Net Worth Update: February 2016

Wow, you guys, I totally didn’t intend to just go to total blackout there. I know those of you who follow me on twitter knew that I was really busy (so busy I haven’t actually logged into twitter for a while now) but still, hope nobody was concerned. It’s just been a combination of things: my day job, my two volunteer gigs, and my freelance work are all occupying a lot of attention right now. And I also think that with the combination of stability and uncertainty (financial stability is much greater, but I don’t know if I’m buying a house here or moving for a new job, which makes it so hard to think about the future) my interest in blogging has been lower lately. Not that I plan to give up the blog! But I will probably be much patchier about posting over the next few months, until I have a better idea of where my financial life and the rest of my life is headed. Just a heads up in case one of these two-weeks-with-no-posts things happens again.

In the meantime, I have been keeping up with recording my finances. This month, I had income from several sources again:

$3108 from my day job (net, including retirement contribution, after taxes & insurance)

$25.00 from Swagbucks

$22.44 from Ebates

$95.00 from freelance writing

$10.00 from credit card cashback

Total: $3260

But I also had lots of travel expenses etc. Did I finally crack the mythical $35K barrier I’ve been working on for a while? To the numbers!

Screen Shot 2016-02-28 at 3.14.02 PM

The only thing that’s really worth noting is the travel expenses, which were pretty nuts! They include all the expenses for my uncle’s funeral, plus the plane ticket for my new goddaughter’s baptism in April. Other than that, spending was exceptionally boring. Slush was one ebook purchase, plus a few meals I ate out. “Gifts” included a birthday present for my mom and a donation to a local group I support. I guess this was good, since it meant even with cash-flowing over $600 of travel, I still spent less than 50% of my income in February.

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Also, *drumroll*, the markets did a bit better this month, so I was able to make a substantial gain and finally cross that $35K mark I’ve been going after for a while now. I ended February at $36311.02, for a gain of $1903.67, which is pretty good! I want to get over $50K this year so there’s still a long way to go, but I have to be pleased when I have such a high travel expense month and still come out well ahead. Good thing too since I know I’m going to have several big ticket items to pay for in March — this gives me a head start. Hope you all had good months too!

23 thoughts on “Net Worth Update: February 2016

  1. Congrats on meeting your goal! And getting your freelance income going.

    1. thesingledollar says:

      Thank you!

  2. Woooo! 35k! +1.3k! You made it! Virtual high five! So much travel and you still saved 50% of your income.

    Nice job, grasshopper. … because you have so much green in your report. The red spot is a ladybug. 😀

    1. thesingledollar says:

      I know, I totally enjoyed greening so much of that! It’s very market-dependent, obviously, but at least I’m doing my part 🙂

  3. Hannah says:

    That down payment fund is starting to look very pretty! Remember, no accidentally investing if you still want to buy a house this summer 🙂

    1. thesingledollar says:

      Definitely no more accidental investing! At least until I figure out whether I’m buying or not 🙂

  4. Congratulations on reaching your goal!!

    1. thesingledollar says:

      Thanks! More goals to reach for now but it’s nice to finally see that one rolled over.

  5. Yay, congrats on hitting that mark! I totally get feeling pulled in several directions at once — currently working, doing some OT, blogging 3 times a week, working on an e-book, getting ready for another pregnancy attempt and, oh yeah, being sick and having a sick husband — so I encourage you to take a breather. I promise not to get too concerned by your absence. Probably. I’m a worrier.

    1. thesingledollar says:

      Well, as long as I’m happily and productively busy, I have less time for blogging usually — if I’m depressed and worried, I take it straight to the blog. So I think no news is good news 🙂 Good luck with all of your stuff — that’s a lot!

  6. I don’t like being in limbo, but you sound like you’re OK with the uncertainty regarding where you’ll work next year and the whole house thing. I can’t help but hope that gets decided upon sooner rather than later. Always great to hit a milestone! (And by the way, we had our will updated last month. Last year, you wrote about wills, and I said we would update ours before the end of 2015. Well, we missed that deadline, but we did finally do it.)

    1. thesingledollar says:

      Well, I hate being in limbo too, but I don’t have much choice right now so I’m trying to be ok with it 🙂 It shouldn’t be long — a couple of months, max. Congrats on getting your wills dealt with too 🙂

  7. Wait, did you really spend exactly $300.00 on groceries? How did you manage that? Also, how did you spend $0 on your phone? (Did I miss this? You have a phone, right?) Also, I know I’ve commented on this before, but man, $300 for rent sounds amazing.

    In any case, congrats on passing $35K! Sounds like a pretty good month to me. 🙂

    1. thesingledollar says:

      Oh, the $300 was actually in cash, which I use for groceries 🙂 And I do have a phone! But I only send my friends (whose family plan I’m on) a check every few months. So next month it’ll show $100 but that’s for four months worth of phone. The rent is usually $400 — not that I’m complaining, heh — but we took $100 off this month because I did a lot of dog care while my housemate was out of town…. And yes, thanks, it was a good month 🙂

    1. thesingledollar says:

      Thanks!

  8. Glad to hear all is well and that you’re busy with the freelance hustle! 🙂

    1. thesingledollar says:

      Thanks! I think I’m going to try to post once a week just so I don’t totally lose the ol’ blogging muscles….

  9. Kyle says:

    Nice, $50k is actually my goal this year too. My blogging also took a back seat, life happens.

    1. thesingledollar says:

      Life happens is totally right 🙂 Good luck on getting to $50K this year!

  10. you seem like you’re OK with the vulnerability in regards to where you’ll work one year from now and the entire house thing. I can’t resist the urge to trust that gets settled on as soon as possible. Continuously awesome to hit a development! Also, coincidentally, we had our will upgraded a month ago. A year ago, you expounded on wills, and I said we would upgrade our own before the end of 2015. All things considered, we missed that due date, yet we did at long last do it.

    1. thesingledollar says:

      Hello friend! Congrats on getting your will done 🙂

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