The last, and only, time I presented my net worth…without numbers… was Thursday and since today is Thursday, the first Thursday after the end of month will henceforth be known as NetworThursday.
Yes, a tradition like no other. Henceforth! Is that…not the right way to use that word?
Alright, go wash up, we’re gonna set the table and take a glimpse at my portfolio plus take a plunge into my August cash outflows which feature an mp3 purchase you won’t want to miss.
The markets dipped in August so my retirement portfolio was squeezed a little. Meh. Moving on.
I’m still sitting in cash, house hunt and all, so nothing to talk about here, other than outflows later.
My kids’ college funds took a dip with the rest of the market, as they’re both sitting in a Total Market Index Fund. I’m still just not quite sure whose money this. It’s in my name and I have total control over it, but it’ll ultimately be used to pay for (part of?) their higher education and fraternity paddles. But if they don’t end up needing it because of scholarships, or a decision to take a different path after high school, then it could be my money.
My risk adverse side says to exclude it. But…what if…? It stays, for now.
Here’s how the month turned out:
This charge will hit every few months and accounts our household’s soap, cosmetics, witch hazel, apothecary creams, etc.
I’m…I have…this is what it is. It’s been very, very hot and there’s always someone home. We keep the air on 76 or 77 and I don’t think that’s crazy at all.
Timing meant that two months of water bills fell into August, just an anomaly.
Prices at the pump didn’t do much from last month. I took a look and it was just one of those quirky times when there are a couple of fill-ups during the last few days of the month. I expect next month to take a dive from here.
You know, I think this is fair. I count it in my Net Worth, but I also include it as spending.
But for discussion, if I back off the 529 funding, plus cut the water in half, shave down the personal care by two-thirds, and pull back the gas spending a bit, it really wasn’t that bad of a month, at least compared to my personal expectations.
Frugalists and minimalists are scoffing at that. But I can handle it.
Oh yeah, one more thing. $1 on entertainment? The whole month? Yes, folks, that’s an mp3 purchase. Drive By by Train. There, I said it. My daughter loves dancing around the room to this song, again and again and again and again. It was a $1 well spent.
Great, now I’ve offended minimalists AND music snobs. How can I go on like this?!
Talk with you soon!