Wednesday, August 1, 2018

Net Worth Update - JULY 2018 - $26,500 (+$1,446)


Net Worth Update - JULY 2018 - $26,500 (+$1,446)

Here are my July numbers.

Month:
May
June
change
ASSETS



Checking Account
$500
$500
0
Emergency Fund
$11,100
$11,800
+$700
TD Ameritrade Account
$1,161
$1,058
-$103
Simple IRA
$5,445
$5,577
+$132
401(k)
$2,648
$3,365
+$717
T100
$2,000
$2,000
0
Corolla
$1,000
$1,000
0
4Runner
$1,200
$1,200
0
Total Assets
$25,054
$26,500
+$1,446
LIABILITIES



Bank Visa
0
0
0
Total Liabilities
0
0
0
Net Worth
$25,054
$26,500
+$1,446

Checking Account:  This account, for the most part will remain around $500, after everything hits.

Emergency Fund:  +$700  I saved a lot, but then I spent some, so really only saved $500.

TD Ameritrade Account:  -$103  I didn’t make any purchases since April and I sold off everything except my position in Ford AND Ford frickin dropped like crazy in the last week after finally being up for most of the month.

Simple IRA:  +$132 – No more payroll additions here as we switched to a 401(k) plan.  The market went up a little.

401(k):  +$717 – Payroll additions plus Company Match plus minimal growth.

Cars:  No change here. 

Bank Visa:   – Done, Debt Free

Overall – With the fairly simple savings plan, I’m managing to build my net worth slowly and (mostly) steadily.

Thursday, July 5, 2018

Net Worth Update - JUNE 2018 - $25,054 (+$1,492)


Net Worth Update - JUNE 2018 - $25,054 (+$1,492)

Here are my June numbers.

Month:
May
June
change
ASSETS



Checking Account
$500
$500
0
Emergency Fund
$6,800
$11,100
+$4,300
TD Ameritrade Account
$1,194
$1,161
-$33
Simple IRA
$5,431
$5,445
+$14
401(k)
$2,437
$2,648
+$211
Land Cruiser
0
0
0
BMW
$3,000
0
-$3,000
T100
$2,000
$2,000
0
GMC Pickup
0
0
0
Corolla
$1,000
$1,000
0
4Runner
$1,200
$1,200
0
Total Assets
$23,562
$25,054
+$1,492
LIABILITIES



Bank Visa
0
0
0
Total Liabilities
0
0
0
Net Worth
$23,562
$25,054
+$1,492

Checking Account:  This account, for the most part will remain around $500, after everything hits.

Emergency Fund:  +$4,300  I sold the BMW and added my planned transfers from my paychecks.

TD Ameritrade Account:  -$33  I didn’t make any purchases since April and I sold off everything except my position in Ford.

Simple IRA:  +$14 – No more payroll additions here as we switched to a 401(k) plan.  The market went up a little.

401(k):  +$211 – Payroll additions plus Company Match plus minimal growth.

Cars:  -$3000  I sold the BMW for $2900, only $100 off the value I thought I had in it. 

Bank Visa:   – Done, Debt Free

Overall – With the drastic changes in May and selling the BMW in June, I’m still managing to build my emergency fund. 

Net Worth Update - JULY 2018 - $26,500 (+$1,446)

Net Worth Update - JULY 2018 - $26,500 (+$1,446) Here are my July numbers. Month: May June change A...