Personal Situation

/Personal Situation

I started my personal finance blog, myjourneytomillions, to share my personal financial situation in an anonymous way.  Sometimes I will highlight things that are going on in my  life that are not financial in nature.  In addition, in this category I share all my net worth updates.

July 2018 Net Worth Update

Thoughts before I calculate my net worth: I usually have a feeling as to how I did with regard to my net worth.  I think this month is going to be a down month.  It felt like the spending just did not stop, so combine that with a down month over month market and I should have a rare negative month. My Net Worth Calculation My Assets My assets are pretty simple: Emergency Fund – It is a little less than where I would like it, but I don’t calculate it in terms of monthly expenditures.  Rather I think to myself how much cash [...]

By |2018-07-02T11:04:38+00:00July 2nd, 2018|Personal Situation|4 Comments

Reviewing My Goals and Objectives for 2018

With about half the year gone, I figured it was a good time to check out my goals and objectives for 2018.  See if I am blowing any of them out of the water (unlikely) or if I am severely under-performing where I thought I'd be at this point (likely).  For the past few years I have orgnized my goals and objectives into the following categories, and as such it would only make sense to review them in the same categories: Professional Life Blogging World Online Income World Financial Goals Personal Life Mid-Year Review of my 2018 Goals and Objectives Professional Life [...]

By |2018-06-28T16:01:38+00:00June 29th, 2018|Personal Situation|4 Comments

Net Worth June 2018 Post

First of the month, so it is naturally that time to take account and see how I did for the past 30 days or so!  I have said this in the past, but I have no idea how other adults keep track of their finances without a spreadsheet or similar online tool.  Maybe they just don't? I get not having to share it with the world, but if you aren't keeping track of your net worth you are completely doing yourself a disservice.  At the very least it forces you to load up your debt and take account to make sure it [...]

By |2018-06-05T15:58:23+00:00June 1st, 2018|Personal Situation|3 Comments

May 2018 Net Worth Update

I know it is a tired thought reverberated since the time immemorial, but I can't believe how fast this year is going!  As I sit down to write this post, we are almost at the half way point for the year.  I am forced to think about the passage of time every time I write a net worth update, and sometimes that inspires me and sometimes it leaves me disillusioned.  This month I am left feeling overwhelmed - inspired to keep up the intensity but tired just thinking about the journey. Thoughts before I calculate my net worth: I usually have a [...]

By |2018-06-11T20:49:30+00:00May 1st, 2018|Personal Situation|2 Comments

Net Worth April 2017 Update

Every month for the past 6 or 7 years I have shared how my net worth has changed month over month and year to date.  I honestly believe that calculating your net worth is a valuable exercise for any household.  Calculating your net worth provides a near immediate (30 day) feedback as to how your decisions have affected the bottom line. Thoughts prior to calculating net worth: I am almost positive that this month is going to be rough.  This likely to be the first time in 3 years that I have two negative months in a row! Between increased spending (The Wife [...]

By |2018-06-20T23:01:23+00:00March 31st, 2018|Personal Situation|3 Comments