My August Net Worth Update

I crunched the numbers and my net worth went up by $2,271 this month...which is freaking CRAZY.  Why is it crazy? Because for all intent and purpose, I’m unemployed. 

The fact that the same month I got laid off, my net worth went up 2k is shocking. 

Here’s how I had my best financial month ever as I got let go from my full-time job (don’t worry about me, I’m just unpacking two years of trauma): 

Rent Proration 

I moved into a new apartment in July and paid a discounted prorated rate. To explain, my landlord gave us each $700 off our first month in our new apartment to reflect our net negotiated rent. 

Saving on rent definitely helped me pad my emergency fund more this month!  Shabbat shalom to my landlord Moses (calm down, I’m a proud Jewess)!

Making More on Unemployment

I don’t know if you heard, but I was laid off last month and found myself one of those “lucky” individuals who got to make unemployment my full-time job (jk, I’m not a Republican straw man).

Give me another $600/week, Mitch! A girl’s gotta save. 

Student Loan Payments on Pause 

My federal student loans aren’t accruing interest right now thanks to the CARES act. This means my monthly expenses have gone down and my student loans are sitting pretty at the same total they were at in March. 

I’ve been padding my emergency fund and prioritizing my non-Federal Loans, which has led to some serious cash savings. 

Would you like a Literally Broke net worth tracker to track your progress? Let me know in the comments below. 

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Scarlett (formerly known as ferretlove151 on Neopets)

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