May numbers:
- Personal:
- Gross monthly W2 pay: $4,833 (no change from prior month)
- Net monthly W2 pay: $2,798 (no change from prior month)
- Total credit card debt: $21,427 (+$1,655)
- Total other non-mortgage debt: $2,973 (-$632)
- Total mortgage debt: $111,797 (-$732)
- Cash/cash equivalents: $15,232 (-$608)
- Total retirement savings: $146,530 (-$1,241)
- Non-Equity Net worth: $25,564 (-$2,141)
- Total Net Worth: $252,864 (same as above)
Sorry this post is so overdue. I updated my spreadsheet, but went on vacation and got overwhelmed at work so I kinda forgot about the blog. Whoopsie! In any case – here we are finally! As you can tell, it was a challenging month. Ongoing market cratering decreased my savings across all categories. Ongoing poor spending habits (and a vacation) led to a strong increase in my credit card debt this month. See next month for more poor spending when the rest of my vacation truly lands.
I can’t do anything and don’t really care about the market forces. If my share prices go down it doesn’t matter – I ain’t anywhere near retiring. One nice thing is my NLY dividends are going to land at the end of July, so that part of my strategy is working – just need time. Same with the ongoing monthly mortgage paydown. But, it’ll take a few months to undo the damage from May and June spending. In upcoming posts, look for increases in debt, a deep dive into Amazon purchases made on vacation (and listed in June), and some talk of moving houses (including maybe a new purchase) and renting out my current home.
