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Monthly Financial Update for March
By Jay | April 6, 2008
I wrote at the beginning of March that this would be a “Treading Water” month financially and, sure enough, that’s exactly what it was. My credit card debt is exactly the same as it was at the beginning of the month. I paid down about $500, but I have $500 now on the card I use for monthly expenses. I pay this card off every month, but have been waiting for my income tax refund to do so this month. The refund should come any time now.
My retirement account bounced back and is above $80,000 again, bringing up my net worth a bit. This is artificial though, as I don’t plan on touching that money for another 15 years.
April will be better — not a treading water month. I’m getting back over $1000 from the IRS, and hope to draw some profit from my book business. My goal is to add $2000 to my savings before the end of the month, bringing my emergency savings fund to $5000.
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Stumble it!
Topics: Finance |
April 6th, 2008 at 10:03 am
March was something of a “treading water” month for us, too. Keep up the good work, though!