By: Revanche

March Snapshot

March 3, 2008

Retirement Savings

Rollover IRA: $1,395
Roth IRA: $3,743
401(a): $2,834
403(b): $13,773
Total: $21,745

Emergency Savings

14,132

Goal Oriented Savings

Car Maintenance: $520
Savings for taxes: $5,225
Total: $5,745

Investment Loans

Prosper-ish: $12,630
Personal Loan: $5,000
Total: $17,630

Total Assets

Non-Liquid: $21,745
Semi-Liquid: $17,630
Liquid: $19,877
Total: $59,252

Debt and Liabilities

Truck: $6,224
Citi – $860
American Express – $356
Chase – $690
Rent – $1,360
Total: $9,490

Net Worth

49,762

I was strongly tempted to skip this month’s roundup because the upcoming expenses listed in Yodlee are so depressingly high that it almost makes the savings above seem inconsequential.

I’ve an upcoming charge for the $500 deductible for the sedan’s repairs due at the end of this week. Argh! This doesn’t even include the other $500 deductible for getting my car fixed before I sell the danged ole truck.

But that would be cheating. And I’m no cheater! I’m facing up to the fact that the bills are far greater than they should be for some reasons beyond my control, like gas prices and my parents driving so very much this past month ($300 on gas alone!!) and the next insurance installment came due, albeit in a much much lower amount, and the car registration on my car was paid.

This is a rough spot, and I’ll get past it. Just gotta keep the chin above water and ride it out. Meantime, I’m eagerly awaiting my supplemental income check to come through, and not so eagerly pondering the payment of taxes. I’m still undecided as to the best way to pay them.

Also, I have to be careful because I’m more susceptible than ever to Sad Spending Syndrome. Even if I’m not going out and spending wads of cash on stuff, I’m still less careful about the little expenses like an odd lunch here or there, or just loosening the purse strings overall because I’m kind of stressed, lonely and/or grieving. I’m only good at controlling expenses when I control the urge to acquire, and that urge is best controlled by a strong sense of satisfaction. Obviously, when stressed, etc., satisfaction isn’t the strongest feeling, so I’ve really got to keep on top of this.

*edit: I prefer to include expenses as liabilities this time, since they will be paid from the assets above instead of just my usually invisible expense account. Also, I’m going to start explicitly stating what my total net worth is.*

5 Responses to “March Snapshot”

  1. *marvels at your net worth*

    you know I don’t know if I’ve mentioned this but you’re my inspiration 🙂

    So what if spending was a bit higher this month.. (saying that because I’m guilty too)

  2. ~FB~ Awww… that’s so sweet!
    Now, no enabling! It’s ok to spend a bit more if there’s spending cushion. My concern is that I’m having to dip into the emergency fund for non-emergency needs. (ie: haven’t lost my job, still have income, am not out sick, etc.)

  3. Ms. M&P says:

    I know you’ll bounce back quickly–this is just a small, monthly setback 😉 I’m also marveling at your net worth…seriously, you’re doing so well and your debts are really low.

    PS what’s the difference between a 401(a) and 401(k)?

  4. ~Ms. M&P~ Thanks, I have to stop thinking of my position as stagnant or regressive, and more along the lines of pausing for a breath before things get better.

    I believe the only difference between a 401(a) and 401(k) is that the former is administered to employees of an educational institution. At least, that’s my understanding. And I just realized that I totally mislabeled my Rollover, that’s gotta be a Rollover IRA, not Rollover 401(k)! Thanks for asking your question, I might never have caught that 🙂

  5. i am sure that you feel more positive agian soon. Just think aboutw hat you have achieved so far and that should help.

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