In Budget Roundups

May 2015 Budget Roundup = $400,341.03 or an increase of $28,892.17 or +7.77%

LOOKING BACK

By the way, I forgot to post in my wardrobe revamp, but this is how I styled my ‘new’ top that I DIY’ed.

MY NET WORTH INCREASED BY $100,000 IN 5 MONTHS

My face is all like this.. O_o… when I realized that.

I didn’t think I saw the numbers right until I looked closely, and sure enough..

I increased my net worth by $100,000 in only 5 months…

…and I increased my net worth by $172,000 in 8 months.

I’ll be at half a million by the end of this year if it keeps going like this.

I think I also smashed my initial goal to increase my net worth by $300 a day (as per Bridget’s challenge) about 7 months ahead of schedule.


300-a-day-net-worth-goal-2014

$300/day = $109,500

Here is my journey since 2006 in case you’re interested.

save-spend-splurge-net-worth-chart-journey-2006-to-2015

You can also see my net worth broken down pretty much by month for as far back as I could go (the rest of my net worth roundups were on an old blog I sold).

Where all the spikes happen, are where I actually worked full-time.

Otherwise the flat or plateaued lines (in some cases, dips in net worth) are from when I took the time off and traveled sometimes by choice, other times because I had to (there were no jobs).

..and to think it all started with a simple, lowly little budgeting tool to whip my butt into shape.

I still track my spending on a daily basis (obviously).. this post is proof positive of that.

SEXISM ABOUND…

I shouldn’t be surprised but I received a rather indirectly insulting/sexist letter the other day from my lawyer. I pay a lot of money for legal services and when they sent me the bill, not only did they invert my name (calling me by my last name), they put  “Mr.” In front.
Seriously?!?

Never mind the name screw up when I pay thousands of dollars but what irks me slightly is the title.

We in this day and age are going to assume that every person is a man rather than do the generic address of Mr./Mrs. if we aren’t sure?!

It peeved me off enough to consider withdrawing my patronage. I really dislike it when just because I’m a business owner it is assumed that I have to be a man, no matter what we have learned in this day and age.

Don’t even get me started on ageism.

I get so many comments about my age it isn’t a surprise any more when people joke that I was probably not even born at so-and-so time.

WHAT IS THE POINT OF HIRING GOOD PEOPLE?

What is the point of hiring professionals if you won’t take their advice?

*shakes head*

Don’t mind me. I’m just venting.

I LOVE THIS GEMSTONE TRAY

Isn’t this jewellery tray pretty? $34. Handmade in Utah. I want it. If only I had a vanity to put it on…

mineral-and-matter-etsy-jewellery-dish


Speaking of jewellery has anyone noticed how freakin’ expensive the cheap stuff has gotten? I mean $30 – $60 for a cheap piece of crap in some mall store is what you can pay for something really nice online.

INCOME = $25,200.23

From my day job mostly, a little bit of blog income from advertising but that’s around $75 or so. *shrug*

EXPENSES = $3282.10

PROBABLY could have made it to $2500 had I not bought those really cute shoes from Club Monaco and this great tote I saw online… *scuffs toe*.. oh and this skirt in June but who’s counting any more?

save-spend-splurge-may-2015-budget-roundup-expenses

save-spend-splurge-may-2015-budget-roundup-expenses-pie-chart

TOP 5 CATEGORIES OF SPENDING

save-spend-splurge-may-2015-budget-roundup-expenses-top-5-category

SAVED: ON PARKING AND EATING OUT

Mostly because I haven’t been doing either.

SPENT: ON STOCKING UP ON TOILET PAPER

Yawn.

SPLURGED: ON THESE TWO PAIRS OF SHOES & A CUTE TOTE

So… pretty….!!!!

Still deciding if I should keep them and justify a pair of short boots… #shopping #clubmonaco #shoes #ootd #style #fashion A photo posted by Sherry @ Save. Spend. Splurge. (@saverspender) on

NET WORTH: $400,341.03 or an increase of $28,892.17 or +7.77%

I made it y’all! Just another $100,000 to go and I’m a half a millionaire. I think I can do this. Anyway, soon it may all go to a house and I pretty much start from scratch, so to speak because I’m going to assume the house is prepaid rent for the next 30+ years. I’m assuming about $250,000 of my net worth will be a house, and the other $250,000 will be cash / liquid assets, so my net worth will be 50% in a house by the end of this year… fully paid in cash of course. save-spend-splurge-may-2015-budget-roundup-net-worth I’m liking these numbers and this trajectory. save-spend-splurge-may-2015-budget-roundup-net-worth-past-12-months  

BABY BUN’S NET WORTH = $9085.72

Speaking of killing it, Baby Bun has been doing the same. I was hoping $10,000 for him but .. patience! Slight increase in May but not a big one because I’m investing in oil index funds for The Bun as he has time to wait before having to cash in anything. save-spend-splurge-may-2015-budget-roundup-net-worth-of-baby-bun

LOOKING FORWARD

… Umm I already bought a cute skirt which I am planning on keeping but in my defense, I returned another cute blouse and skirt to justify that I didn’t love it as much as THIS cute skirt. See below:

And another angle of that skirt.. #ootd #shopping #shopaholic #definitelykeepingthis #iloveit #style #chic A photo posted by Sherry @ Save. Spend. Splurge. (@saverspender) on


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Sherry of Save. Spend. Splurge.

I got out of $60,000 of debt in 18 months using TheBudgetingTool.com. Since then, I have worked 50% of my career (taking 1-2 year breaks), and quadrupled my income within 2 years of graduating, going from $65K to $260K (savings rate = 85%). I could retire today if I wanted, but love my work-life balance as a freelancing consultant in STEM (Science, Technology, Engineering, Math). I also post daily on Instagram @saverspender.

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9 Comments

  1. The Asian Pear

    Holy crap girl! You are totally rocking it with the net worth! 😀 MOOOOOOOOOONEY!!

    Reply
  2. Leigh

    You are killing it with the net worth! It’s fun watching it go up after being stationary for so long! I think it’s pretty cool that you plan to pay for your half of the house in cash.

    I would be pretty pissed at your lawyer too. I get mail from a charity addressed to Mrs. MyFirst MyLast, which pisses me off because I’m not married and even if I was, I would never, ever go by Mrs. I usually use Ms. myself when filling out forms, but the frequent flyer number I got in high school still has Miss, which is fine since it was my doing and I’m too lazy to change it. It makes me think of myself as a dainty unmarried lady from the last century 😀

    Reply
    1. save. spend. splurge.

      Lol dainty unmarried woman… 🙂 I don’t mind Mrs even if it is wrong but at least get my gender right!

      Reply
      1. Leigh

        @save. spend. splurge.: Interesting – I hate Mrs. with a fiery passion. But then again, I don’t plan to change my name if I get married either. Mrs. just implies to me that I am a man’s property, whereas Ms. is my own identity.

        Reply
        1. save. spend. splurge.

          That’s such a good point. I always just thought of “Mrs” as the female equivalent of “Mr”..

          Reply
  3. Lani

    So, I have a question for you. I am an attorney by trade, and we get lectured by our firm to triple and quadruple check our clients’ names and titles before we send them anything. I’m curious to know whether you are going to send a note or call your firm to let them know of the name mishap. I think I would want to know so I could make sure not to do it again, apologize to my client, and maintain/damage control the relationship, as well.

    Reply
    1. save. spend. splurge.

      Yes I did. He apologized but I was really quite peeved about the whole situation.

      Reply

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