Net Worth Update: July 2013 and Resolution Progress 2nd Quarter 2013

Wow, July just came here quickly, didn’t it?  I don’t know about you, but it just seemed to zoom here, even faster than normal.  Of course, perhaps part of that speedy arrival was the fact that I was running a contest most of June there’s nothing quite like having far more comments than usual (although, hopefully that will be fewer comments than average before too long).  It did add more than a little bit of time and effort to my blog work for June, but that’s just the start if I hope to really profit from this blog…

Speaking of profiting from this blog, those of you out there in reader land are probably more interested in the winners of the contest rather than my personal financial situation.  Rest assured, as you are reading this article, there are emails being sent out to the winners.  They will have 48 hours from now to respond or their prize will be passed on to the next selected winner, etc, etc.  Pretty much par for the course on such giveaways, and hopefully appropriate for this particular contest, as well.

Anyway, all of that aside, it’s time to look at my Net Worth at the start of the month of July, as well as how I am doing achieving my resolutions for 2013.  It’s been an interesting year so far, so lets see how things are lining up:

Net Worth July 2013a

Net Worth July 2013b
So, the investment area has much more money (well, where twenty-five hundred dollars counts as ‘much more’; but I digress), but only because my transfer from Fidelity has finally finished.  Savings are much lower, due to spending and quite a bit of debt repayment, hence the decrease in debt.  Overall there is an increase in Net Worth, although that’s sadly due mainly to the retirement fund transfer, rather than actual improvement in my financial situation.

On the plus side, the Alexa ranking for this site is better than last month; holding a fairly generous contest will do that for your popularity.  With that in mind, let’s see where things stand on achieving my goals and resolutions for 2013:

Net Worth July 2013c
Not too shabby, all in all, but not where I’d hope to be.  My alternative income is up to $200, much more than so far this year, but far lower than the $3000 per month I was hoping to achieve by this point.  That was one of my resolutions, after all.  If I can substantially increase that alternative income this month, it’ll definitely help improve that whole net worth thing (plus, it could enable more contests in future…)

As for the other resolutions, I haven’t yet gotten a job, so that’s not yet achieved.  I’ve been searching for one for quite a while, without too much success so far.  Still, until I get that alternative income up to $3000 (and then even more), there’s still a need to get a job in order to support my family.  (I do realize that these resolutions might seem contradictory, but if I achieve both, I’d be able to greatly cut down my debt and achieve all my other financial goals much more easily.)

My last resolution, caring for my wife and daughter, has been one that I’ve being doing every day without fail.  As I noted when first making these resolutions, I didn’t really expect that I wouldn’t be able to do that, but I had wanted a resolution I’d be sure to achieve, as well as a reminder that there are more important things in life than building up an alternate income or even getting a job.

That pretty much sums up things for the first half of 2013 with me; here’s hoping that you’ve been having a pretty good 2013 so far, as well.  Enjoy the rest of 2013, my wonderful readers!

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