|June 30. Revenue was fairly respectable. My annual contribution to my Daughter's Education Plan, Community Charity and car maintenance led to another month of high expenses resulting in another net draw down on savings. This now means that I have not added to my Savings for four consecutive months in three of which there were actual "dis-savings". That has got to change. I did anticipate that the first half of the year would bring particularly heavy expenses. Still, they significantly exceeded projections. It gets even worse: In Q3 I now expect to face some expenses not previously anticipated. I must do everything to keep them under control.
June P.I. came in at $2,216.13; Y-T-D P.I. now stands at $14,117.46 which is 25.6% above where it was this time last year and well on track to meeting this year's projections.
Other half-year indicators: top line revenue up by 36.97% over last year; Y-T-D S&I is 22.17% (last year this time it stood at 20.02%); Personal Spending is a heart-breaking, mind-numbing 46.76% above what it was this time last year; Business expenses are 2.86% higher than what they were this time last year.
The picture is very clear: My Business and investments have performed quite well, but real progress has been strangled by out-of-control personal expenses. I'll be keeping a very close eye on them for the remainder of this year. THEY MUST BE REINED IN. A bit of austerity won't kill. On we go.|