Welcome to September, everyone!
My word; how is it September already? A fun September-related fact before I continue: summer, in astronomical terms, stretches from the summer solstice — this year on June 21 if you’re in the Central time zone and east of it or June 20 if you’re west of it — until fall starts with the fall equinox on September 22. In other words, if someone asks me how my summer went, I’m going to tell them that I’ve still got three more weeks to find out.
That important business out of the way, let’s get down to some oversharing.
Debt payoff and net worth update
In terms of net worth, it wasn’t an easy month.
Let’s look first at the orange box. I contributed just as much this month as I did last month toward retirement accounts, but saw a gain that was $1,800 smaller. This was out of my control, but it still stings.
However, on the debt side, I made some great progress, putting $3,600 toward student loans this month. In particular, I want to focus on the number circled in yellow — I’ve now paid off over $30,000 in debt for the year!
And to bring me back down to earth, look at the green box for my bottom line number — I have made some great progress, but my net worth remains at negative $105,200.
August goal progress
Here are the goals I sought out to tackle in August and their results:
- Make baseline payments of $1,200 to student debt: Pass! While not automatically sent to debt, it might as well be (Although maybe I should make it automatic)
- Stick to a $10 daily budget for food: I did not make it under $10 eight times, but based on the times I did make it under $10, I sent an extra $13 to debt
- Turn impulse spending into impulse debt payments: Pass! I sent an extra $112 in avoided impulse buys to debt. This is lower than previous months — due in part to one impulse buy I could no longer fend off (though that I may come to see as an investment later on; more on that in a later post)
- Audit utilities: Passed! Sadly, did not get tremendous news. We’re not eligible for promotional offers from my cable provider, and we’re using both the cheapest generation and delivery companies for electricity. However, looking at my phone bill had two benefits: One is that it made me question whether I needed as much data as I’m paying for (More to follow) and I had them refund me $2.66 for a few days when some phone features didn’t work.
- Side hustling: Failed. I side hustled a whole lot of nothing this month. Between the main hustle (that is, the real job) and blogging, I didn’t leave myself a lot of time and energy to find side stuff. I’ll need to think deeper on how to find something that’s not insignificant and sustainable.
A bit of a rough month as far as achieving goals goes. I’ll have to focus a lot more going forward. How did everyone else do on their August goals?