Monthly Review – March 2023

March was a great month for me, personally and financially! Read on to see how this month went for me.

Net Worth

My March Net Worth
My March Net Worth

My net worth has surpassed $80,000 this month and I am right on track to hitting that much-coveted goal of $100k, most likely this year!

It was up over a whopping $6,000 this month, which has been the highest monthly increase so far this year!

My assets and liabilities – March 2023

My biggest highlight from March was that I SURPASSED $50k IN INVESTMENTS!! (Throwing a party for myself lol – but in all seriousness, I will be doing a separate IG post and blog on this very soon)

Investments

  • General Investing – $500
  • 401(k) – $184.62

This comes out to a total of $685.

I missed out on contributing to my Roth IRA, however I will make up for it by investing double the amount in April.

I was consistent with my General Investing and 401(k), as those accounts have auto-contributions set up.

I’m planning on having a big investing month for April (particularly within my ~new brokerage account~)!

Spending

  • Travel/Vacation – $493
  • Shopping – $144
  • Gas – $75
  • Restaurants – $60
  • Bills – $34
  • Entertainment/Recreation – $25
  • Software Subscriptions – $21

This all came out to a total of $852 for the month.

My biggest expense in March by far was travel expenses – I officially booked my flights for the trip I’m taking in May – more on that soon!

I also surprised myself by not spending that much on pickleball (I classify that under “Entertainment/Recreation” in my Rocket Money app). It was a busy month with schoolwork after all.

I expect my spending to more as I prepare for my upcoming trip and have more social outings with friends!

Passive Income

  • Dividends – $22.59
  • Interest – $7.46

My passive income for March came out to a total of $30.05.

This was another underwhelming month, due to the fact that again I did not make a single reselling sale.

I’m hoping to make some extra income in April, beyond dividends and interest.