Net Worth July 2022

As of July, 1st 2022. My net worth is -15818. A 3211 increase from last month.

This is how it is currently distributed.

Checking:

  • Current Value: 5654
  • Change from last month: +783

High Yield Savings:

  • Current Value: 2353
  • Change from last month: +751

403(b):

  • Current Value: 11062
  • Change from last month: +993

ROTH IRA:

  • Current Value: 18359
  • Change from last month: -1650

Student Loans:

  • Current Value: -53246
  • Change from last month: +2500

Financial Goals:

  • Networth of 0 before 2023.
  • Paid off student loans before 2025.
  • 100k in investable assets before 2025.

The month of June went well, apart from the dip in the market. I did a good job reeling in the discretionary spending. Sharon and I made a concerted effort not to go out as much this month. The garden beds are all established so not much was spent on yardwork this month. I do have weddings coming up in September and October, so I’m sure I’ll be spending a bit more in the coming months. We also have some vacations so I’m sure the net worth will stall a bit. My hope is to reach zero come October, which is becoming less doable now that the market is dropping. The good news, I won’t be changing my contributions at all, so it will pay off in the long run I’m sure.