As I promised yesterday here is a review of my current economic situation. The idea is that I will do an update each month where I show how my situation have changed and how much closer I am to my first million.
As I do not own a property or any other similar assets this shouldn’t be a complicated exercise but you may find that you have to think about it a bit more if you have such investments.
So here goes:
Miss Millionairess's Money Situation September 2007
ASSETS:
FUND INVESTMENTS £25,926
ISA £820
HIGH INTEREST SAVINGS A/C £405
HIGH INTEREST SAVINGS A/C £405
TOTAL £27,151
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LIABILITIES
STUDENT LOAN £23,926
OVER DRAFT £250
TOTAL £24,176
I realise that this may not be the clearest way to show my assets and liabilities and I will work on it for next time but in an attempt to get this blog started I will leave it like this for now.
So as you can see I still have a fair bit to go to my first million but my investments seem to be doing okay at the moment, more about that next time. At the start of this blog then my actual assets are greater than my liabilities by £2975.00. I am hoping to increase this drastically over the next few months mainly through investments but also trying to slowly pay off my debts.
I realise that this may not be the clearest way to show my assets and liabilities and I will work on it for next time but in an attempt to get this blog started I will leave it like this for now.
So as you can see I still have a fair bit to go to my first million but my investments seem to be doing okay at the moment, more about that next time. At the start of this blog then my actual assets are greater than my liabilities by £2975.00. I am hoping to increase this drastically over the next few months mainly through investments but also trying to slowly pay off my debts.
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