November numbers:
- Personal:
- Gross monthly W2 pay: $4,833 (no change from prior month)
- Net monthly W2 pay: $2,828 (-$6, again no idea why)
- Total credit card debt: $10,041 (-$623)
- Total other non-mortgage debt: $16,759 (-$541)
- Total mortgage debt: $116,160 (-$720)
- Cash/cash equivalents: $17,700 (+$282)
- Total retirement savings: $132,556 (+$841)
- Net worth: $7,295 (+$3,005)
So I seem to have recovered from my wild spending the last few months and I’m getting back on track. Good to see my debt categories going down and my savings categories going up! I did work very hard at my collectibles side hustle the last few months, and it’s good to see that effort paying off as I try and throw those earnings at debt. I did most of my losing in my investments last month, but those numbers are still challenged. I’m plowing a lot into retirement and cash, but it’s not showing as the market keeps declining. I’m fine with that though, as buying the dips means I’m (hopefully) buying shares cheaper than they will be in the future.
I do have some upcoming challenges, though, that I need to keep an eye out for. My last roommate is moving out at the end of the month. This means that the mortgage for that property will need to be funded out of my income, and I’ll be paying the full amount of bills again. I’m also looking at a new property as a primary residence. The plan would be to move into the new place quickly and rent out my current primary (assuming the new property works out). Alternatively I can do a big push to get some people in as roommates at my current place. It’s a tough time of the year for renting though – we normally turn over in August when the students come through. We’ll have to see how it goes and I’ll, of course, keep you all informed.
I’m on vacation this next week, so I hope to bank some posts and be more consistent with updating this blog. As ever, please ask any questions you have in the comments!
