Sunday 9 October 2016

Review of September

After September, the difference between my assets (only my bankroll is counted here, not my house,car and other minor assets) and liabilities went up from -19519€ to -15411€ for 03.10.2016.
In other words 4108€ up from last month.

That was a good part but now comes the explanation:) This good result did not come from my work but because I downsized on my car. 

My work savings are actually negative, -290€ for September.
The reason for this is a combination of few things. Family problems, issue with eyesight, weak sport markets and bet voided are culprits. For first two reasons I could not work as much as I would like to and I traveled a lot. Also goal for September was too high (3061€) because historically fall and beginning of winter used to be worst months for me.

September problems spilled in October but now, as of 9 of October at least the biggest problem is solved.

From a higher perspective the most important thing should be that I actually increased my assets and also decreased liabilities. I used my car equity for paying out part of my debt (2000€) and buying some investment gold (1oz).
My favorite investment is 16 books about betting and taking chances which are on their way to me. Cannot wait to read some of it!
The rest I added to my bank which is currently 31 200€. I have another 7900€ of available short term credit.
The goal for October will be to gain some ground and to save at least 1500€. I will do my best.