Budgets Suck

Gasp!  Egad!  Can it be?!!??  An even greater gain than last month?!!

If you can’t tell, I’m pretty stoked about this month’s numbers.  That tax refund always feels so good in the spring.  Got about $5000 back!  I know I know, I could’ve with held less from taxes and invested that money, but let’s face it, I’m not the most organized person out there, it’s nice to know you got a cushion coming.

Cash

As you can see, cash is my major boom each month.  That’s what budgeting and proper saving can do for you!  That being said, I did go over budget again, this month by $144, so I’ll have to transfer an extra $144 over to my investment account.  Still, that’s better than I did last month!  Don’t worry about the credit card, again I pay that off in full every month, it just takes a couple days to post to my account.

Investments

Down again on the IRA this month, which further solidifies my theory of selling in April and buying in August.  I’ve sold all the ones I’m going to sell for this spring.  I held on to some just because they’re doing extraordinarily well.  Will talk about my stock picks in a future post.

Loans

Pretty standard really.  Knockin out those student loans by age 35!  What really burns my bananas is that I pay a little over $1300 for mortgage and escrow on each of my homes, but of all that money which includes insurance, pmi, interest, and principle, only like $225 goes to the actual principle!!  Blerg!  As you can see by the drop in the Real Estate Acct, still not doing well on the real estate.  MUST…  RENT… ROOM!  ::waves arms furiously::

Good Things in May!

Oh I am excited for next month!  I’ve no doubt I shall reach the fabled net zero milestone!  There shall be drinking and partying and glory abounding, I swear!

 

Yes!  Recovery!

This month was a great gain!  It put me basically back where I was in February before value loss of house and car.  So I’m still on track for Net Zero in 2012!

Cash

I actually haven’t paid my bills yet this month, so my cash looks like it’s way up there!  But you need to subtract the $3,812 from my credit card to get a more accurate depiction of it.  Still, the networth is the same.  Real Estate went up but only because I put more money into it.  Still have one room vacant in the Rainbow house and NEED TO FILL IT!  Having a really hard time finding a tenant.

Investments

The last month, I had a 6% growth in my IRA, so I’m not surprised to see a drop this month.  It’s actually time to sell much of my holdings.  I typically sell in April and buy in August to escape the summer drop which historically happens every year.  People go on vacation and don’t want to track their stocks, so they just sell away their worries and go on a cruise.  When it’s time to work again in the fall, they start buying up more.

Loans

Not much to report here.  Slowly chopping away at the old loans with a plan to pay off all student loans by 2017!  Assuming Ah Puch does not return to the Earth and destroy us all on December 21st.  Yep, it’s been a pretty standard month.  Still went over my budget though because of a party i threw.  But good things are on their way.

Things to Come

I finally got my taxes done and sent away.  I am very happy to report, I am getting a little over $5 grand back!  That will skyrocket my net worth and I might actually make my intended June deadline!  So ecstatic!