May 2020 Update – Need to Block Out The Noise


The month of May was something else. Rising unemployment and increased uncertainty, but there might be light at the end of the tunnel as countries around the world start to slowly open up once again.

All that being said, I realized how noisy the world can be.

Between social media blowing up and daily breaking news coverage, all competing for attention. So yea, it is easy to lose sight of your goals.

I felt like I got a little distracted with my goals and got caught up with all the noise around the world.

BS’s Financial Update

Monthly Incomes = $7,345

  • Career = $6,800
  • Lending Loop = $175
  • Real Estate Syndication = $325
  • Stock Dividends = $45

Monthly Expenses = $2,805

  • Cost of Living = 2,200
  • Discretionary = $235
  • Investing Expenses = $20
  • Website = $350

Net Worth (Month-Over-Month Change):

Total Assets = $524,000 (+$8,700)

    • Home Value = $351,800 (Assessment Value)
    • Lending Loop = $14,800 (+$100)
    • Real Estate Syndication =  $73,900 (+$370)
    • Stocks = $18,300 (+$4,100)
    • Cash = $65,200 (+$4,700)

Total Liabilities = $124,600 ( – $600)

    • Home Mortgage = $124,600

Total Net Worth = $399,400 (+$9,400 / 2.41%)

Notes:
* Values are rounded to the nearest $100

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