I’m starting to feel like a broken record with these net worth updates

I truly feel like I’m sinking but the bottom line just keeps increasing — this past month was no exception.

I mean, I realize it’s a pretty nice position to be in, you know, to feel like you’re bleeding money but somehow still finish with more than you started with.

Woe is me, right? I know, I know…

Boo-hoo, your net worth only went up 1800 bucks…

It’s an emotional thing rather than a math thing. I don’t feel like I’m making any progress — and that part sucks.

The math part is pretty cool. It doesn’t outweigh the emotional part though… For me, anyway…

So I’m back on the credit card roller coaster after nearly 3 years away from the peaks and valleys — and it’s killing my mood…

And, yet, I’m still making more than I’m spending.

It’s confusing.

Eitherway, I’m buckling down now and focusing on getting my debt level down. Savings will suffer a bit but it’s the credit card balance that’s making me feel like crap.

Here are the details on this month’s numbers:

Cash:
Just maintaining a constant balance here between $1500 and $2500. The $1500 mark to avoid a fee and the $2500 mark just cause if I go over that, I can safely afford an extra payment to the fine folks over at Visa and Mastercard.

Savings:
Already started cutting back on my contributions here. Basically, I’m only saving about $40 per week now plus $90 per week to cover my local property taxes which come due in July.

Gov’t Bonds:
I guess I could call this my “new” emergency fund. Should times get tough — like where I’m suddenly losing money each month — this is where I’ll need to draw from.

401k:
See, my mood is so low that I’ve even thought about stoping my contributions here. My employer no longer offers a match — and hasn’t for two years now — so it’s really tempting sometimes to shift my focus elsewhere. I’ve been contributing 15% of my paycheck for years now — maybe I should scale it back a bit to get out of this slump?

Home:
Whatever. Home values are pretty stable around here. Even if they weren’t, I’m not considering a move so it doesn’t really matter what the value is.

Auto 1, Auto 2, and Auto 3:
As expected, the value of a two-seat convertable jumps just as the weather warms up.

Credit Cards:
Well, I made some progress here. Not nearly enough — and you’ll see why once I publish my spending report in the next day or so.

I swear, I’m paying my balance down at a rapid pace — I just keep buying more stuff and negating 75% of my progress. Stupid. That’s why it blows my mind that my net worth keepings increasing — apparently I *can* afford to spend like crazy…

In all honestly, I’m treading water and I hate it. Oh, how I long to financially be back in the same position I was exactly one year ago with nearly $20k in my pocket and zero credit card debt…

I’ll get there…

Mortgage:
Just another minimum payment. I can’t believe that it’s been over a year since the the re-fi and I haven’t made a single extra payment.

Sometimes it makes me mad, especially after all of the progress I made on the mortgage balance prior to refinancing, but it’s the right thing to do (not overpay) when your monthly payment is insanely low like mine is right now — and for the next 29 years. (Don’t worry — I’ll have wiped it out by then…)

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