It’s about day 5 of just gorgeous weather. We spent the weekend in Erie visiting family, had dinner and watched fireworks with live music, cruised the peninsula on a boat, had breakfast with Grammy and smoked pulled pork sandwiches on the BBQ for dinner. It was a great extended weekend. We hope your time was enjoyable too.
August 2008 Summary:
We were very fortunate this month to be able to increase our net worth by 1.40% or about $340. As evidenced by the chart below, we continue to progress in the upward direction, however due to recent changes in employment and priorities, the slope has decreased substantially. Ry is continuing to pursue new employment opportunities where he can feel he is part of something more positive and we are continuing to experiment and diversify our income through an increase in alternative income sources, freelance work, and web design education.
Net worth statement for August 2008: See the full spreadsheet here
Additional spreadsheets:
- Where did the money go? August 2008 edition.
- A Full breakdown of our income and spending categories. The 5% fun fund system is also shown in practice here.
- Alternative Income Details
- We were able to add over $965 to our monthly income for August. Take a look at our detailed tracking spreadsheet as we continue to work to grow these opportunities.
Goals:
- Goal#1: $10k Emergency Fund - Complete @ $10,187.80. Still full and interest growing, no impact.
- Goal#2: High Interest Student Loans – at $25,491.88. A downward adjustment from last month as I was alerted that one of the last disbursements of the loan contained a now lower variable interest rate of 4.2% instead of 6.8% fixed.
- Goal#3: House down payment – $0 of $40,000 saved. Since this is currently the third and lowest stacked goal, it may be a little while before we achieve spillover.
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