DESTINATION FINANCIAL INDEPENDENTS: JULY 2015, NET WORTH

I know it’s late, but its been a crazy busy summer — hey better late than never, right? So anyways, another month has past and it’s time for another net worth update. Below are July’s numbers:

July, 2015 Net Worth

 

July, 2015 Net Worth: $77,346 (+$2,424)

I did a little better this month compared to last month. The reason for the increase is has a lot to do with the recovery of my brokerage and retirement accounts. Back in June, the stock market was down which in turn lead to a decrease in both my brokerage and retirement accounts. Luckily, they recovered in July.

Assets

CASH

Cash

Cash / Savings: $46,580 (+$1,402)

My cash savings is up $1,402. The increase is from money I earned from my job primarily.

Certificates of Deposit: $9,526 (+$14)

I received $14 in dividends in July.

 

Investments

Investments

Stocks (Brokerage Account): $22,224 (+$523)

The value of my brokerage account increased by $523. This was due to an increase in the market.

Bonds: $2,710 (+$0.00)

One of these days I’ll go on the treasuries website and update the value of these.

 

Retirement

Retirement

IRA Account: $8,084 (+143)

The stock market increased, creating an increase in my IRA account.

 

Personal

Personal

Automobile: $1,000 (+$0.00)

I don’t believe this amount will change anytime soon.

 

Liabilities

 

Liabilities

Debt

  • Credit Cards: $442 (+$90)
  • Student Loans: 12,276 (-$433)

 

Mr. D.o.M.

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