How many different types of income do you guys track? What about cash back rewards, borrowing money briefly from a friend, completing a survey for $10, etc? What about selling furniture/clothes/stuff several months after buying it?
My current categories are:
- Paycheque
- Pre-tax investments (i.e. company RRSP)
- Gifts Received
Those three encompass about 98-99% of my income. The remaining bit is:
- Interest income
- Bonus income (referral bonuses)
- Selling stuff
"Selling stuff" is an interesting category, because it basically only applies to selling really old stuff that's not getting replaced. That's because if I buy something and sell it within the same calendar year, I just offset the original transaction with the amount I sold it for (example - buying a video game, playing it, selling it a few weeks later). Or, if I upgrade something to a newer model, I sell the old one and use the proceeds to partially offset the new one (example - we sold our old TV and bought a new one with the proceeds).
I previously had a category for quarterly GST rebates when my income was lower, but don't get those anymore.