I’m gonna rename my blog: PTSMITF (Punch The Stock Market In The Face). It seriously blows when a great month can be marginalized by a sucky economy. But hey, I ain’t complaining ’cause I still got a job and life is good.
Here’s the lastest 30-day breakdown…
Checking Account: $4,750, +$1,590. I’m keeping the checking account pretty stacked for the next month or so as I am doing the apartment hunting thing. Most places require first months rent and a security deposit (equal to the rent amount) to be paid up front. Since we are looking at places in the $1,500/month price range, I need to have quick access to $3,000. Next update there should be a huge depletion from here.
Savings Accounts: $16,535, +$1,823. I’m slowly working on building back up my savings account. Even though the $16K may seem like a lot. I tell myself it’s not. $10K of this is my E-fund. I pretend this money doesn’t exist as it is only for unanticipated expenses that I can’t cash flow. Another $2,680 is earmarked for the remaining cost of my honeymoon. That leaves me with only $3,800 in discretionary savings. That would be saving for things like a new car, a down payment, or a face transplant.
Roth IRA: $13,543 -$1,283. Well, what can I say about this? I can’t expect the market to only go up, but it definitely BLOWS when it goes down. Over three months of gains were wiped out in a few weeks. Thankfully, I have a pretty high risk tolerance and don’t plan to form any emotional attachment to this money for another 40 years. Buy and hold is the name of the game.
TSP (401K): $13,728, -$814. The standard 5% contribution heads this direction each month. I also get that 5% fully matched. I invest in virtually the same funds in both my Roth IRA and in my 401K so they generally perform the same. My loss isn’t as large in this account because I contribute to it on a monthly basis, whereas in my Roth I usually make larger lump sum payments.
Student Loan: -$4,077, +$210. Not a ton of progress since last months update. It’s definitely not like when I paid down $10K on this bizznatch in one day, but any decrease is good….right? I pinky promise I will pay this thing off as soon as I get settled in my new home and know what my monthly expenses will be looking like.
Credit Card: -$1,503 No, I don’t have credit card debt. I just decided to start showing what my account balance was on the one credit card I use. This balance get’s paid off every month…and I mean EVERY MONTH!!! I use my CC for just about every purchase I make. Some months it’s a couple hundred, others a couple thousand.
Even though the stock market killed my increase, I still managed to gain +$1,188 which puts me at a total net worth of $42,977. It’s definitely not the largest jump I’ve ever seen, but I’ll take movement in the positive direction any day of the week. I love keepin’ track of my accounts and seeing a new NW number each month. You should too! It won’t be long before I break $50,000!!!!
**I chose not to include possessions (including my car) in my NW calculations, which would probably increase my worth by about $8K.**