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Net Worth Update – June 2008

June 18, 2008 by Lazy Man 7 Comments

It’s the middle of the month, so it’s a time to take a look at my net worth. Due to the stock market slump it slumped a little bit. It’s specifically down about $3,000 from around $220,500 to $217,380. The first half this year has been disappointing to me, because I really thought I’d be making more money that I’m spending. That speaks a little to the splurges that I’ve made, like my Asus EEE, but it really is about my income. I expected my websites to make more money. Maybe it’s the economy, or maybe I’m not doing a few things right. Perhaps the best explanation is that I simply don’t have the writing skills as some personal, finance, writers. Either way, I’m not giving up.

In the last month, I’ve been focusing a bit on another business. I mentioned it in passing in this space before. I can’t go into too many details, but I will say this. It piggybacks on the blogging skills I’ve acquired over the last two years. I will also say it heavily relies on the principals of the four hour work week. It’s on the verge of being profitable already which is quite outstanding considering that California’s incorporation costs are quite high ($1200+).

Here’s looking forward to next month.

Filed Under: Net Worth Tagged With: Asus Eee, four hour work week, personal finance, stock market slump, writing skills

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