August 2008 update



August was both good and bad financially speaking. Good because I earned some extra income and stocks didn’t change too much over the previous month. Bad because I really blew my target spending goal and so my networth is down. (That’s what happens when you overspend to begin with and then spend a ton for an upcoming bathroom remodel.)

Liabilities are up due to the remodel which we put on a 0% card. (I know that technically we’re better off doing this and earning interest on the money, but it still bugs me to see the liability.) Assets are up as well, which is a good thing. Here are the numbers for August:

Assets: Up $2591.71
Liabilities: Up $4724.81
Change in net worth over previous month: Down $2133.10

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Posted in Net worth on Sep 02, 2008

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