Finance Pulse — May 2024
Snapshot covering 2024-05-01 through 2024-05-31.
Headline numbers
- Transactions logged: 123
- Raw income: $1,687.41
- Raw expenses: $12,435.99
- Raw net: $-10,748.58
- Excluded one-time income outliers: $0.00
- Excluded one-time expense outliers: $0.00
- Organic income: $1,687.41
- Organic expenses: $12,435.99
- Organic net cashflow: $-10,748.58
- Organic savings rate (API-income denom): -637.0%
- Personal take-home (incl. RDCO owner draws + wife transfers): $12,253.84
- True savings rate (take-home denom): -1.5%
Top 10 expense categories
| Rank | Category | $ | % of expenses |
|---|
| 1 | Mortgage | $4,108.86 | 33.0% |
| 2 | Taxes | $2,399.32 | 19.3% |
| 3 | Auto Payment | $658.72 | 5.3% |
| 4 | Travel & Vacation | $602.18 | 4.8% |
| 5 | Auto Maintenance | $569.92 | 4.6% |
| 6 | Gas & Electric | $539.44 | 4.3% |
| 7 | Check | $525.00 | 4.2% |
| 8 | Groceries | $508.33 | 4.1% |
| 9 | Shopping | $433.71 | 3.5% |
| 10 | Entertainment & Recreation | $395.56 | 3.2% |
Income by category (organic only)
| Category | $ |
|---|
| Paychecks | $1,628.00 |
| Interest | $59.41 |
Outlier transactions (>=$10k or flagged)
| Date | Amount | Merchant | Category | Account | Classification |
|---|
| 2024-05-08 | $-10,023.78 | American Express | Credit Card Payment | TOTAL CHECKING (…4969) | one-time |
Notable observations
- RDCO owner-draw inflows to personal accounts this month: $12,253.84
- Organic burn this month — expenses exceeded organic income by $10,748.58.
- Expense concentration: Mortgage alone is 33.0% of monthly spend ($4,108.86).