Wednesday, February 24, 2016

January 2016 Update

I missed a positive month by a mere $89!  On the bright side I did that with only 2 weeks of pay.  But DFG there are 4 weeks in January you say.  That is correct.  This was yet another crazy month in my world. 

A friend had called me up in November regarding a job opening where he worked.  You own your career is the mantra an old boss taught me.  It was 30 minutes less of a drive to/from work and I liked working with my friend in the past.  Another thing a friend of mine taught me is you should go on interviews or at least do phone ones even if you are not looking for a job.  You never know when the hammer will fall and you will be sitting at home without a job.  Just like public speaking, the more you do it the easier it gets. 

Long story short I progressed through the process and was offered a similar salary but with better health benefits and vacation.  All signs pointed to yes so I started 1 week into January.  I was paid for that final week and then my new job delays pay by a week.  I was scraping my savings and brokerage accounts for cash to pay off that hefty Christmas credit card bill.  By some miracle I was able to pay the entire balance off.  With no cash on hand my expenses were kept to a minimum and we pretty much broke even for the month.

There is nothing out of the ordinary on the 'ol pie chart below.  Owning a home still remains my number one expense.  Everything else was kept within the 2016 budget (which I still need to write a post on.)

In other news I purchased a few shares on some price dips of Johnson & Johnson and Emerson Electric.  Both are long term dividend payers and I need more of them in my portfolio.  While my dividend collected in January are lower than 2015 I do hope to catch up with additional savings from the new job.  On the bright side my 2015 total dividends ended up higher than 2014.  This shows even saving what little I could and reinvesting those dividends still shows my income growing.

I truly wish I had more time to write but I hope you enjoy this little window into my life.  

Kind regards,

Full Disclosure:  Long on EMR and JNJ