July was another good month. My net worth increased 2.26%. A lot of this has to do with the great month that the stock market had. With the continued contributions to my retirement accounts and the market going up, it’s no surprise that my net worth increased.
For not the first time this year, my cash accounts did not do so well. And that I can’t blame on the markets. Some of that expense was contributions into my Roth IRA, but for the most part, it was just an expensive month. Car insurance and renters insurance, new tires, vaccinations for both cats, surgery for one of the cats. On top of that, just a lot of spending.
I’m going to do what I can to control my costs in August. Unfortunately, I have training out of the office 8 days, which means 8 lunches out. In addition, my sister is coming to visit one weekend, and my parents two weekends after that. I know my parents will insist on paying for everything, but I don’t want to take advantage of their generosity and am hoping to get to pay for a few meals. And then there’s the wedding I’m attending in Chicago. The flight is purchased, but there’s also going to be a rental car and hotel room. Thankfully, I’m splitting that with one of my best friends from college. I also have to buy their wedding gift sometime this month.
Until I wrote that all down, I hadn’t realized that my expenses were going to be so high this month. I guess I will be really counting my pennies in August.