April 2014 - Money Making, Saving, and Investing Report

April 2014 – Money Making, Saving, and Investing Report

Welcome to the April 2014 Money Making, Saving, and Investing Report!

April 2014 was a fun month!  There were a couple of challenges along the way, but overall it was great!

To view all previous reports and to find out why I publish these reports, click here

 

 

 Actions Plans for March 2014

Key: Complete/Some Progress/No Progress

  • Read the book: Secrets of the Millionaire Mind - COMPLETE!
    • The book review is coming soon!
  • Sell at 5 things on Ebay (I need to list a bunch more stuff – I’ve been slacking here) – MEH!
    • I was only able to sell three things total for this month:
      • Legend of Zelda: Skyward Sword for Wii – $32
      • Adult soccer cleats – $12
      • Lord of the Rings PC game – $25
  • Finish chapter #6 of the Investing for Beginners book that I’m writing – COMPLETE!
    • The book is really starting to come together nicely now!  I will be sharing more soon :-)
  • Post at 7 additional monetized YouTube videos – COMPLETE!
    • I actually made 34 videos total – Most of these are on my new channel under the name JollyGood
    • The videos are comprised of Tribes Ascend gameplay and Hearthstone gameplay.
  • Develop and post math & science tutoring “brochure” – that’s right.  I’m going to try my hand at tutoring! – COMPLETE!
    • I decided to charge $40/hr.  I’ve had several requests and actually start my first session this week :-)
  • Finish my MBA!!!  - COMPLETE!
    • I just graduated on Saturday!!!!  It feels great to be done with all of the schoolwork.  It was sad to say goodbye to all of my classmates, but I will keep in touch with many of them.

I’m happy to say that I met all of the goals I had for April except for one.  I’m most proud of finishing up my MBA and making great progress on my investing for beginners Ebook.  Now, let’s look at the financial  specifics for April 2014:

April 2014 - Money Making, Saving, and Investing Report

Notes on Making Money for April 2014

April’s income was pretty similar to March’s – nothing new there.  Google Adsense was a bit low for the month at ~$28.  YouTube income was ~$6, and Ebay total was ~$69.  I also had one sponsored post to bring the total April side hustle income in at ~$232.  Dividend income was decent at $109 for April.

Notes on Money Saving for April 2014

Routine expenses for April were good, but the high grocery bills are really driving me crazy.  We seem to have a real hard time getting our hands around that.

The biggest non-routine expense we had for the month was our daughter’s 5th birthday party.  Because it was her 5th, we decided to go a little more extravagant.  In the end, the total bill was around $350 :-(  A little more expensive than we were planning for, but on the bright side everyone had a ton of fun :-)

Because our routine expenses crept up a bit, our savings rate for April was only 44% – bummer :-(  But, it is what it is.

Notes on Investing for April 2014

For April, I picked up 21 shares of  SPY at a price of $189.40 for a total of $3,977 invested for the month of April.  SPY is the SPDR S&P-500 market index fund.  This stock pays a quarterly dividend (1.8% annually).  This ETF is a great way to get market index fund exposure to the broad US market.  I am trying to keep my portfolio with 30% allocated to SPY .

Actions Plans for May 2014

  • Read the book: Think and Grow Rich
  • Sell at least 5 things on Ebay
  • Finish the entire rough draft of my Investing for Beginner’s Ebook
  • Create the Investing for Beginner’s Ebook cover
  • Get Dad (a senior editor before he retired) to begin editing Ebook
  • Post at 7 additional monetized YouTube videos under my new JollyGood gaming channel
  • Conduct at least one tutoring session for $$$

Other Points of Interest

  • Here are the posts I created for the month of April:
  1. Shoplifting Tips
  2. Why Invest in the Stock Market? Inflation!
  3. Personal Finance Tips for New Graduates (guest post)
  4. Find a Competent Insurance Agent (sponsored post)
  5. 2014 Forbes Billionaire List (guest post)
  6. How to Write and Publish an Ebook – Top Tips
  7. How to Achieve Great Success
  8. How to Make Your Own Microphone Stand for Cheap
  9. Happy Birthday MoneyAhoy!
  10. How I Almost Bought an $80,000 Car
  • MoneyAhoy turned one year old in April!!
  • My Alexa ranking has crept up quite a bit recently for some reason… It’s currently hovering right around 150,000 :-(  I was able to get it as low as 134,000, so I’m hopeful I will get it lower in May.

What are your money saving, money making, and investing plans for May?