May 2008 Net Worth

My net worth for May 2008 is $151,701. I passed the $150k hump - yay!! This is a $3,203 or 2.16% increase over April 2008. Most of it can be attributed to my 401k. There was a lapse in contributions to my other investment accounts due to payroll issues at the new job, but we’re back in business. I’m still a long way from my annual net worth goal of $200k, but I’ll keep hope alive. *pumping fist in the air* What? Miracles can happen! LOL
INCOME & EXPENSES
May was a decent month, but don’t let the numbers fool you:
Net Income: $6,423
Total Expenses: $5,334
- Saved: $759
- Bills: $2,261
- Necessities: $1,216
- Non-necessities: $1,098
Net Cash Flow: $1,089
Based on the cash flow, it appears as if I did an excellent job controlling expenses, but I shall not tell a lie. The $900 stimulus rebate provided a buffer, most of which was promptly donated ($500) and the rest ($400) was spent on…umm…I plead the 5th. LOL
But wait, I’ll be honest about something. I exceeded my monthly spend plan in several categories. For one, the friggin’ cell phone bill was $115 higher than usual! When I saw it, I was like what the what?!?!?! Unfortunately, I can’t even blame BabyGirl this time. Darn! Other overages include:
- $350 on medical expenses
- $250 on vet visit (future post comparing annual pet expenses)
- $260 on personal pampering (money well spent)
- $185 dining out (includes Crackbucks obsession)
- $90 in parking (need to add regular line item in spend plan)
- $245 on vacation planning
See. The details tell the truth. But you know what? It’s ok because I can track every dime, I didn’t incur any debt, and all of it was money well spent - especially the personal pampering. *daydreaming* Woo-wee! If I had to do it all over, I wouldn’t change a thing.
That, to me, is financial freedom! ![]()



