As of October 5th, 2022. My net worth is -6694. A 9124 increase since I last posted an update in July.
This is how it is currently distributed.
Checking:
- Current Value: 2758
- Change from last July: -2896
High Yield Savings:
- Current Value: 4615
- Change from July: +2262
403(b):
- Current Value: 17415
- Change from July: +6353
ROTH IRA:
- Current Value: 17678
- Change from July: -681
Student Loans:
- Current Value: -49246
- Change from July: +4000
Financial Goals:
- Networth of 0 before 2023.
- Paid off student loans before 2025.
- 100k in investable assets before 2025.
I had my first real wake-up call in terms of finance and budgeting. As you can see, my checking account took a big hit. This is despite September being a 3-pay period month for me. Multiple big ticket items were needed over the last few months. Namely, two wedding gifts, grow lights to keep our indoor plant collection alive this winter, some excessive spending at the big E, an upcoming vacation, and an engagement ring (yes, she said yes!). I just haven’t been able to prop up my checking account. I haven’t slowed down on my retirement contributions, loan paydown, or savings account growth. My plan is to hopefully buy a property in the next year or two. For now, I’ll keep renting. The goal for this month is to reel in the discretionary spending again, as with all the festivities, we have been eating out A LOT. I’m sure my wallet and gut will thank me. Previously, I was hoping to be back to broke by now, but it seems more than likely this will be a December 1st goal. Even that might be tough if the market takes a turn again.
