This is my last net worth update of college! Does this mean we’re seeing the bottom of the “valley” that my net worth is in? Perhaps, but only time will tell on that. For now, all we can do is check in on the current situation.
Change: $187 or 0.49 %
A little positive change for a change! 😉 Not much, but I finished work at the end of January, so I only got one paycheck this month. I’m beefing up my “side hustle” income (blogging, freelancing, etc.) to tide me over while I look for “real work.” In fact, I made quite a bit more than usual in February, but I don’t receive the payments for that until March, so it’s not reflected here. Also, I have to put a lot of it aside for taxes!
I paid some money into my student loan interest, and got the balance back down to its December 2008 level: $42,220. My loans should click over from “in-school deferment” to repayment or grace period any day now. That means my interest charges will spike up… fun!
I’ve stopped depreciating the value of my car for my net worth. Right now, it’s in between the Kelly Blue Book value for trade-in and private party sale, so that’s just about perfect, as far as I’m concerned.
There may be some rough months ahead, but I’m really hopeful that over time, we will come to see this as the “turning point.” Just remember, all those drops from before represent me getting a Bachelor’s degree! (I have to remind myself, most days.)