I’ve been through many changes in the past few months. As you might have read below, I stopped working at my former corporate job and began working as a high school teacher, hence the pause in my 401(k) increases. During the summer, I am working part time at my old job and considering whether I will be teaching again in the fall. When I started teaching, I needed a car to get around, since no public transportation is available. I purchased a 1997 Honda Civic at that time. In June, after having some problems with that car, I decided to purchase a 2004 Honda Civic.
Yes, I know I’ve talked about buying new cars in mostly negative terms. I considered many things, and I decided that buying a 2004 Honda Civic for a good price was the best way for me to go. The car will last me as close to forever as possible, and was not much more expensive than a slightly used version. Included in my “home inventory” is the old Civic which I am still trying to sell.
Additionally, I recently spent a week in California. I managed to limit my expenses there by staying with relatives. The stock market has also not been kind over the past few months. So, on with the financial update:
|July 17||February 17|
|Cash and Savings:||$ 13,200||$ 13,408|
|Taxable Investments:||$ 3,129||$ 3,242|
|401k (Pre-Tax):||$ 9,989||$ 9,660|
|Roth IRA:||$ 3,179||$ 2,041|
|Credit Cards:||($ 1,709)||($ 2,165)|
|Student Loan 3.97%:||$ –||($ 1,720)|
|Student Loan 2.82%:||($ 6,323)||($ 9,250)|
|Home Inventory:||$ 13,059||$ 9,454|
|Equity in Car:||$ –||$ –|
|TOTAL||$ 34,524||$ 24,575|
Updated March 27, 2006 and originally published July 23, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.