The first quarter of 2010 has ended as fast as it began. In observing my personal finances as I have done for the past ten years or so, and publicly on Consumerism Commentary for the last seven years, I’ve put together my monthly balance sheet. This is a list of my account balances, including savings accounts, checking accounts, and credit cards.
In a perfect life, I would be reducing the number of bank accounts, but in this strange situation where I write about banking, I’ve opened more bank accounts for the sole purpose of reviewing them for Consumerism Commentary. In March, I opened accounts at Discover Bank (review here), Sallie Mae Bank (review here), and SmartyPig. I also opened a new investment account at Zecco (review here).
While I am publishing these numbers today, there is still a question about some of my outside income for March. This should be resolved by the end of the month, so the March results might change when I post an update next month. This outside income, in addition to a tax refund I received after changing the classification of my business, helped to provide a 11% increase over February’s month-end balances.
Here are the numbers.
Updated September 2, 2011 and originally published April 7, 2010. 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.