July Snapshot
August 1, 2008
Retirement Savings |
Rollover IRA: $1,452 |
Emergency Savings |
Catastrophe: $18,163 |
Short Term Goals |
Car Maintenance: $930 |
Long Term Goals |
House Down Payment: $100 |
Investment Loans |
Prosper-ish: $12,630 |
Total Assets |
Non-Liquid: $25,670 |
Debt and Liabilities |
Truck: $4,297 |
Net Worth |
$61,095 |
— Up 0.01% —
Once again, it seems like the numbers are inflated; the “increased” net worth is due to the recent influx of cash. It seems to have settled out, though.
June ended far too soon, with too much left to do. I am happy that I have a bit more in my cushion, though. With the gas prices getting higher every day, I’ve had to readjust my expectations for monthly expenses, and adjust the emergency fund target upward accordingly. Of course, I will continue on my crusade to reduce expenses, but I prefer to plan for the worse (6 months of unemployment at current spending levels) and hope for the best (landing a better, higher-paying job, reducing expenses).
I’ve removed another feature from our landline, bringing that bill down to $30/month, but I want to look at T-mobile’s about their new version of a landline service. If that pans out and doesn’t affect my internet service ($14.99/month), I’ll switch from Verizon ($30/month) to T-mobile ($10/month, $50 start-up fee). At that rate, it’ll take 3 months before I start saving $20/month on phone services.
Oh! My Down Payment account has money in it. Current total: $100.00. 😀
And I gave my Moving account a free $5 from my checking account cushion to start. It’s a drop in the bucket, but at least there’s a drop now. That should encourage more drops.
Overall, there’s been very little change, except some spending that’s covered by the travel fund. Details on that spending later.
It’s a bit disappointing that my credit card bills (I use them for 90% of my expenses) are outpacing my expense account.
Well done on the fact that you have a “home down payment” fund. Not many are quite as wise (like myself). I’ll be starting one soon.
I enjoy your blog.
trevor: I’ve only just started the DP fund, so I’m pretty happy with that myself, but here’s to keeping it going. Thanks for commenting!