Debt: I paid off $1,300 bringing my total to -$89,000 Retirement: My investments decreased $100 bringing my total to $84,300 ----- Net worth: This went up by $1,100 to -$4,700
Of course, a $100 drop to an investment portfolio isn't too terrible, but what makes this troublesome is that I actually contributed $2,900 to my retirement accounts (including employer match).
My portfolio is aggressively allocated at 50-40-10, domestic stock-international stock-domestic bonds. The steeply sloping attached chart shows just the 10 percent drop these combined funds have seen over the last couple months.
October 2015 personal finance goals
Just to make sure I've still got the fire, I'm going to set some very aggressive goals for October in hopes of getting past $0.
Goal #1: Contribute $4,700 in total (again, including employer match) to debt and retirement. If the market's gonna be a jerk, I'm going to do my best to out-muscle it.
Goal #2: In order to make sure I have $4,700 left over to contribute, I'll do a "no-spend" month. Obviously, I'll spend money on things like rent and groceries, but no:
Drinking at bars
Getting coffee at cafes
Taking cabs or Ubers
Buying new toiletries, clothes
Goal #3: Sell, give away, or otherwise rid myself of 100 things. Maybe I'll make a little more cash to send to debt and retirement. At the very least, I won't trip over so much stuff.
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