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| Credit Score | 708 | 708 | | | |
| Assets | June | July | | Difference | % change |
| Checking+Savings | $4,000.00 | $2,900.00 | | -$1,100.00 | -16.67% |
| Home | $125,000.00 | $125,000.00 | | $0.00 | 0.00% |
| Rental | $72,348.00 | $72,348.00 | | $0.00 | 0.00% |
| 401k | $4,312.20 | $3,974.51 | | -$337.69 | -8.68% |
| 529 | $200.00 | $210.00 | | $10.00 | 5.92% |
| Roth | $846.00 | $856.00 | | $10.00 | 1.99% |
| Misc (Car, etc) | $7,000.00 | $7,000.00 | | $0.00 | 0.00% |
| Total Assets | $213,706.20 | $212,288.51 | | -$1,417.69 | -0.66% |
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| Liabilities | June | July | | Difference | % change |
| CC | $5.41 | $5.41 | | $0.00 | 0.00% |
| Home | $98,100.00 | $98,016.00 | | -$200.00 | -0.20% |
| Rental | $66,700.00 | $66,649.75 | | -$52.00 | -0.08% |
| HELOC | $9,200.00 | $9,150.00 | | -$70.00 | -0.75% |
| Student Loans | $54,478.53 | $54,450.13 | | $0.00 | 0.00% |
| Total Liabilities | $228,483.94 | $228,271.29 | | -$416.59 | -0.18% |
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| Net Worth | -$14,777.74 | -$15,982.78 | | -$1,001.10 | -7.47% |
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My net worth is almost -16,000. This is the second straight month that my net worth has decreased. Here are the reasons:
1) I’ve loaned my sisters about $2,000 over the past two months. Where did I get that money from? My emergency fund. Tsk, tsk. Netiher one has paid me back. So, I’ll never do that again. EVER! I’m such a softie.
2) I haven’t been contributing to my emergency fund. In April my savings rate was 10.26%. My July savings rate is 1.26%. Pretty pififul, huh?
a. Reasons for pitiful savings July: I went to South Padre Island, Texas. It was so worth it.
b. Reasons for pitiful savings June: worked on building a patio. I didn’t know what I was doing. Spent way more money than was budgeted and I’m still gonna have to bring someone out to fix it. Money down the drain. What did I learn? Get an estimate, save, and have a professional do it. ::Sigh::
3) Checking/Savings: I would usually have a higher amount in my checking if I didn’t wait so long to post my net worth. I am going to be more honest in reporting my checking acct. balance to encourage me to post my net worth earlier in the month.
Upcoming: I need to do an update of my goals and I’ve been thinking of some long term goals.
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