Gilberto de Piento's Journal

Where are you and where are you going?
simplex
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Re: Gilberto de Piento's Journal

Post by simplex » Thu Mar 29, 2018 3:31 am

Your internet income looks quite dependable in relation to the amount of work you put into it. Congratulations.

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Mon Apr 02, 2018 9:41 am

simplex wrote:
Thu Mar 29, 2018 3:31 am
Your internet income looks quite dependable in relation to the amount of work you put into it. Congratulations.
Thanks!

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Mon Apr 02, 2018 9:54 am

March 2018

It was a three paycheck month so even though I spent too much on groceries and sporting goods I saved 73%. :)

Expenses
Alcohol & Bars 12.65
Auto & Transport 30.67 (routine car maintenance)
Bills & Utilities 17.22
Business Services 27.98
Charity 20
Clothing 177.76 (I bought a lot of sports clothes. My old stuff was getting really smelly and torn up so it needed to be replaced.)
Gas & Fuel 42.63
Gift 36.93
Groceries 307.14 (Too high!)
Gym 39.04
Hotel 48.18 (For a future vacation.)
Internet 21.1
Mobile Phone 16.31
Mortgage & Rent 740
Pharmacy 15.81
Sports 88.41 (Replaced shoes with holes in them.)
Total -FI 1641.83

Income
Paycheck 3787.79
Amazon 33.87
Checking 9.49
Gift 54 (Not really a gift, I sold something I wasn't using.)
457b 2145.09
Total +FI 6064.11

Savings 4422.28
% Spent 27%
% Saved 73%
SWR 8.1%
SWR with Internet Income 7.9%
Years Remaining 8.1
Years Remaining with Interest 4


Leave all the afternoon for exercise and recreation, which are as necessary as reading; I will rather say more necessary, because health is worth more than learning.
Thomas Jefferson

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Fri Apr 20, 2018 12:42 pm

A few quotes as a reminder to myself.

"You deserve what you accept."
Not sure of the author

"If you don't have a plan for your life, someone else does."
Not sure of the author

“A ‘no’ uttered from the deepest conviction is better than a ‘yes’ merely uttered to please, or worse, to avoid trouble.”
Mahatma Gandhi

Jason
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Re: Gilberto de Piento's Journal

Post by Jason » Sat Apr 21, 2018 11:45 am

Gilberto de Piento wrote:
Fri Apr 20, 2018 12:42 pm
“A ‘no’ uttered from the deepest conviction is better than a ‘yes’ merely uttered to please, or worse, to avoid trouble.”
Mahatma Gandhi
I think the more one dedicates themselves to that statement, the less people will ask of them. If you say no to yourself on the deepest level, I think it will manifest in people not asking you for things. But really, what the fuck do I know.

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Wed May 09, 2018 1:00 pm

May 2018

I went on vacation but it didn't completely blow up the budget. An OK month.

Expenses
Alcohol & Bars 27 (Extra due to vacation)
Bills & Utilities 14.8
Business Services 43.15
Gas & Fuel 104 (Extra due to vacation)
Gift 6.86
Groceries 271.94 (Extra due to vacation)
Gym 39.04
Hotel 31.06 (Vacation)
Internet 21.1
Mobile Phone 15.92
Mortgage & Rent 740
Parking 43.5 (Vacation)
Pharmacy 23.71 (Vacation)
Restaurants 207.84 (Vacation)
Travel 237.45 (Vacation)
Total -FI 1850.73

Income
Paycheck 2529.03
Amazon 12.53
Checking 9.73
457b 1384.6
Total +FI 3935.89

Savings 2085.16
% Spent 47%
% Saved 53%

SWR 9%
SWR with Internet Income 8.9%

Years Remaining 11.5
Years Remaining with Interest 6


I prefer to be a dreamer among the humblest, with visions to be realized, than lord among those without dreams and desires.
Khalil Gibran

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Sun Jun 03, 2018 3:27 pm

May 2018

I spent too much as usual.

Expenses
Alcohol & Bars 25.3
Auto Insurance 232.23 (six months)
Bills & Utilities 17.22
Business Services 180.34 (domains renewed)
Fast Food 40.14
Gas & Fuel 57.58 (summer driving season)
Groceries 233.09
Gym 39.04
Internet 21.1
Laundry 20
Mobile Phone 17.61
Mortgage & Rent 1166.5
Restaurants 70.09 (one expensive night out)
Sports 100 (replaced cracked bike wheels)
Total -FI 2225.24

Income
Paycheck 2529.02
Amazon 46.73
Google 126.08
CafePress 56.13
Checking 10.73
Gift 383 (mostly sold things but it goes in the gift category)
457b 1430.06
Total +FI 4581.75

Savings 2356.51
% Spent 49%
% Saved 51%
SWR 11%
SWR with Internet Income 10%
Years Remaining 20.3
Years Remaining with Interest 8


Happiness is as a butterfly which, when pursued, is always beyond our grasp, but which if you will sit down quietly, may alight upon you.
Nathaniel Hawthorne

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Thu Jul 05, 2018 9:42 am

June 2018

I had a really good month in June, with a savings rate of 75% based on fairly low spending and some unexpected extra income at work. This resulted in a low SWR of 7.9% or 6.0% if internet income is included.

I have too much in cash right now. I need to invest it somewhere. I'll probably put it into an index fund but I'm trying to think about other options.

Expenses
Alcohol & Bars 12.65
Bills & Utilities 17.22
Business Services 27.98
Charity 20
Fast Food 12
Gas & Fuel 26.38
Groceries 203.98
Gym 39.04
Home Improvement 40.88
Home Insurance 299.5
Internet 21.1
Laundry 20
Mobile Phone 15.51
Mortgage & Rent 740
Sports 13.99
Total -FI 1510.23

Income

Paycheck 4207.84 (Made some extra money at work, unfortunately it was a one-time opportunity)
Amazon 52.87
CafePress 25.06
Internet Ads 300 (Awesome!)
Checking 14.27
Gift 65 (Sold some more stuff I wasn't using)
457b 1430.06
Total +FI 6095.1

Savings 4584.87

% Spent 25%
% Saved 75% (Wow! This is a really good savings rate for me.)

SWR 7.9%
SWR with Internet Income 6.0%

Years Remaining 6.8
Years Remaining with Interest 4


If you are silent about your pain, they’ll kill you and say you enjoyed it.
Zora Neale Hurston

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George the original one
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Re: Gilberto de Piento's Journal

Post by George the original one » Thu Jul 05, 2018 9:53 am

It looks like next year you will often be bouncing off the 4% goal often enough to be an incentive.

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Fri Jul 06, 2018 9:07 am

It looks like next year you will often be bouncing off the 4% goal often enough to be an incentive.
I hope something can motivate me. I'm a hard worker but I have a difficult time getting motivated to make more money.

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Tue Jul 10, 2018 1:09 pm

OK, this probably isn't going anywhere, but I've decided to try to motivate myself using a reward. I nearly always drink a beer each night. I don't think I'm an alcoholic or anything but if I don't get my beer I get a little antsy. I'm going to try an experiment where if I don't sit down at the computer and do at least one internet marketing related task (no matter how small) I don't get a beer. The rule does not apply on weekends, holidays, or during vacations. I'd rather be internally motivated but if this gets me to do a little work and make a little money it would help to get me on the right track. I'll report back on how it goes, even if I quit or the results are not good.

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Bankai
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Re: Gilberto de Piento's Journal

Post by Bankai » Tue Jul 10, 2018 1:27 pm

I don't know man. Sounds like you want to do to yourself what marketing is trying to do - associate something bad (alcohol) with something good (in commercials - happy moments with friends etc., in your case - a reward for hard work). This would have a possible effect of increasing productivity at the cost of strengthening the alcohol habit. What about choosing something that's actually good or at least neutral for you as a reward?

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Gilberto de Piento
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Re: Gilberto de Piento's Journal

Post by Gilberto de Piento » Wed Jul 11, 2018 9:07 am

I hear where you are coming from but I think we might have a fundamental disagreement about alcohol. I agree that alcohol can be bad but I don't see one beer per night as bad.

I think it is more likely that this experiment will decrease my alcohol intake since I'm already drinking one beer per night and on days where I don't work I will now get no beer. I do agree that my plan could cause an unintended link between work and drinking but it seems unlikely to me. I will watch for any negative outcomes.

If I could think of anything else that would be a good reward I would try it. Coffee is about the only other thing that I can think of that I would miss if it was taken away. I don't seem to respond to positive reinforcement like "if you work five days in a row you get a new whatever."

Thank you for thinking this through with me.

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