August numbers:
- Personal:
- Gross monthly W2 pay: $5,375 (no change)
- Net monthly W2 pay: $3,373 (no change)
- Total credit card debt: $38,959 (+$666)
- Total other non-mortgage debt: $14,830 (-$2,576)
- Total mortgage debt: $219,882 (-$1,004)
- Cash/cash equivalents: $9,449 (+$487)
- Total retirement savings: $261,425 (+$8,453)
- Non-Equity Net worth: $-2,797 (+$11,853)
- Total Net Worth: $442,726
So it does seem like things have stabilized and are trending back upward from July. Credit card increased by the mark of the beast (concerning!) but non-mortgage debt (basically my HELOC) went down by quite a bit. This reflects decreased spending over the month, and some consolidation onto a 0% offer. RE busines expenses have remained high, but are at least covered by RE income at this point. One day I’ll hopefully be able to pay myself back for all the loans to my RE business *sigh*
Increases in cash and retirement aren’t really due to anything other than market action and my usual contributions. The individual speculative stocks in my brokerage account have done extremely well – but really nothing I can take credit for beyond just good guessing on the picks. Mortgage balances continue the long-term slow march to zero.
Overall those two levers – decreasing debt and increasing savings combined to a pretty decent month. September (since we’re halfway through it already, yikes!) is shaping up to be pretty high spending, but hopefully won’t ding my numbers too bad if I can get some deferred collectibles going.
