Wow - what a crazy month...We went on our overseas trip. A fascination financial learning experience in bartering in the 3rd world, currency exchange rates, and purchasing power parity.
The good news is that we had already purchased our plane tickets (we earned 15,000 miles on my Delta Frequent Flyer program and putting me up to 36,000 points - enough for a ticket to Mexico!), paid for the hotels and travel, so we only spent about $500 on things like shopping, food, tips, tourist entrance fees, etc. Not too bad for a 10 day trip...
Then, I go back to work, and they do a round of layoffs - 10% of the firm.
Luckily I made the cut this round, and I pray there are no more cuts. My wife's firm is also going through layoffs, but her tenure has protected her as well so far... Hard Times.
Here's the action for the month:
Checking only went down as excess funds were transferred to savings.
Savings increased almost 10% because I am waiting to see how bonus season goes before putting more cash into the market.
Surprisingly, my Brokerage account went up a couple bucks, as did my 401k - the first time in a long time.
Although I have not increased the Real Estate account, my partner and I continue to clear almost $1,000 a month in free cash flow. This cash goes into a business account that I do not report in net worth until we do a distribution, as those funds may have to be used for repairs or CapEx.
I paid off some Credit Cards when I finally receive my $6,700 expense reimbursement, but I now have another $800 outstanding.
Net, we're up 1.6% this month, or $3,300 going into the holiday spending season and then BONUS SEASON in January!!!
I'd love for you to comment and tell me how you did this month?
Is your firm going through layoffs?
How much are you spending on gifts this year?
2 comments:
Did you have as scary of a month as I did? Tell me how you did!
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