Jumping Jehoshaphat, What A Month!

Well, They don’t all look like this, but Jumping July Net Worth is up over 59,000!

A combination of ‘up stock markets’ and aggressive saving led us to a real humdinger of a month. This  hearty boost has us on track to increase total net worth by over six figures at the end of the fiscal year (Oct).

The family is about to start a two week summer vacation so the post output is on autopilot. I have finally eaten through my stash of piled up posts and now have to think of fresh ones.

In all honesty, I might take this blog down to 2-3 posts per month for awhile. I am just feeling like our niche is over saturated with bland blogs from people who think this is all just a side hustle. I feel like I might wait for the storm to blow over and see who is left when the dust settles. More on that later.

Anyway, MADE A BUNCH OF MONEY!

Wife got a promotion and a pay raise updates HERE.

Operation Stuff Money into the Stock Portfolio suffered its lowest contribution month to date at under $3,000 (not counting reinvested dividends) – Dividend Report, I will pick it back up next month.

Jumping July Net Worth Recap equals total Assets minus total Liabilities.

Total Assets: $2,321,930 + 59,221 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

Primary Residence

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; $389,756 down – $ 1,039.00 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 Jumping July 2019 NET WORTH; $1,932,174

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”

6 thoughts on “Jumping Jehoshaphat, What A Month!

  1. I just came back from my vacation and it was much needed and quite eventful (will create a post on it soon 🙂 ).

    Yeah June was an outstanding month for me and I suspect many. It is nice when things point up in the market.

    I hear you about burning through your stash of posts and now have to come up with fresh ones. I am still sitting on a pile of posts but it is rapidly eroding at my pace of 3x/wk. I’m not sure how people can keep up with that unless they are full time bloggers or retired (which I am neither).

    Well if push comes to shove I can tone it down to 2x/wk or 1x/wk even. Hopefully stuff continues to percolate in my brain and keep the content coming

  2. It’s hard to create when your stash of nuts dwindles to acorn caps. I’ve been trending toward softer topics and away from “hard” finance, which helps, as has cutting back the social media presence. I suppose even Rollins has moments where he just wants to play his favorite acoustic guitar artist and be mellow. Maybe give yourself license to post on the fringes of finance? My long winded way of saying I’d miss your voice if it went silent, my friend.

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