I flipped out when I ran my 1/31 net worth in Quicken-- for some reason, the balance on my 401k appears weirdly low on that day. At first I thought it must have been when the recent market ups and downs really bottomed out, but when I checked it against my actual statement, I wasn't really down 18% for the month!! So with a little adjustment, I think I can confidently say that my net worth was NOT $317,455, but rather $342,763, a loss of 4.8% for the month.
It's disappointing, of course, but with the stock market the way it's been, what can you do? You can try to save money, and I did manage to save a little.
My expenses for the month were $6,331 vs. a budget of $6,572. Most of the reason I look good vs. the budget is that I overestimated my taxes at $2,394 vs. an actual of $2,029.
In other areas, I didn't fare as well:
- Dining: though I felt like I was eating dinner at home a bit more, I did have a couple of nice meals in restaurants, so I spent $776 vs. a budget of $600.
- Clothes: I bought a few things on sale, so I spent $426 vs. a budget of $167, but I've already returned a couple of things so I should be in better shape next month.
- Utilities $219
- Education $48
- Entertainment $5
- Household $26
- Misc. $305 (this includes a new portable hard drive, a protective skin for my ipod, a haircut and stocking up on some hair products that should last several months)
- Internet $20
- Newspapers $75 (2 months of the NYT subscription happened to fall in this month)
- Travel $576 ($76 Metrocard and $500 deposit on extremely exciting vacation!)
- Housing $1,944 (still no adjustment to escrow for property taxes)
- Charity $0. Zippo. Nada. And it's because I'm a horrible person, ok? I don't give a shit about anyone less fortunate than me! I am an evil, greedy bitch who likes to dance on the graves of starving children! (Actually it's just timing. There will be some items in this line next month.)