After months of being behind, I’m finally on it with reporting my net worth this month! Here’s how my financial picture looks heading into November:
I did make an adjustment to last month; I didn’t have my total loan amount for the new Escape, so I ball-parked the number. As it turns out, I ball-parked a bit too low. So I’ve adjusted that figure for this month and last.
Also, in the next few days I expect my liquid assets to decrease by $3,800. Ouch! This is the money that I’m paying out to the contractor for my porch project. I went back and forth on whether to include the deduction this month, since it should be deducted from my account any day now. In the end, I decided that since the money hasn’t left yet, its best not to adjust for it.
It’s very likely that I’ll be dipping back into the red next month. That idea doesn’t make me very happy. But, when you have a low net worth, these things happen. Hopefully, in the next year or so I can say goodbye permanently to ever again having a negative net worth!
– Cindy W.