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Tuesday, January 8th
Jan. 8th, 2013 11:27 amThe Daily Report
So, the "story bank" accounting thing that I was talking about yesterday... as of today, with two chapters posted this month, I'm $84 in the hole, and after I post today's story I'll be a total of $234 down.
That doesn't mean I'm actually $234 in debt. (If only!) It just means I'm $234 behind where I need to be to be actually making a living and not end up digging a deeper actual hole.
And that's why I'm doing this, to give myself a realistic snapshot of where my income really is versus where it needs to be.
Now, things aren't as bleak as a one week snapshot suggests. The fact that I'm down $84 after the first week doesn't mean that I'll be down four times that much at the end of the month. My income comes in waves that don't correspond to when stories get posted, and the biggest one is towards the end of the month.
But I'm predicting I'll probably end the month at least a few hundred dollars off-target.
Regardless, if the total is negative or even low when I go "live" with this concept in February, I'm going to salt the pan by starting the official bank at $300, so that the first two stories of the month can't take it negative. The point of this is to be motivational (for me and readers) and going immediately into the red I think detracts from the statement the whole thing is meant to make.
The State of the Me
Doing okay. Had some weird stomach flutters yesterday, but nothing came of it.
Plans For Today
I have a story to post that just needs a decent ending and title.
So, the "story bank" accounting thing that I was talking about yesterday... as of today, with two chapters posted this month, I'm $84 in the hole, and after I post today's story I'll be a total of $234 down.
That doesn't mean I'm actually $234 in debt. (If only!) It just means I'm $234 behind where I need to be to be actually making a living and not end up digging a deeper actual hole.
And that's why I'm doing this, to give myself a realistic snapshot of where my income really is versus where it needs to be.
Now, things aren't as bleak as a one week snapshot suggests. The fact that I'm down $84 after the first week doesn't mean that I'll be down four times that much at the end of the month. My income comes in waves that don't correspond to when stories get posted, and the biggest one is towards the end of the month.
But I'm predicting I'll probably end the month at least a few hundred dollars off-target.
Regardless, if the total is negative or even low when I go "live" with this concept in February, I'm going to salt the pan by starting the official bank at $300, so that the first two stories of the month can't take it negative. The point of this is to be motivational (for me and readers) and going immediately into the red I think detracts from the statement the whole thing is meant to make.
The State of the Me
Doing okay. Had some weird stomach flutters yesterday, but nothing came of it.
Plans For Today
I have a story to post that just needs a decent ending and title.