Monthly Update: December 2007
December was the first month of 2007 where we had a negative net income for a month. Net income for the quarter was still able to grow by over $400 compared to Q3 because of the credit card payments being so low for the quarter.
Total income was down due to a realized loss. Excluding the realized loss there was pretty decent growth for the quarter. Expenses grew as I continued to receive medical bills and pay them off. I will have medical bills completely paid off in January or February. Credit card payments are way down for the quarter, but I will pay my credit card off in January, so this will sky rocket and look bad, but it won’t be as bad as it looks.
Net worth increased by 0.75% for the month which is awful. Starting in January I’ll go back to paying a little more on my student loans. I expect assets to grow pretty good during January since I’ll be getting a 50% match on my ESPP, which equates to $1k.
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