At the bottom of this post is a screenshot from the spreadsheet I was using in 2016 when I became serious about tracking my income, spending, and my investing.
In hindsight I wish I had made these posts in real-time, as my situation was unfolding. I had intentions to do so, but, I was focused on graduating at the top of my college class and landing a job that would triple my income.
This is for the month of July, 2016.
Let’s see what we’ve got!
Total Income: $2279.30
Total Spending: $1501.93
Total Invested: $632.21
% of Income Invested: 22.75%
Total Net Worth: $30,961.34
It’s tough looking back three or four years and trying to remember exactly what was going on. Plus, I haven’t been active typing up these “past reports” for sometime, but I’ll see if I can get back into the swing of things.
Not a bad month, all things considered. I’m still in the middle of my work term, making my $16.50’ish an hour. Income for the month is alright by my standards, and so is my expenses and total invested.
I remember around this time I had probably decided to start siphoning off a portion of my income to cover the cost of my second year’s tuition. I remember doing the math so that I’d know exactly how many paychecks I had left before tuition was due, and how much per pay I would need to set aside to ensure I hit that number.
All and all, a pretty “boring” month…sometimes I like boring. Plus, a jump in net worth of about $2500…I’ll take it!