Lordie, money not only happens, it seems to materialize out of the air.
You can’t even imagine how little I am working, here in my dotage. But that notwithstanding, money keeps on happening.
At the end of 2012, I followed the accountant’s advice and withdrew from the S-corp what we calculated the S-corp should disburse to me plus repayment of the money I used to capitalize the business, which has been carried on the books as a loan. That amounted to enough to cover the business’s contribution to my upkeep for the first three quarters of 2013.
Just reconciled the February and March statements (you can see with what enthusiasm I approach these tasks…). Lo! I’ll only have to earn another $2,000 all year long to bring the balance back up to what it was before that drawdown. That is just amazing.
Just now no business is on the horizon — I do need to get off my aching duff and hustle up some work. But this is a feast & famine business. Before long something else will come in, and then it will be like popcorn in a cooker. While it’s quiet, I need to finish the e-book that’s almost done and then put together a couple of others from the bottomless pit of copy that is Funny about Money.