Net Worth Update: September 2017

Consistency

One thing I knew about starting my own business was that income and sales would not be consistent month-to-month. It’s one thing to know this going in, and quite another thing to see it! One thing on my to-do list for this coming month is to find a better way to track income that I’m expecting. For instance, I have several recurring payments that will be paid in October. I’ve made the sale, but I haven’t received the income yet.

Another focus is to look ahead and make sales to increase my income for next month. As an entrepreneur, I get paid today for the work I did yesterday. This is definitely a new world for me, and I’m grateful to have you all along for the ride!

I truly believe that continuing to show honest and transparent results in my own life will help me show up better for my clients and in my business. Having a true connection with my clients is so important, and it’s one of my favorite parts of coaching. So here’s to following through with my own advice!

Net Worth Update

September 2017 Net Worth

Asset Total Monthly Change Percent Change
Wells Fargo (401)k $24,456.51 +$313.46 +1.30%
Betterment- Brokerage $14,495.31 +$273.30 +1.92%
Synchrony- High Yield Savings $6,516.12 -$2,589.88 -28.44%
Checking Account $1,562.73 +$434.17 +38.47%
Total  $47,030.67 -$1,568.95 -3.23%

You can find all my net worth posts here.

Income and Expenses

Below is my updated Wall Chart for the month… you can see my income and expenses. The bottom line is income from my investment accounts- once this line crosses my expenses, I will have reached Financial Freedom! For more on Wall Charts, see my recommendations on building a better budget.

Wall Chart

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2 comments

  1. Church says:

    Kudos to you for grinding it out and managing through the timing between rendering your services and getting compensated. It’s sometimes a difficult matter to manage when you are just getting started.

    Either way, great job!

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