June 2022 - Net Worth Calculation ($97,745.23) => 5.45% from May 2022
- GMoney
- Jun 16, 2022
- 2 min read
Assets:
The assets I have included include the following categories: Savings/Checking Accounts, Cash, Venmo Account, & Retirement Accounts.
Net Worth Increase: +5,052.11
401K increase: +2.47%
Total Assets: $98,831.17
Liabilities:
Student/ Car Loans: $0.00
Credit Card: $1085.94
Total Liabilities: $1085.94
TOTAL NET WORTH: $97,745.23
We are on the CUSP of $100,000 in new worth!! In June, I am getting 3 paychecks from PGR so that may put us over the mark! May was a very busy month. I went on 2 vacations, one to see my mom with my girlfriend and my brother and the other I spent with my Grandma in the Smokey Mountains. My spending was slightly lower than budgeted due to me not having to spend as much on food. I also got that bonus from my job so that helped a lot. It was essentially a third paycheck. Very happy about it and it seems like things are finally going to start slowing down at work. I thought it was going to be crunch time all the way through June, but I learned today that my one project no longer has a hard deadline at the end of the month. Thank goodness.
I have about $3000 in gross commission lined up for real estate. That is a sum of 6 deals. Hopefully everything goes well so I can earn all that extra money. That will certainly help the savings rate. I'm also going to really start looking for my own property soon. I have enough saved up and I need to buy something while I can.
*Note: I now include equity in my primary mortgage in my assets because it is considered an investment.
2022 Goals:
Gross 100K -> 92K from PGR and 20K from Real Estate Agent
1.5M in RE sales or 10ish transactions
Own 2 more units for a total of 4
Savings Rate of 60%
Current savings rate = 59.8%
Have 30K ready for next property - Done!
Do 25 pull ups and 75 push ups in a row consistently
Be able to hold a hand stand for 30 secs
Do a 3 min plank
Current 1.5 mins
Try 8 new restaurants
The Fairmount - University Heights
Michealangelo's - Richfield
Explore 4 new state parks
OhioPyle, PA
Go to 2 new states
Las Vegas, Nevada
Try 6 new recipes including bread and crab cakes
Visit both Grandmas 8 times each
Visited Gphilly/ Grandma once
Call my family members at least once every other week
Read 10 books
Run a Spartan 10K in 1.5 hours (and maybe do a beast...)
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