It’s pretty much a happy accident that this is six months into the year. (Would have been a happier accident if I’d actually launched this thing when I intended to.) I just happened to want to start writing the blog in June – worked out though! On to the numbers:
- Personal:
- Gross monthly W2 pay: $5,833 (+$1,423)
- Net monthly W2 pay: $3,405 (+$260)
- Total credit card debt: $12,746 (-$12,226)
- Total other non-mortgage debt: $15,294 (-$5,871)
- Total mortgage debt: $119,738 (-$3,542)
- Cash/cash equivalents: $17,897 (+$2,891)
- Total retirement savings: $126,647 (-$3,578)
- Net worth: -$3,236 (+$20,950)
Analysis: Hey, holy crap, I’m almost worth something! Almost. First a few notes – I did move some individually-held stocks from retirement to cash equivalents effective this month ($620 worth). I just had that listed in the wrong area of my spreadsheet, so it was totaled incorrectly. I’ll go into greater detail on what these categories are comprised of in a future post, and it will help explain some of my thinking and my plans for the future.
But overall, it’s been a killer 6 months! I had no idea how successful I’d been until I put this down on paper (pro-tip, Dumpling, pay attention!) My goal of paying off debt seems to be well in hand and my WAG (wild-ass goal) of having all non-mortgage debt paid off by the end of the year seems like it might actually be a possibility. Who’da thunk that actually paying attention to your money would help! I know, the answer to that is everyone, but it still comes as a surprise to me how much it has helped.
Dumpling,
I stopped paying attention to your message or the numbers when I saw you use a term called “WAG” – Wild-ass goal. I will definitely be adopting that into my vernacular. And everything else looks cool, too! Thanks for the contribution.
Happy to help! There’s nothing like a good phrase to brighten up my day, glad you enjoyed it!