I haven’t updated my net worth in a while. I’m honestly a little afraid to! The house buying process probably killed my numbers. I’m okay with that, of course. But I don’t know that I want to see it written down.
Over the weekend, maybe I’ll finally bite the bullet and take a look at what’s going on with that pesky number.
During August, I’m going to try to really keep my spending in check. I do have a number of things that I want/need to buy for the house, but I’m going to really be careful to only buy the things that I plan to buy (a fireplace screen, a couch, etc) and not splurge on unnecessary things. Furnishing a home is expensive, even when you’re not spending huge amounts of money on the things you buy.
The rest of the year has the potential to be very expensive for me. I’m running a bunch of races in September and October. That means a bit of traveling and the hazards of race expos. Race expos are a great way to find running equipment deals, but they’re also a great way to empty your wallet. So I just have to keep the spending in check.
I’ve been thinking the same thing. We bought our house in June and are just starting to settle in. Luckily, we found a foreclosure in an outstanding neighborhood, so we bought a house that already had equity! I think if we ran the numbers we’re actually breaking even on the net worth, which is the first in a long time! Who knew a house in this economy could actually be an investment?