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Happy New Year!!!

2022 flew by, but I would say it was a pretty solid and good year for me overall! The stock market was a bit rough, but I’m glad I was able to buy everything “on sale.” I expect the see that pay off eventually!

Looking back, I’m very proud of all the things I’ve accomplished and I’m very excited for 2023.

General $ Updates

I opened a new credit card (Capital One VentureX)

I knew I wanted to start getting into travel hacking so I decided to start with the Venture X card. I didn’t want to limit myself to a specific airline/hotel card for now.

The sign-up bonus offers $750 in travel credit after spending $4,000 in 3 months. There is a $395 fee but the card offers several perks/cashback to make up for that.

I opened another High Yield Savings account

I also decided to open another high yield savings account to take advantage of a bonus. Citi Accelerate Savings is offering $150 after transferring at least $20,000 and maintaining that amount for 60 days.

Since the student loan forbearance has been extended, this was a good time to move the money I have saved to take advantage of the bonus!

I traveled out of the country

For the first time since 2014, I traveled internationally! My boyfriend and I visited French Polynesia and we loved it. It was a great way to spend the holidays and wrap up 2022.

This caused me to spend a bit more on food and travel costs (you’ll see below), but that was all well worth it to me.

Debt

I started the month of December with my official debt at $36,000 and ended with $36,000. However, I technically started at $11,760.35 if you consider the money I have saved to pay those loans down

In December I saved an additional $460.35 for my student loans (bringing my total saved to $24,721.06) so my final debt for December would be $11,278.94.

I still have paid $0 in interest 😊 I did gain $21.06 in interest from my HYS account.

Spending

Some main things to point out about my spending in December:

Food Out: Due to travel, I spent way more on food out than I typically do. I went over budget but I didn’t know what to expect exactly and that’s OK.

Phone: I paid for one year of Mint mobile (unlimited plan).

Personal: I went over budget again and bought literally almost all books lol

Capital One Member Fee: As I mentioned above, I opened the Capital One Venture X card which does have a pretty large fee. However, they end up paying it back to you throughout the year with various perks.

Income

Full-time job (analyst/consultant) – Take home: $3,771.84

ONLINE/BUSINESS INCOME

Google AdSense (ad revenue from YouTube): $822.88
Financial Coaching: $300.00
Buy Me a Coffee/Venmo: $383.81
Mediavine (display ads on LivinglikeLeila): $126.45
Affiliates/Sponsors: $958.90
Teachable: $38.47
Etsy: $2.25

Online/Business Income Total: $2,632.76

EXTRA INCOME

Discover Cashback: $19.80
CITI Custom Cashback: $18.70
Bank of America Cashback: $24.50
CapitalOne Cashback: $127.34
Wells Fargo Cashback: $25.00
Poshmark: $11.05
WeBull: $104.23

Extra Income Total: $330.62

Total Income: $6,735.22

Net Worth

As of December 31st, my net worth is $23,300.59. Up about 4.8% compared to last month.

Total Assets = $59,300.59
Total Liabilities = $36,000
Net Worth = $23,300.59

Roth IRA (VTSAX): $12,110.01 (up 8.5% compared to last month)
401k: $5,909.52 (up 10% compared to last month)
M1 Invest (VTI): $5,615.25 (down 5.9% compared to last month)
Coinbase: $232.61 (down 4.6%% compared to last month)
WeBull: $0
Fidelity: $142.57 (down 0.5% compared to last month)

Sinking Funds:

  • Emergency Fund = $6,107.99
  • Gifts = $384.35
  • Beauty = $1,033.38
  • Car/Car maintenance = $1,739.69
  • Travel = $4.11
  • Car insurance = $364.65
  • Project $0 to Profit = $14.27
  • Phone = $0.40
  • House (previously MacBook) = $0.73

Sinking Funds Total = $9,649.57

Credit Score

My VantageScore is at 778 which is a few points lower than last month.

November Goals Update

  • Reach $26K saved for my student loans NO
  • Make at least $2K in online/extra income CHECK
  • Max out my 2022 Roth IRA NO

January Money Goals

  • Reach $25K saved for my student loans
  • Max out my 2022 Roth IRA
  • Get rid of 50 things