November 2020 Update


Hi Everyone,

Who else can’t wait for this year to end!?

Personally, I can’t wait for the holidays to come so that I can take some much-needed vacation.

Just Stay On Course

With the internet and all the personal finance ads popping up, it’s easy to stray off course.

Everyone and their dog seems to have the secret sauce on how to become financially independent.

There might be some level of truth to what they’re saying, but for the most part, I think it’s a bunch of BS.

My thought on this is:

“If it’s easy to get, then it’s not worth having at all.”

I think to really make it financially will take hard work, time, patience, trust in the plan, and stick with the plan.

This is what I’m trying to do. I got a plan for the fishing website, hoping to get it earning $1000 per month eventually. There’s no secret sauce that will work other than hard work and time.

But I will stay many people think I’m wasting my time on this and I’m crazy.

We’ll see if I’m crazy … only time will let.

Update On Fishing Website

Been working away on writing and fixing up my fishing website.

This month, I changed the website theme and tried to optimize to improve page speeds.

I was also able to publish 4 new blog posts in November, roughly 5,500 words together.

It takes roughly 9 months for google to start ranking a new post. So I need to get cracking today to prepare for the summer.

Financial Update

Monthly Incomes = $5,972

  • Career = $5,125
  • Lending Loop = $40
  • Real Estate Syndication = $375
  • Stock Dividends = $60
  • Mortgage Investment = $352
  • Fishing Website = $20

Monthly Expenses = $2,670

  • Cost of Living = $1,820
  • Discretionary = $750
  • HELOC Payment = $200
  • Fishing Website = $210

Net Worth (Month-Over-Month Change):

Total Assets = $561,630 (+$21,150)

  • Home Value (Online Estimator) = $362,600 (+$10,800)
  • Lending Loop = $15,405 (+$40)
  • Real Estate Syndication =  $76,500 (+$375)
  • Stocks = $25,400 (+$)
  • Mortgage Investment: $195 (+$70)
  • Cash = $81,540 (+$5,417)

Total Liabilities = $170,440 (-$680)

  • Home Mortgage = $120,635 (- $611)
  • HELOC = $49,804 (- $70)

Total Net Worth = $391,190 (+$21,830 / 5.91%)

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