I apologize for the lack of updates today. I’ve been completely swamped at work, as things tend to be at the beginning and the end of the month. There’s a new supervisor in my department, and I’ve been showing him the ropes.
The table that follows is my latest personal balance sheet, as of July 31, 2005. Once again, I’m reporting a little differently, as I try to find a format that I like. That doesn’t change the numbers, however. Read on after the chart for some commentary.
Note: The “business” savings and accounts receivable categories account for ads for this and other websites I run, in addition to web design and management services for two active clients at the moment. Not big money makers, but it doesn’t hurt.
Most of the increase in funds is due to the stock market. However, my salary was about $500 higher in July than June due to some overtime worked.
Also, I didn’t have any out of the ordinary expenses in July. I spent $50 more on groceries and $130 less on dining out/take out/convenience food than in June, which I see as a good improvement. Now I just have to train myself to do something with those groceries before they expire.
August should be an interesting month. I’ll be taking some money out of my savings account earmarked for “vacation.” The hotel we’ll be staying in while in Williamsburg was reserved for $110 a night, but I plan on trying to negotiate when we get down there. Aside from the hotel and gas for traveling, our expenses while on vacation shouldn’t be that high.
I really wanted to rent a convertible for the drive, though. Looking at the price ($500 for the weekend), I decided it just wasn’t a Good Idea.
One other note about July. I was able to consolidate one of my two outstanding student loans. I now have $6,165 at 2.875% and $4,230 at 4.77%. The latter one I pay down as my company reimburses me for my graduate degree. I wasn’t able to consolidate it because it hasn’t been fully disbursed.
Updated January 5, 2018 and originally published August 3, 2005.