This month went very well, but it didn’t feel like it because I was desperately watching what’s going to happen in September: a big ol’ bundle of student loans. But September’s inevitable tumble in net worth (which will knock out all of the progress made on this graph, and then some) is not the topic here… yet. So, let’s focus on this month.
Change: $491 or +1.73%
My boyfriend’s generous gift of paying for my summer plane ticket deserves almost all of the credit for this month’s increase.
There are some interesting bits coming into play for next month. First of all, I’ll be driving again, and much more than ever before, as I begin commuting to school. So there will be the gas to pay for. Also, textbooks, a new cell phone battery (mine will no longer last a day on a full charge), renewing my license ($50), and some other small expenditures. Not to mention those student loans!
But, I’ve gotten back my old on-campus work study job, and I’m working on getting another job that I could do from home (a friend put in a word for me, but I haven’t heard from the company). So I’ll have more coming in than before, which should help offset the increase in expenses.
Also, although I am wracking up student loans again, they’ve gone into “deferment” which means I’m not making payments on them, and they’re not wracking up interest – except for one, my Federal Unsubsidized Direct Loan, which wracks up interest whether it’s in deferment or not. And I’m going to try really hard to pay off that Unsubsidized Loan interest as it’s added, so that it doesn’t roll into the principal when I graduate.