Tuesday, July 1, 2014

July (Negative) Net Worth Update: $-115,461.81 [Up $3k!]

I can't believe it's already July 1st!  Time has been flying over here!

Here's my net worth update, compared to last month's figures:

Cash $15,265.47$13,683.23$1,582.24
Total Assets$43,391.02$40,754.14$2,636.88
Student Loans$157,211.06$158,036.78-$825.72
Credit Cards$1,641.77$1,461.99$179.78
Total Liabilities$158,852.83$159,498.77-$645.94
Total Net Worth-$115,461.81-$118,744.63$3,282.82

I'm up over $3,200, thanks to my freelance income.  My hours have been reduced at my regular job, so I am really REALLY grateful for my side hustle income.  I am also actively looking for a new job, since my current one is not looking too promising at the moment.  This has been keeping me quite busy, as I'm setting up meetings with friends, old colleagues, and other people in my network to try to find something that's the right fit.  

Fingers crossed I'll find a new place to work soon.  I really don't want to dip into my savings, but it's nice to have as a cushion if I need it.  I may also be able to get a lower payment amount with Income Based Repayment on my federal loans due to my lowered income, but this won't stop the interest from accruing on those loans.  In the meantime, I am just paying the minimum on my student loans.

Man, there's a lot to think about right now, but I am committed to remaining optimistic that something good will work out after all this.  Wish me luck, my lovely readers!!



  1. Hey! I hope you're ok, have found a new job, and are planning to keep going with the blog -- you've made such good progress so far, I'd like to keep following you :)

  2. Hi! Thank you for the message! The time has flown this month and I'll be back on the blog shortly to provide updates. Thank you for the encouragement. It means a lot! :)