I’ve been floating off the high of my last positive net worth update all month! It feels so exciting to reach milestones, and I’m happy that I can continue this growth.
My next big money goal is paying off debt. It’s nice to know that I could potentially cash out all my assets and pay it off in one swoop, but that’s not the plan. I have approximately $10,000 worth of debt I still need to pay off, and I’ve spaced that payoff throughout the year. I want to have my credit cards (~$3,000) paid by the end of March. My next step is a credit consolidation loan (~$2,500) that I want paid by the end of June. Finally, my largest loan, a private student loan of approximately $4,200 I have to pay off by December. While the market continues to sway back and forth, I think this is where my net worth increases will really show over the next few months.
As of March 1st, 2021, my net worth is
$2,446!
I was not expecting this large a jump, but it was a combination of getting a yearly bonus and paying down some debt. I’d like to thank the Academy.