I've updated my networth on NetworhIQ. This month saw a rebound in terms of overall net worth, but that was mostly due to aggressive saving on my part. Now that my car loan is paid off, over half of my salary goes to investments and savings.
My cash cushion took a hit last month due to troubles getting my credit card arbitrage system in place. I deemed it better to use some funds from savings than pay more in finance charges. Also, on a lighter note, I switched my goal tracker from a bar graph made in GIMP to a gauge from google docs. I figure it will be easier to update.
A review of my goal to have $12,000 by the end of the year shows that at this time it would be unrealistic. I would have to save over $1600 a month to meet that goal! I think that meeting it in the next 5 months is not really necessary. I would rather use most of that income on potentially more rewarding investments like stocks and peer to peer loans. To that end I'm only going to be saving about $600 a month, in which case it will take me about 12 more months to have sufficient funds.
Finally, this makes my 100th blog post! Actually, I wish I would have reached this milestone sooner, but I haven't had time to make very many quality posts. Here's to trying harder in the future to make more time, or use my time more efficiently.
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