Net Worth Week 53 – Maintenance Edition

Gentle Readers,
Monday I saw a play with a friend. Last night I had dinner with another friend. Today, I am meeting up with two different college friends. Neither of whom were planned before yesterday. I had brunch at my friends’ house last weekend and have plans with humans not my office for both days this weekend. I am doing a good job of maintaining friendships this month. It’s a lot though. I need to get some more things done. Always seeking balance.
I’ve had two different meetings with potential clients and another client may finally provide me with the final details so I can finish his case. My business will support itself for a few more months on this money.
I know I am behind on self-employment taxes and will pay the penalty, but I just couldn’t get to it by March 15th. I paid myself so little that I am hopeful that this learning experience will be worth the fee.

This week’s net worth numbers

4/7/2016 4/14/2017
 Joy 1105 1105
 Travel 1 1
 Down Payment 19 19
 Retirement 21 21
 Health 45 45
 Moving 285 285
 EF 11 11
Business 1002 1002
Life 639  518
 IRA  12736  12645
 Brokerage 689  682
 Rewards Card 2 -585 -1138
 CC (largest) -3264  -3227
 CC (longest) 0  0
 Rewards Card -1331 -1231
SL 1 -104519 -104375
 SL 2 -46041 -45976
 Earnest -5274 -5285
 Net Worth -144460 -144811
 Percentage Change .07 % -.24%

Are you ready for tax day?

Net Worth Week 52 – Year One Done

Gentle Readers,
One year of tracking my net worth is officially complete!
I’ve learned a lot by focusing so intently and have had some improvements while also having some setbacks. Those setbacks would have been worse if I hadn’t been focusing so hard.
At this point last year, my business was not going as well and I was about to spend a lot of my personal money keeping it afloat. I was also in a lot of pain, but had not yet figured out how to navigate the health system to get the care I needed. My girlfriend lived in my town, but in a very high stress, high hour job. I had begun learning a new skill, but was still very much a novice.
This year, I’m in a slightly better financial situation. My business is doing better and I understand better how to make it work. My pain is diminished and I am physically stronger. My girlfriend lives over 1000 miles away, and this chapter in our relationship has already taught us a lot. My skill-building is reaching exponential-growth levels and it is encouraging. My heart is also in a much calmer position. I’ve become more centered in a few ways even as the world around me, and portions of my life, are more uncertain.
This week has had some financial setbacks. After a few days with the mattress my roommate “gifted” me, my body has concluded it needs to be replaced along with the frame that is not structurally sound. I’m not thrilled with this, but I think my body can hold off a while. I ordered the frame my brother recommended and will use that once it comes in. I was worried for 24 hours that I would have to replace my phone after it took a trip into water. Thankfully, it is back in working order for now and I can wait to replace it.
I still find this weekly exercise useful and think I’ll keep it up for the time-being. One more year ought to get me into a better place.

This week’s net worth numbers

4/15/2016 4/7/2017
 Joy 1097 1105
 Travel 322 1
 Down Payment 18 19
 Retirement 21 21
 Health 45 45
 Moving 31 285
 EF 9 11
Business 1 1002
Life 907  639
 IRA  7026  12736
 Brokerage 221  689
 Rewards Card 2 n/a -585
 CC (largest) 0  -3264
 CC (longest) 0  0
 Rewards Card -3000 -1331
SL 1 -101892 -104519
 SL 2 -45001 -46041
 Earnest -10036 -5274
 Net Worth -150230 -144460
 Percentage Change 3.84%

Have you grown this year?

Net Worth Week 51 – After Vacation Edition

Gentle Readers,
I saw my girlfriend for the first time in a month! It was heaven! It also was my first vacation of more than 2 days in a very long time. I set an out-of-office for my business, and warned my clients. So many ignored the warnings, but I held firm and did not engage in any work while I was there.
I meandered. I strolled. I had a networking lunch with someone in my profession who was incredibly kind. I saw a friend. I ate good food. I rocked a rainbow bikini.
Back to reality.  I am a candidate for the cheaper Invisalign according to the company I met with. I still need to talk to my dentist and get approval to pursue this option.
I was given a bed to replace the one I had that my body hated. Unfortunately, even with my brother’s help, the bed I received is not salvageable. I’ll figure out in a few days if I need to replace the frame and mattress or just the frame. This is not an expense I planned for. But I gave my bed away on the promise of this new bed. Sigh.
I spent more on ubers/lyfts this weekend than my normal, but it helped me see her city and meet the folks I wanted to meet.

This week’s net worth numbers

3/24/2017 4/4/2017
 Joy 1105 1105
 Travel 1 1
 Down Payment 19 19
 Retirement 21 21
 Health 45 45
 Moving 284 285
 EF 11 11
Business 1002 1002
Life 994 1666
 IRA  12693  12757
 Brokerage 684  689
 Rewards Card 2 -301 -950
 CC (largest) -3500  -3514
 CC (longest) 0  -65
 Rewards Card -1302 -1416
SL 1 -104288 -104469
 SL 2 -45936 -46019
 Earnest -5716 -5736
 Net Worth -144183 -144567
 Percentage Change -.01% -.27%

When was your last vacation?

Yakezie Challenge Update – Under 200,000!

Gentle Readers,

I completed the Yakezie Challenge!!!

I listened to the free advice from Sam and have succeeded in exactly the way he promised. My original post was one day over six months ago.

A refresher on joining the Yakezie Challenge :

1) Install the Alexa toolbar if not already and comment what your current Alexa ranking is.

2) Write consistently 2-4 times a week on your own site and consider guest posting around the community including on Yakezie.com to raise your profile. (I was consistently twice a week at first, and lately I have done 1 post a week)

3) Install the Yakezie Challenger Badge.

4) Announce on your blog that you have joined the Yakezie Challenge.

5) Selflessly promote others and build relationships. (Still good for all of life)

6) Stay committed and consistent over the next 6 months!

7) Introduce yourself on the Yakezie Challengers Forum and get to know your fellow Challengers and Members. (I’m not clear if this is still being updated and never added myself.)

8) After you’ve completed the 6-month challenge, let everyone know how it worked for you. If you’ve done it as intended, you could be invited to become an official Yakezie member.

As of  June 6, 2016, my Alexa ranking was 14,000,562 internationally and 1,489,921 nationally.

As of December 7, my Alexa ranking was 684,605 internationally and remarkably 180,247 in the US.  ZJ Thorne is officially under 200,000 and I did not fully follow all of the steps in the end. Imagine where I would be had I been able to make the full commitment!

Have you listened to the blogging giants and seen success?

 

 

Net Worth Week 8 – Two Months of Progress to Celebrate Pride

Gentle Readers,

A week of no gig means that my net worth to begin Pride Month won’t have the same triumphant tenor as last week’s major gains.  I cannot grow accustomed to 2.95% gains, but I can look back at two month’s worth of progress and be happy with my path of financial and personal growth.

The freedom of no work has allowed me to perform many errands and do some important work at my LLC. The LLC work should pay off fairly soon, and leave one less client matter over my head.  After using my days off to visit with friends, I switched to using my day’s off to help friends. One friend needed help cleaning their apartment, and another needed help unpacking. We all needed human interaction, too. It was lovely and I was glad to help my friends with my extra time. I know that I am in a better emotional space when I get to see my friends more often – especially in their homes away from the noise and crowd.

The gig is continuing to suggest that I will start soon. I’m still not applying for other gigs, because this one is at the 25% higher pay-rate and has more stability. Most likely it will begin next week.  I’m fortunate that I can go a few weeks without earning money and still be fine. It’s a little frustrating because these weeks were going to be dedicated to beginning my Down Payment Fund, but that will just have to wait.

Two months of tracking net worth has been incredibly informative. I began with ~$151,164 as my baseline. I’m now making progress and am at $146,101. That’s a 3.349% difference and $5,063 gain. 

The percent change for this week was less exciting, but when you are not actively working, it is expected. Next week will not be any better, since I will have no paycheck. I am still grateful for Earnest changing my ability to conquer my debt. I count them

Date 4/1/16 5/20/2016 5/27/2016 6/3/2016
Joy 1097 1098 1098  1098
Travel 752 322 322 323
Down Payment  284 18 18 19
retirement  221 21 21 21
health  45 45 45 45
Moving  31 31 31 31
EF  9 9 2597 2597
Business  1 1 1 1
Bed  .29 0.29 0.29 0.29
Life  471 1716 2765  2344
IRA  6928 7295 8359  8378
Brokerage  220 218 222  224
CC (largest)  -11883 0 0 0
CC (longest)  -567 0 0 0
Rewards Card  -2762 -3890 -3998  -4481
SL 1  –  -102130 -102245 -102360
SL 2  –  -45024 -45059 -45095
Earnest  -10000 -9673 -9696 -9247
-$151164 -$149942 -$145518 -$146101
  BASELINE -1.0% change 2.95% change  -1.0% change

When is the first time you saw that slow and steady was really winning the race?

Net Worth Week 4 – first milestone

Gentle Readers,

Things are progressing in my negative net worth, but I anticipate some personal volatility in the short-term.

For the first time in a very long time, my negative net worth is under $150,000! WHEW!!!!!!!!!!!!!!!

Barely. And, of course, it will fluctuate, but it got there. This tiny bit of momentum is so encouraging. I hope to keep these milestones in sight.

The situation at my W2 job is growing more complicated. We’ve recently been told that we should anticipate working through mid-June at least. We’ll see. The timeline was previously through August, and began as through March. These sorts of gigs are not known for honesty.

If this gig ends faster than I’d like, it should be possible to find another gig quickly. However, many of the gigs currently available pay 20% less than my current gig. Not ideal. This is one of the reasons I am learning a new skill that will make me more marketable on a number of fronts, but I am not quite up to par. I’m in a group class, and I’m considering investing in a personal tutor to get me up to snuff faster. May has a time deficit for me, but I am preparing to add in time for tutoring beginning in June.

May is also a month of mini-travel. The biggest part of the necessary purchases were previously made via the Rewards Card, but finances will still be impacted because it will be harder to get 40 hours at work in every week this month. The trips will be rejuvenating, and provide nourishment to my relationships. Definitely worth it.

My first Earnest payment is done! My finances feel so much more manageable because of being able to use Earnest to pay off my highest APR credit card.

The percent change has remained at .99%. Trending towards zero.

Date 4/15/16 4/24/2016 4/29/2016 5/6/2016
Joy 1097 1097 1097 1098
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  907 963 1097  1526
IRA  7026 7100 7045  7346
Brokerage  221 222 219  218
CC (largest)  0 0 0 0
CC (longest)  0 0 0 0
Rewards Card  -3000 -3060 -3558  -3426
SL 1  -101892  -102041 -102123 -102222
SL 2  -45001  -45046 -45072 -45102
Earnest  -10036 -10054 -10078 -9632
–$150,230 -$150,471 -$150079 -$149746
  .99% change -1.0% change .99% change   .99% change

Are you feeling any financial momentum?