It’s net worth time! Every month, I throw back the covers on my finances to show the world if I’ve improved or fell flat.
I didn’t think July was ever going to end! Work was absolutely crazy; I worked 205 hours and spent another 50 commuting. But I seem to have weathered it okay. Despite a change in my accounting systems to reflect bills that I hadn’t previously treated as debt, I came out ahead.
A large part of this is because we have been stockpiling cash for our upcoming trip. We are using the credit card for everything, of course, for rewards, protections, rental insurance, and to not have to walk around with a couple hundred dollars in our pockets. But we want to pay off the card once we return.
Meanwhile, the retirement accounts had a nice bump for a change. I finally broke $10k in retirement savings!
Cash and checking account $6989 Up $1727.
Retirement Savings $10,251 Up $720
Car: $0 Still junk.
TOTAL ASSETS: $17,240
Credit Cards: $3138 Down $100
Student Loans: $30,616 Down $153.
Outstanding Medical Bills: $7437 Not calculating the change due to accounting change
TOTAL LIABILITIES: $41,194
How was your month?