suspect you are achieving a very high rate of savings if you include your paycheck. That will do most of the heavy lifting to get you to where you need to be. Cutting expenses gets you there a little faster, and you become more flexible with your spending.

        Your housing payment is a huge part of your outlay. $2,097 seems outrageous for a two bedroom condo in Portland. Does that figure only include the PITI and HOA? Are your utilities included in “bills”?

        • retirebyforty June 4, 2012, 3:07 pm

          $2,097 is pretty expensive. This includes HOA and property tax. We live in downtown and that help cut down our transportation and utilities cost.
          Yes, the bills are mostly insurance for all properties, utilities, and internet.
          Actually, generic diapers from Safeway is one of the cheapest way to go. We joined Amazon mom for a year, but don’t want to pay the membership fee.
          I probably need to break down the cash allowance category more. I’ll work on it next month.

  • My Own Advisor June 4, 2012, 5:23 pm

    Nice stuff Joe!

  • Congrats on the surplus continuing to move up. That is huge and will definitely help you out.

  • Jon June 6, 2012, 2:22 pm

    Great month! I am interested to see how the P2P goes, hopefully that will continue to go up for you…

    • retirebyforty June 6, 2012, 5:48 pm

      We should see an increase next month. Check again then. 🙂

  • investlike1percent June 6, 2012, 11:56 pm

    impressed you keep it to that much detail. i figure, every month i am alive, i am ahead : )


Leave a Comment