Net Worth: JULY โ€“ Flying solo and w/ a new Caddy :)

july net worthWe still havenโ€™t combined finances as yet, but we ARE getting closer ;)

Itโ€™s just really hard to break this 28 years of personal finance! Now that iโ€™ve finally got my gameplan up and running, the thought of revising it all gives me a touch of the heebie jeebies. hahaโ€ฆ.

BUT, as Obama likes to say, โ€œItโ€™s time for a change!โ€ That, and i love my wife ;) So right now the goal is to combine forces by the end of the month, or at least start tracking the pot as โ€œoursโ€ and not โ€œmineโ€. But donโ€™t hold me to it, gotta take those baby steps one at a time.

In other news, we spent a bit more this month on sprucing up the house a little, and we now have an extra car โ€“ all things that make the budget cringe. Luckily itโ€™s become a bit flexible w/ the interest rates still being low and all, so weโ€™ve been saving and cutting corners where we can to make up for these changes.

Hereโ€™s how it breaks down this month:

CASH SAVINGS: Yeah, weโ€™ve been spending a bit this month. But most of it has been going towards our house, which i like to clarify to make myself feel better ;) This includes things like saws and fixโ€™er uppers when i was Mr. HandyMan, painting supplies (our newest house adventure), car stuff to get my highlander ready for sale, and a bunch of other things i canโ€™t rememberโ€ฆas always.

ROTH IRA: A whole ONE DOLLAR and FIFTY-THREE cents increase! All for doing nothingโ€ฆnow thatโ€™s the good life!

401(k): Blah. Although it looks like i did well this month, I really didnโ€™t considering I contributed $3,895.00 + got another $258.14 in dividends. Losing $1,503.12 sucks, but I guess i can pat myself on the back for at least putting in so much. A big part of that was when i sucked it up and confronted my boss about my missing 401k from last year โ€“ that helped a shite load!

SAVINGS BONDS: Iโ€™ll put that change in my pocket any day! hahaโ€ฆyikes.

CONDO INVESTMENT: That was the last of the loaning! My brother is now on his feet, and should be paying it back shortly. I guess this should really be in the โ€œliabilityโ€ section since I havenโ€™t actually SEEN the money yet, but iโ€™m too lazy to change it nowโ€ฆplus iโ€™m 100% sure iโ€™ll get it back, I gotta trust the bro!

HOME EQUITY: Same old, same old. Nothing paid off this month as we keep building our emergency fund up. Once we hit our goal of $10k total, weโ€™ll revisit paying some off each month, but i donโ€™t foresee that anytime in the near future since grad school is coming up for the Mrs.

AUTOS WORTH (kbb): This used to be just for my SUV (valued at $19,945 now), but now it also includes my new Caddy (valued at $3,590). So although this category gained in value, be sure to look 2 categories down for an increase in liabilities now.

CREDIT CARDS: While I technically have a nice chunk on there again, my actual c/c purchases are still at ZERO! Thatโ€™s because Iโ€™m using my personal credit card as a car loan :) It surprisingly beat out all other rates at 3.4% (because USAA rocks), and since I donโ€™t plan on keeping the balance on it for too long, it made logistic and financial sense for me. Now i just gotta sell my damn SUV.

AUTO LOAN: This is whatโ€™s left on my SUV. I paid off $300 plus, but it also dropped in value about that much so itโ€™s basically a wash this month.

That about wraps it up this month. Hereโ€™s to another beautiful month! May all your financial dreams come true, and all your net worths flourish.

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*I have updated my sweeet & sassy side bars โ€“ always a good time.
*And here are the past Net Worth updates.

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