Well, the year is just flying by. I can’t believe it’s Labor Day already. Just four more months to go before the end of the year. This month wasn’t so good. I’ve been waiting for the shoe to drop for a while now, and it finally happened. Retirement accounts took a hammering, and we had some large bills come in. Next month will be worse as we take our vacation and we finally take the car in for a somewhat overdue repair.
While liabilities are down, assets took such a hit that the overall net worth is down by almost a grand. Yikes! But you have to take the bad with the good. After we get through next month, cash should start going up again up until Christmas time. Considering the geopolitical situation, I’m not too hopeful of stocks going up in the short term.
I don’t have a clue what is going on with my student loan. The larger one is going along just fine but the smaller one is having troubles. My student loans are the only payments that I automate. I automate them because I get a .25% interest rate reduction for doing so. But when I changed back accounts a few weeks ago, I had to make a manual payment for last month. This month, I am showing a balance due of $0, but also a payment of $0.
Cash $5702 Down $1287.
Retirement Savings $10,195 Down $57
Car: $0 Still junk.
TOTAL ASSETS: $15,897
Credit Cards: $3038 Down $100
Student Loans: $30,510 Down $116.
Outstanding Medical Bills: $7155 Down $282
TOTAL LIABILITIES: $40,704