My October Net Worth Update

Greetings Internet Friends, 

It’s time for a net worth update, Literally Brokers! My net worth only went up by $71.00 in October. Yep, you read that right.

I’m not going to make too many excuses here. I’ve been overspending. Online shopping has gotten the better of me, and transitioning to freelancing full-time has been more financially challenging than expected (only I was surprised). 

As most of you know, I got kicked to the curb by my full-time job in July. Luckily, I was already working a few side hustles and had built portfolios for my content writing and social media management. 

Being a full-time freelance content writer and creator has its pluses and minuses. 

The good: LOVE making my own schedule, only working with those I want, getting to feel like my real-life job is actually ~kind of~ related to the thing I studied (imagining what imaginary people might say to each other). 

The shit: remembering to send invoices and knowing what an appropriate follow up looks like. Getting a lil’ too freewheeling my credit card when it came to some graphic tees and leggings after overestimating how much I make after taxes.

If you follow Literally Broke on Instagram, you know I cut out online shopping for November. Avoiding impulse buys should get me back on track and help me regain a healthier control of my spending habits. 

It’s a hard knock life, and everyone’s trying to fill that void with cute sweaters for their next Zoom call or TikTok (follow Literally Broke on TikTok, btw). 

Anyway, I just wanted to be real about why this month wasn’t great for wealth building. I’m still getting the hang of freelance accounting and relying on clients to pay me by the end of the month. Once I figure out a system that works, I’ll share it on the blog!  

All in all, we wrapped up October with my net worth going from -$7,465.00 to -$7,394.00. We’re all just doing our best, me included! 

Until next time, 

Scarlett

---

---