January 2013 Net Worth and Earnings Update
December was an exciting entrepreneurial month for me, but also an expensive one. I didn’t go anywhere out of town, so I had plenty of time to work on my closet remodel and a new business project.
December was an exciting entrepreneurial month for me, but also an expensive one. I didn’t go anywhere out of town, so I had plenty of time to work on my closet remodel and a new business project.
This month was uneventful in my personal finances, but very good in my business finances. I had a week long out of town trip with my family, and it was nice to get away. I also booked a 100% free flight to visit my girlfriend’s family for Thanksgiving using free miles. Here is how everything worked out in October.
This month, I spent more than usual but still had enough income to make up for it. My biggest expense, which was in my long term plan but not expected to be this month, was a new painting when I made my first investment in fine art. I also enjoyed a couple of great concerts and a trip to Minneapolis this month.
I kept going strong with my new cash flow strategy this month. My Roth IRA balance is high enough that I need to start looking at investing there again. I also bumped up my mortgage payment to get me within $100 of being below the six figure mark.
This month, my new cash flow strategy was fully working for the first time. I saw more money going into my Roth IRA than ever before and bumped up my mortgage payment as well. Here is how the cookie crumbled for the month.
April was a transition month for me. Now that my student loans are paid, I am transitioning the money into new savings and investments.