September 2020 - Net Worth Calculation ($13,112.35) => +18.10% from August
- GMoney
- Sep 2, 2020
- 1 min read
Assets:
The assets I have included include the following categories: Savings/Checking Accounts, Cash, Venmo Account, & Retirement Accounts.
Net Worth Increase: +2,009.38
401K increase: +15.15%
Total Assets: $22,931.64
Liabilities:
Student Loans: $5,948.61
Credit Card: $0
**Negative Car Equity: $3,870.68
Total Liabilities: $9,819.29
TOTAL NET WORTH: $13,112.35
TOTAL NET WORTH W/O NEG. CAR EQUITY: $16,983.03
Now that I had a normal month, the % increase in net worth is more in line with what is expected. This past month I stayed under budget for one of the few times this year. I ended up not booking any trips, so my costs remained low. If anyone is familiar with ChooseFI, my frugal win of the week was I sold some GoPro equipment I had laying around my house. It wasn't being used and allowed me to free up some space in my room. I earned $170 on the deal!
In the coming month, I am looking to begin my journey into becoming a realtor. That will take a large initial chunk out of my bank account, but hopefully I will be able to recoup that and make a profit over the next several months! I am excited to dive deeper into the real estate field and learn as much as I can from my broker.
*Note: I did not include equity in my primary mortgage in either my assets or liabilities.
**My current car loan is this amount more than my car is currently worth.
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