Providence
I spent the last month of 2007 and the first two weeks of 2008 at home, looking for work. I was blessed with the opportunity to earn some income in the middle of January, and I’ve been working since then. The expectation is that I will be working on this project until spring or summer. I’m still looking for an opportunity to take advantage of at that point. However, I am not hoarding my money just because my employment situation isn’t quite stable yet. My goals haven’t changed, and my January net worth reflects that.
I didn’t add much to my savings or retirement, because my first priority has been staying current with my bills. I’d been using the credit cards more often for other expenses - I used them like advances on my unemployment compensation. So I didn’t really save anything. However, just staying current on my bills helped to increase my net worth. Also, just like I said I’d do last month, as soon as I started getting income from my current job, I made a point of reducing my old credit card debt. Put together, these efforts have advanced my net worth by over a thousand dollars in January - this number actually surprised me, because I was expecting less progress.
I’m excited to say that this time next month, I could very well be rid of every single cent of my revolving debt. Praise God!
I am keeping my savings liquid, since I still don’t have a permanent job. Also, I suspect that I will do much better with savings (for the house) and retirement contributions next month. It’s nice to see that the six weeks of unemployment didn’t stop my net worth from continuing its determined climb.
