Somehow I managed to increase my net worth by $6,366.78. Well above my goal of $5,856.
Here's how it breaks down:
House: +$4,395
Beneficiary accounts: +1143.62
IRA: +516.21 ($458 monthly contribution + $58.28 in market appreciation)
Work Retirement: $66.15
Short term savings: $5.81
Long Term savings: $1197.45 ($1000 monthly contribution + $197.45 market appreciation)
However, even though my assets increased, my "debt" also increased too. I don't carry balances on my credit cards (ever) but I did have a spendy month. We went to an out of state wedding and we also have a terrible weakness for eating out. I also paid my property taxes in their enirety this month when I usually pay them in 2 installments. I had the money so I felt it was the right decision. So my checking account had about $1000 less in it than this time last month.
Credit cards +389.25
I definitely can't count on the house to make these type of gains every month but it was great this time! My goal for November is now $5,850.98.
We don't have any plans to go out of town in November so the credit cards should see significantly less use. In October we went out of town 2 weekends. We're also going to try to not only start eating at home more often, but to start freezing left overs for easy lunches. I don't often eat out at lunch but I feel bad every time I do.
I love the first of the month
November 1st, 2014 at 06:45 pm
November 1st, 2014 at 09:27 pm 1414877230
It's great to pay property taxes (and life/car insurance) in one annual payment instead of having to think about it more often. It sounds like you're doing things right!
November 3rd, 2014 at 06:23 am 1414995789
I recommend you search 'Investment Risk Tolerance Quiz', I hope the link I offer as an example works.
November 3rd, 2014 at 11:58 am 1415015907
Thanks for the link snafu!