No net worth increase for me in September. My net worth dropped 3.62%. I’m actually surprised it wasn’t worse, given the current state of the economy. As expected, it was my investments that took the hit – my cash accounts are slowly growing. It’s tough to look at my spreadsheet and see 10% losses in a number of my investments. Overall, my investments dropped around 9.5%. Ouch! I just have to ride this one out, I think.
In October, I’m working on being an even better saver. I’m closely tracking my grocery spending. I’m actively looking for better CD rates, rather than keeping my money with one brokerage firm. I’m afraid to diversify too much, simply because I don’t want to have to keep track of money at too many different places, but I’m putting money into CDs at ING Direct and possibly at HSBC as well. I should also see a small raise in my paycheck sometime this month. All of that will help. And I fully expect October to be a much better month.