Goal Update June, 2008
I am up 3.75% for the month!
Increasing my net worth by nearly 4% is a pretty big deal to me. If I could keep this progress up I’m sure I could make it to my goal fairly easy. The only problem is that it will be easier to get this rate of return now, but once I have say 90k, it will me much harder to get 3.75% monthly yield on my money. Without further ado, lets take a look at where I made my money this month.
Sources of Income:
Job: ~$700
Prosper: $24.00
Advertisements(on this blog): $6.28
Gold: $66
Ebay: $170
I earned around $700 this month from my job. Next month this will probably go up to around $800. This month was lower because I didn’t get out of school until about a week into the month.
I actually have two late loans on prosper. I am not very happy about this. They still have time to pay, but as time goes on I think it keeps becoming less and less likely that they will pay up. I will post the negative return if they ever go into collections. Right now I just hoping they pay up soon!
My advertising income went way down from last month. This is no real big deal. I understood that this would happen. I stopped working on this blog for a while at the beginning of the month and had very little traffic. It is starting to pick back up again now and I am hoping next month will be much better.
Gold went up a lot during the middle of the month. I probably should have sold. Near the end of the month it tanked again. I still think it is only headed upward, so I am going to keep holding on to it.
I have also been selling my college books online. So far I have sold three (I think) and I made back $170. I still have plenty more to sell, so I hope I get a lot more out of them.
Accounts
Bank: $8807
Retirement: $8668
Prosper: $2078
Gold: $5307
These are all pretty self explanatory. Hmm I think I have a lot of money in the bank. Maybe I should try to find something else to invest in. I do have to pay for next semester of college soon but, I don’t think that will be too much. I hate to have my money sitting idle and losing money to inflation. I’ll look into it in the coming month.
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Sounds like you are doing really well. I found last month was poor income wise from advertisements on my blog – hopefully it will pick up for both of us this month.