Net Worth Update - September 2006
Luckily I did not have any unexpected expenses this last month and was able to meet my goal of a 9k networth! I was helped out with financial aid coming in too. Now I get to watch as my 30% monthly gains turn into negative monthly gains due to tuition, rent, etc.
The biggest change was paying off most of my 0% balance transfer offers that were ending this month. But don’t worry, I will be back to borrow five digit sums of money from credit card companies in another month.
I had been contemplating what to do with the money that I had in my TD Ameritrade account after receiving the $500 bonus. I decided to put 5k into cd’s and leave the rest to either invest in a mutual fund or purchase some stocks or etfs.
The goal for next month is to add 20k in balance transfer money once my new balances are updated on my accounts. Hopefully Chase, Discover, etc will cooperate in giving me the approvals and lines to make this happen.
September 4th, 2006 at 9:36 pm
Go you! Glad you met your goal.
September 5th, 2006 at 10:59 am
Now if you can get a 35% per month net worth increase for the rest of your life
September 7th, 2006 at 12:00 am
Nice little boast of 35% to the net worth! I agree with Saving Advice, would be nice to repeat that number every month!
-Medicated