Any month I don’t have to touch my slush fund is a good month. In July I did not touch my slush fund.
This was a three paycheck month and it shows. My net worth sits at a comfortable $142k, up $8k (6.0%) from last month. All my asset categories increased or stayed the same:
|Cash & Checking||$2,500||$3,300||+$800|
I did a projection of my net worth, and barring a stock market downturn, my net worth should reach $200k sometime next year. It’s crazy to think that my second $100k may come one year after my first. Admittedly, a lot of the increase will come from my condo’s appreciation. The real estate market in the DC metro is unbelievable.
I went $60 over budget this month due to pesky medical expenses:
|(1)Bills & Utilities||$310||$266||$44 under|
|Total (1+2+4+5)||$1,110||$994||$116 under|
|Total + Medical (3)||$1170||$60 over|
Not shown is the extra $125 I earned. Broken down my spending went towards
(1) Bills & Utilities
The budget and spending for my bills and utilities is higher than usual because of the annual renewal of my cellphone service. I budgeted to spend $200 but I actually spent $165 on my cellphone plan.
I am surprised this is so low. I had hellofresh delivered twice (albeit at a discounted price); I ate out quite a bit; and I ordered Amazon meal kits. I was away for an entire week on a work trip which I’m sure lowered my spending
My medical costs continue to be higher than I’d like. Boo.
I had some friends come visit and stay with me earlier in the month, and hanging and eating out with them cost quite a bit of dinero. It was well worth it.
Next Month & Conclusions
In disappointing news, I learned that one of my specialists will cost me $250 each and every appointment. This specialist is the only one in the country, so there is no cheaper alternative. Hopefully with improved health I won’t have to see this or any other doctor frequently come 2020.
It’s now a few days into a new month and I’m trying a no-spend challenge. If all goes well, I won’t be placing any unnecessary online orders in August. It’s not easy, but so far I’ve limited myself to groceries and one makeup brush.