October 2022 - Net Worth Calculation ($85,494.79) => -19% from September 2022

Assets:

The assets I have included include the following categories: savings/checking accounts, cash, Venmo account, investment property equity & retirement accounts.

Net Worth Increase: -$20,050.89

401K increase: -5.84%

Total Assets: $105,295.57

Liabilities:

Credit Card: $705.93

Basement Loan: $19,457.93

Total Liabilities: $19,800.78

TOTAL NET WORTH: $85,494.79

As expected, after including the basement loan in my net worth, it decreased significantly. Although it is disheartening to go below $100K, it was all artificial to start with since I've had the loan since June and forgot to include it. Good news is that I remained under my budget last month! Hopefully I can slowly start buying Christmas gifts now so that when December comes, I won't have a huge hit to my expenses. September was a lot of fun! I got to go fishing, golfing, and play board/ video games with my friends/ brother which was great.

October looks to be promising. I have my friend's house under contract so hopefully I will get that money at the start of November. I would really like to get at least one more property under contract before the year is over.

No vacations in October. Just planning to see my girlfriend and family which still involves some driving, but won't be nearly as expensive.

*Note: I now include equity in my primary mortgage in my assets because it is considered an investment.

2022 Goals:

1. Gross 100K -> 83K from PGR and 17K from Real Estate Agent

2. 1.5M in RE sales or 10ish transactions

3. Own 2 more units for a total of 4

4. Savings Rate of 60%

   1. Current savings rate = 50%

5. Have 30K ready for next property - Done!

6. Do 25 pull ups and 75 push ups in a row consistently

7. Be able to hold a hand stand for 30 secs

8. Do a 3 min plank

   1. Current 2 mins

9. Try 8 new restaurants

   1. The Fairmount - University Heights

   2. Michealangelo's - Richfield

   3. Olesia's - Richfield

10. Explore 4 new state parks

    1. OhioPyle, PA

11. Go to 2 new states

    1. Las Vegas, Nevada

    2. Michigan's Upper Peninsula

12. Try 6 new recipes including bread and crab cakes

13. Visit both Grandmas 8 times each

    1. Visited Gphilly/ Grandma 4/2

14. Call my family members at least once every other week

15. Read 10 books

16. Run a Spartan 10K in 1.5 hours (and maybe do a beast...)