Sunday, July 02, 2006

July Net Worth Snapshot...

Well, well, well..where has the time gone? Net worth snapshot #6 is here already. A net worth of $106,155.79 which is a 2.35% increase from the previous month. Turns out it's the smallest increase since I've been keeping track of it. I'm not sure exactly why without further analyzation, but I do have a few thoughts on it. We've been shoping for food a lot less at the supermarket, which has increased our eating out opportunities. For a few months in the beginning, we were brown baggin' it. Bringing everything from home..not lately. We've also been splurging on a few wants here and there..must be the warm weather, we're out more often..makes us want to spend! In between her old job and new job this month, she took a few days off..lost a few bucks there. The stock market still isn't doing as well as it had been since the beginning of the year..so we're at a loss in our retirement funds. Well, we've discussed it and have decided to make another dedicated effort to cut down on unnecessary spending. I have to admit, it's the summer time..it'll be tough. Overall though, not bad, we're making progress every month..slowly but surely. Saving money, paying bills, paying down loans, etc. Could be worse....

3 comments:

freedumb said...

I hear ya man...saving during the summer is tough...so many things to do...and spend money on. Maybe more "free" activities this summer? Hiking, fishing, swimming...?

Just curious, what are the interest rates on your loans? Did you consider paying some of them off? You seem to have a good cash buffer and your emergency fund looks to be in good condition. Or are your loans at a low rate?

John said...

Hm, a little tough to hike, fish and swim in a small city. Hey, you live in Hawaii don't you? Perhaps we could stop by and do some hiking, fishing and swimming! Save us a few thou. JK.
Those are actually some things we have in mind. We want to trim our waist lines as well as our budget. The interest rates are relatively good. We're trying to save money to purchase a house within the next few years..so we're not crazy about making any big payments anytime soon. As soon as that happens, you'll see those loans virtually disappear.

Anonymous said...

It's so funny how much you spend when you go out to eat during work. When you think about it, $4-5/day doesn't sound like a lot but when you add it up, that's about $30+/week.

Keep up the good work!

Tom
gotalkmoney.com