Miss Thrifty's April 2016 Net Worth
April showers bring May flowers? It has rained a ton here in the south over the last day. Maybe that bodes for a verdant month of May?
I knew it would be hard to beat the progress of March's Net Worth post, which was amazing for debt repayment.
But, here we go:
Let's see here. My checking has stayed about the same and my emergency savings has benefited from a little interest boost (thanks, Capital One 360!). I paid over a thousand toward my student loan (read about my repayment strategies here). I was able to do this large amount because I had loaned money to a friend and she paid me back in full this month, way ahead of schedule.
My retirement accounts are in the green and I continue to contribute $100 a month to my Roth IRA with roboadvisor Betterment. I know the amount is small, but it's what I can afford right now while still saving and paying off my loans.
In April, I put 42% of my paycheck toward savings and student loan repayment. I still want to see this number closer to 50%! I did buy a little inventory for a side hustle of Amazon FBA... A couple weeks in and I've almost broken even, not a huge fan to be honest. In addition, I attended a "free" music festival where I ate and drank my way to a wonderful time (albeit not too free!).
In May, I'm going to spend as little as possible (the goal is under $1,000 but we'll see how low I can go!). My last day of work is only a week away and May 30 is my last paycheck for the foreseeable future. So, I'll be paying the minimum on my student loan and instead beefing up my savings even more in case my period of unemployment lasts longer than anticipated.
Love the voyeurism of seeing my net worth? Check out a ton of other personal finance bloggers who track their assets and liabilities over at Rockstar Finance!