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. 

2 comments:

  1. Nothing crazy, but a great month overall. I like the move to the emergency fund, even if that meant giving up the BMW!

    ReplyDelete
    Replies
    1. Thanks. It feels pretty good building the emergency fund. I'm making it my concentration right now.

      Delete

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