Thursday, September 6, 2018

Net Worth Update – AUGUST 2018 - $30,647 (+$4,347)


Net Worth Update – AUGUST 2018 - $30,647 (+$4,347)

Here are my August numbers.

Month:
July
August
change
ASSETS



Checking Account
$500
$500
0
Emergency Fund
$11,600
$12,500
+$900
TD Ameritrade Account
$1,058
$999
-$59
Simple IRA
$5,577
$5,763
+$186
401(k)
$3,365
$4,385
+$1,020
T100
$2,000
$2,000
0
Corolla
$1,000
$1,000
0
4Runner
$1,200
$3,500
+$2,300
Total Assets
$26,300
$30,647
+$4,347
LIABILITIES



Bank Visa
0
0
0
Total Liabilities
0
0
0
Net Worth
$26,300
$30,647
+$4,347

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

Emergency Fund:  +$900  I saved what I budgeted to save, minus some unplanned spending like Daughter’s books, or car parts

TD Ameritrade Account:  -$59  I didn’t make any purchases since April and I sold off everything except my position in Ford AND Ford frickin KEEPS DROPPING.

Simple IRA:  +$186 – No more payroll additions here as we switched to a 401(k) plan.  The market went up a little.

401(k):  +$1,020 – I’d previously only been putting in 4% to get my company match.  I bumped it to 15% at the end of the month since I’m out of debt and have most of my emergency fund in place.  Payroll additions plus Company Match plus minimal growth.

Cars:  I finally finished installing the “new” engine in the 4Runner and put it on the road (after sitting in my garage for a few months).  I had its’ value based on what I could get out of it for parts only, but now that it’s running, the KBB value is $3,500.

Bank Visa:   – Done, Debt Free

Overall – With the value of the 4Runner increasing and me bumping my 401k to 15%, I had a good strong growth month.

1 comment:

  1. Good to see your net worth moving in the right direction Brian. Keep it up.

    ReplyDelete

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