Monday, April 1, 2019

Net Worth Update – MARCH 2019 - $38,389 (+$3,553)


Net Worth Update – MARCH 2019 - $38,389 (+$3,553)

Here are my March numbers.

Month:
February
March
change
ASSETS



Checking Account
$500
$500
0
Emergency Fund
$13,300
$15,742
+$2,442
TD Ameritrade Account
$2,124
$2,155
+$31
Vanguard
$5,529
$5,609
+$80
401(k)
$7,986
$8,700
+$714
T100
$2,000
$2,000
0
Corolla
$1,000
$1,000
0
4Runner
$3,500
$3,500
0
Total Assets
$35,939
$39,206
+$3,267
LIABILITIES



Bank Visa
+$1,103
+$817
-$286
Total Liabilities
$1,103
$817
-$286
Net Worth
$34,836
$38,389
+$3,553

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

Emergency Fund:  +$2,442  Almost normal additions and a little tax return that I did not expect.  I try to break even at tax time, but somehow got a little back.  I also moved most of my savings to a high-yield savings account with Live Oak Bank out of Wilmington, NC.  At the time, their savings account rate was 2.20%, but they have recently bumped that to 2.30%.  The remainder is in a new to me bank, Navy Federal Credit Union, with a savings rate of .25%, which is way better than the crappy .01% I was getting at BB&T.  I’m clearly not using my savings to make money, but it’s nice to see it grow ever so slightly, rather that the pathetic friggin penny BB&T was adding to my savings account every month.

TD Ameritrade Account:  +$31  Sweet, a little growth!!!

Vanguard:  +$80 – I finally moved my old Simple IRA to Vanguard.  I did have this money sitting at T. Rowe Price, but they started threatening monthly maintenance fees, PLUS, their regular fees were way higher than Vanguard.

401(k):  +$714 – Normal additions with match plus slight growth.

Cars:  Nothing new here

Bank Visa:   -$286 – My daughter had a conference in NYC that she needed help with and some of the conference will be reimbursed, about $600.  The other was a “loan” to my ex to help out with my daughter’s tuition.  My ex paid back what she owed me, I used the card for a couple online purchases, and I’m still waiting for the reimbursement from my daughter’s school before I pay this off.

Overall  +$3,553 – A stronger than normal month!!!

1 comment:

  1. Congrats on a stronger than normal month Brian. I really like the idea of getting a tax return. I know it may not be financially the best option, but it's almost like forced savings. In any case, I'm glad it worked out for you. Much better to receive a tax return than to owe money in taxes. In any case, your net worth is moving in the right direction which is a good thing.

    ReplyDelete

Net Worth Update – APRIL 2019 - $40,623 (+$2,234)

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