My Current Net Worth – July 2013

It’s officially the end of the second quarter of 2013. Where has the time gone? I started this blog to track my progress in growing my (net) worth. At the end of every quarter, I plan to give an update of where I am financially.

Here’s the results from Quarter 2:

June 30th 2013 Net Worth Update
June 30th 2013 Net Worth Update

I am officially out of the red!

It may not seem like much, but on a salary of ~$45,000 a year, I don’t think it’s too shabby. I took a few hits this quarter, with a major sewer project and educational expenses. Even still, I managed to grow my worth by ~$2,700. Not bad at all!

My biggest hurdles in the near future will be health care bills. I’ve gotten the EOBs (Explanation of Benefits) from my insurance company for most of the services provided for my ankle sprain and the beetle in my ear. The numbers are looking a little scary so far! But it’s still being fought out as to whether or not there is an actual 48 hour policy on our accident coverage, and whether or not the Provider I used for my ankle injury was In-Network (I checked beforehand, and he was, but the insurance company says the EIN number provided isn’t matching up). Hopefully it will all get sorted out, and I won’t be forced to wipe-out my entire savings account over two minor incidents!

For those of you who are following this blog, I’m wondering: Should I keep doing updates quarterly? Or should I switch to monthly updates? I’m not really sure how much change there would be one month to the next. Although waiting an entire quarter seems like a long time!

– Cindy W.

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