Net Worth Week 3

Gentle Readers,

My tracking of my Net Worth is going strong. There has not been much visible progress, and my IRA had a more volatile week than normal due to being readjusted last weekend. It will be interesting acclimating to my increased volatility. I trust that it will be worth it to Future ZJ, and I like her.

This week began with a panic at my small business. The timing of my deposits and my expenditures was off and I got a notice on Monday morning to that effect. I worried that I would have to use personal funds to cover next month’s expenses. Thankfully, that did not happen this time. My business got hit with a penalty, but it did not drain everything it has.

I am proud that I have successfully kept the balance off of two of my three credit cards, but the Rewards Card balance still grows. I put all of my life expenses on it (utilities, health insurance, food, alcohol, dates with TBO etc). I am not yet willing to go entirely frugal, but I need to reduce my alcohol in public consumption. Spending time with TBO and my friends usually involves food in public, because living in a city involves being far away from each other’s homes. Spending those meals with people I love helps to maintain my heart and friendships. It is good for me. Spending time in public and, also money, is  good for professional networking; people who’ve never met me are less likely to refer individuals to my business.  This spending may not be good for my current bank balance, but I anticipate that it will be worth it in the long run. It is also just fun.

This week’s paycheck is devoted to my student loan payments and my Earnest loan, but they won’t auto-debit until next week.

It’s fascinating to watch my negative net worth change by .99 and -1.0% every week.

Date 4/8/16 4/15/2016 4/24/2016 4/29/2016
Joy 1097 1097 1097 1097
Travel 322 322 322 322
Down Payment  18 18 18 18
retirement  21 21 21 21
health  45 45 45 45
Moving  31 31 31 31
EF  9 9 9 9
Business  1 1 1 1
Bed  .29 0.29 0.29 0.29
Life  1066 907 963  1097
IRA  6885 7026 7100  7045
Brokerage  217 221 222  219
CC (largest)  -983 0 0 0
CC (longest)  0 0 0 0
Rewards Card  -2850 -3000 -3060  -3558
SL 1  -101791  -101892 -102041 -102123
SL 2  -44970  -45001 -45046 -45072
Earnest  -10009 -10036 -10054 -10078
–$150,890 -$150,230 -$150471 -$150079
  .99% change .99% change -1.0% change   .99% change

How’s your progress coming?