August Net Worth Update

My assets decreased by $579.62 and my liabilities decreased by $587.71. This is the first time since reporting my net worth updates that my assets decreased! Here's the summary explanation:

Assets

403(b): (+33.06) I'm rather sad about the pathetic performance of this account. I haven't double checked, but considering that my last net worth update was so late, I think this simply reflects an increase in my investments. Otherwise, this number includes my matched contribution(s) and simply shows how the market took it's toll on my investments....and that $33.06 is all I have to show for it. I'll get around to checking on the details and will update you.

Emergency Savings: (-394.74) In the last net worth update, I mentioned that I'd take $400 out to cover my car registration expenses. Well. This is the effect of it: $57.14 in my "emergency savings" account. I'm not losing any sleep over it. In the event I have a major unexpected expense, I'll put it on my credit card and will pay the balance with "car payment" money. Sounds familiar, hunh?

Regular Brokerage Account and Roth IRA: (-98.75 and -169.19) I really don't want to talk about this. But, a part of investing means that your equities are at risk of losing its value. That totally happened here.

Savings Account: (+50) I transferred $50 to this account in preparation for a trip to New England. Only a day or two later, plans for such a trip were scrapped (at least for this year). I think I'll re-transfer the money and use it to cover my massive credit card debt. A bit on that later...

Liabilities

Car Loan: (0) Despite having money transferred to my credit union account, I have not gotten around to transferring the funds to my car loan account. I'll receive a direct deposit this week, and thought that I would wait until new car payment funds cleared so I could make a larger payment. I know, it doesn't make much of a difference and I should probably stop being lazy.

Credit Card: (-6.00) Since receiving my new rewards credit card, I've been treating my old one like a bald-headed-stepchild (or however the saying goes). The $6 balance on the card is a recurring service I pay for. Since it's related to work, I should probably get around to submitting a reimbursement for it. I know, laziness is rearing its ugly head again...

Rewards Credit Card (-703.49) So far I've racked up 11,674 points (put another way, I can redeem it for travel worth $116.74). I've also racked up a bunch of debt. In fact, my balance is $1,115.65 (as of 08/04). Airfare, gasoline, food, car parts, and other stuff. I need to reconfigure my expense tracker to better capture how much I'm spending in these various categories. Currently, they're all filed under my "CC Rewards" column.

Student Loan: (+121.73) As I indicated in my last update, my student loan payment decreased (I still don't know why). Anywho, I am $121.73 closer to a zero balance.