A Net Worth Update – With LOTS of Good News!

Posted on July 6, 2008 18 Comments

It’s been a while since I’ve updated you guys on my goals, accomplishments and my net worth, so without further ado, here you go. I’ll call this “What’s new with The Budgeting Babe?”

1. I’ve been promoted to Vice President at my job! This is a hugely significant career milestone for me and a top goal on my list of things to do before turning 30. It’s a lot of work, but will hopefully help me reach my financial goals sooner (paying off my student loan and buying property). I’ve literally been celebrating for the past two weeks :)

2. I got my driver’s license! I have been practicing for almost 6 months in hopes of getting my license this year. Since I technically started trying to drive at 15, and since then have had several permits and flunked two driving tests, it’s been an uphill battle – my personal Everest – filled with frustration and self-doubt. But on July 3, 2008, I rocked the test and officially became a licensed driver in the state of Illinois!

I may have cried at the DMV when the instructor passed me.

Isn’t it amazing what goal-setting can do for you?

I haven’t tallied my net worth in a while, so it was a pleasure to see that despite the market woes, my overall net worth has risen by 15 percent since March 1st, the result of a very ambitious and focused savings plan.

It’s funny; the more my net worth increases, the less I want to spend and the more I want my accounts to grow. At first, I thought I would buy a condo as soon as I had what I considered to be a good downpayment in place. But now I want to be able to put down money without paying PMI, and I’m reconsidering whether I want a condo or to keep saving for a small house with a yard.

It’s so exciting! Thanks to everyone for your support along the way. We’ll get there together!

Category: Money


18 Responses to “A Net Worth Update – With LOTS of Good News!”

  1. Swaytha
    July 6th, 2008 @ 6:09 pm

    Congratulations on both of your achievements.

    Are you going to get a car? If so what are you going to get?

  2. Amy
    July 6th, 2008 @ 8:14 pm

    Wonderful news! Congrats!

  3. Nicole
    July 6th, 2008 @ 9:14 pm

    I don’t think I’m getting a car. We already have a Mitsubishi Eclipse…I think a 2000 version. It’s a good car but very small.

  4. Kabes
    July 6th, 2008 @ 9:16 pm

    congratulations!!! this is amazing!!

  5. Miss Harvey
    July 7th, 2008 @ 1:21 am

    Congratulations!!! All of your hard work and determination has paid off. It’s an amazing feeling.

  6. Budget Mama
    July 7th, 2008 @ 4:07 am

    That is an awesome milestone in your career. Many congratulations!

  7. Jerry
    July 7th, 2008 @ 5:55 am

    How wonderful for you! Congrats on both fronts! I hope insurance isn’t too bad in IL since you’re now driving there. And, I hope the new promotions leads to bigger and better projects.


  8. mapgirl
    July 7th, 2008 @ 12:42 pm

    Wow! Congratulations on both fronts!

  9. Nicole
    July 7th, 2008 @ 3:57 pm

    Does the site look funky to anyone else today? For some reason, the homepage isn’t quite working for me.

  10. Swaytha
    July 7th, 2008 @ 6:46 pm

    Yeah I noticed that yesterday, for some reason the scroll bar won’t work so I can only read 2 of your posts.

  11. JanePlain
    July 7th, 2008 @ 7:44 pm

    Congratulations!!! What a cause for a double celebration! :)

  12. udandi
    July 9th, 2008 @ 2:01 am

    A double dose of very cool news – congrats!

  13. Sallie's Niece
    July 9th, 2008 @ 9:28 pm

    Congratulations! Reading about your success is motivation for me to finally look into driving lessons. I have a license and know how to drive but I haven’t had a car in a while and I’m very very rusty. I think a couple of lessons and I can be back behind the wheel safely again.

    Vice President before 30? Wow that’s impressive! Good for you!

  14. Tanja
    July 10th, 2008 @ 1:19 pm

    Congrats, I envy you. I should revisit my goals again.

  15. eCurrency Arbitrage
    July 12th, 2008 @ 6:31 am

    congrats!The information you have done is good.The way you said is correct.You can impressive more about this topic.

  16. Foxie
    July 15th, 2008 @ 2:42 am

    If you think an Eclipse of that year is small, I’d hate to think what you’d call either of my cars. ;)

  17. CT Mom
    July 15th, 2008 @ 3:42 pm

    Congratulations! It’s good to see someone work hard and get the recognition they deserve …

    Now that you have your license, do you have a reserved parking space due to your new VP status?

  18. Anonymous
    September 3rd, 2008 @ 8:50 pm

    I’ve followed your blog for several years, but recently lost track of reading on a regular basis. Congratulations on your new job and getting your driver’s license; I’m so happy for you I have tears streaming down my face. Congratulations!


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