Tuesday, January 19, 2016

Check-in: Net worth $46,000, NO DEBT

Happy new year everyone! It's time again to see how things are going here. I thought I should post this here rather than just going through this in my head over and over again, as it's nicer to keep a record in a place other than my Excel spreadsheet at home.

Current net worth: $46,000 
I didn't see a big rise in my net worth since October because November and December were spent paying for my upcoming licensing exams. They were expensive ($5500!). I also spent $1500 on a trip to Europe to visit BF over Christmas. So the fact that I've still managed to make gains in my net worth is a truly fantastic thing! Also, I'm done with those one-time expenses now and I'm never going to see them again! Adios exam fees! 

Upcoming expenses: 
Monthly living expenses $1500 x 6 months = $9000 

Total: $21,000

Upcoming income (till July): 
Main job in residency: $22,000 
Call money: $500 - $1000 We get that sweet, sweet extra income from being on call. Every little bit counts right now. 
Side work: $800 I'm still doing some stuff on the side and I anticipate a little extra work ... a little bit of good side money.
Total: $23,000 

Expected net worth July 2016: $49,000 

I'm still happy with this mix. 
My stocks have been crashing a bit this month too... I've lost about $1000 since a month ago. :( but overall I'm still positive, the loss doesn't affect me greatly and I'm still counting on overall economic growth to buoy my situation.

Keep on going! 

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