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Personal Balance Sheet, September 2006 ($59,232, +9.70%)

This article was written by in Monthly Update. 2 comments.


When my net worth increases by almost 10% in one month, there isn’t much I can complain about. Such a feat gets more difficult as net worth gets higher, though I have seen little evidence of this in my life yet. Continue reading for the numbers.

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The increase from the prior month was pushed by a third paycheck, decent side business income as you’ll see in the following post, and by the stock market.

My student loans, which have remained stagnant lately, will now start decreasing little by little. I’m paying off my car loan by $300 every day, but many readers say I could be doing more. This is a real possibility.

I’ve so far put off buying the acoustic guitar and the new computer, but I don’t want to wait forever.

Just to cover all the bases, in the net worth chart, the personal Accounts Receivable is mostly my final tution reimbursement check. I should receive this in a few days and then be able to reduce my student loan by that amount (minus interest).

My spending is up as you’ll see in my income and expense review, but I pay the credit cards off every month to avoid interest charges.

I’m expecting a much more modest increase during October.

Published or updated October 2, 2006. 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.

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About the author

Luke Landes is the founder of Consumerism Commentary. He has been blogging and writing for the internet since 1995 and has been building online communities since 1991. Find out more about Luke Landes and follow him on Twitter. View all articles by .

{ 1 comment… read it below or add one }

avatar 2million

Smoking! Thats awesome – you clearly have some momentum behind your monthly gains. Cograts!

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