I Got The Down Month Blues.
Well, they can’t all be great. Thanks to jitters about the pending trade wars popping up all over the world, last month sucked.
At least yesterday, the 4th, was a stock market green machine. It helps to pick the monthly losses up off of the factory floor.
On the upside, Dear Wife got a promotion and is now a GS-15 (this is kind of a big deal). New paycheck updates coming soon.
Back to bleak news.
Summer is right around the corner and with all that fun comes big price tags. This camp, that camp, vacations, visits, it never ends. The summers are fun but the budget definitely ticks up a bit.
At least Operation Stuff Money into the Stock Portfolio is still chugging along nicely, fairly consistent at $3,000+/month – Dividend Report
June Blues 2019 Net Worth Recap equals total Assets minus total Liabilities.
Total Assets: $2,262,709 – $ 16,331 from last month.
Accounts receivable, This is a floundering business deal from 2014
Boat & Cars, Depreciating assets, but sell-able if need be
Real Estate 2nd home/vacation rental
Retirement accounts; 2 people, 4 accounts total
Brokerage account; Dividend Portfolio
College Funds; Prepaid tuition and 529 accounts or 2 kids
Bonds; ‘I bonds’ bought through Treasury Direct
Cash & Metals; 4 accounts and a security deposit box
Health Savings Account, Started in 2015
Total Liabilities; $390,795 down – $ 2,274.00 from last month.
Mortgage on House; Bought in 2005 Interest 3.75%
Mortgage 2nd Home; Bought in 2012 Interest 3.5%
Student Loan Paid off!
HELOC; Current APR 3.49%
TOTAL June Blues 2019 NET WORTH RECAP; $1,871,914
Tracking your own net worth is perhaps the second most important thing you can do to improve your financial picture. Budgeting your expenses to see where the money goes is probably still number one.
Budgeting is like paying attention to ball game while tracking net worth is like paying attention to the baseball season.
Months can goes up or down, you need a longer picture to evaluate your progress. You are either bringing in more money than you’re spending or you are losing money each month. Tracking Net Worth is easy, useful, and addictive.
Don’t Forget; “Comparison is the Thief of Joy”