May Month End - Millionaire Mind Action Item (Pay Day):
- 10% to my Pay Yourself First fund
- 10% to my PLAY Account
- 10% to my GIVE Account
- 10% to my Education Account
- 10% to my Long Term Savings for Spending Account
Thoughts: May was a great month... I got married, so it definitely was a great month. I'm still working on consolidating all our affairs, so I guess I'll keep this MMA as is and related to myself for now. Finally got paid my commissions, but they cut my rate almost in half so I got a lot less than what I was expecting. Oh well ... I guess that's what happens when someone else tells you how much your worth. Going to have to change that soon. I closed a lot of business in May so I'm looking forward to another decent commission payment at the end of June. As for June, it will be a highly expensive month since we're going on our honeymoon, but I'm looking forward to dipping into the Wedding account to cover these expenses. Thanks to building the wedding account with small deals, we came out considerably ahead than most couples.
My 10% Pay Myself First Fund - $15,694.08 - I have $2,643.61 in my 10% CASH holding account. I'm still waiting on $1,868.00 from my 10% Accounts Payable for the amount left owing on the Harley. We owe him a little money so will wait a little longer about asking him for it. The remainder is in my Silver holding which is up a considerable amount this month. It went from being down 21.73% overall to only being down 8.80% now that Silver is at $17.21 CDN/Oz. There rest is in 2 car flips (2005 Honda Accord - SOLD before bringing it to Canada so I'm looking to add this to my CASH account soon and 2006 Ford Explorer - SOLD to my father so looking forward to adding this to my CASH account soon as well).
PLAY Account - Pretty much empty with everything that happened this past month.
GIVE Account - I'm waiting until June-End now to make a donation to help build a school in Africa.
LT Savings for Spending - Went towards rebuilding my RESERVE account.
Bonus Accounts - RESERVE Account is at $2,000. TFSA is sitting at $50.32.
Declaration: I'm an excellent money manager ... I have a Millionaire Mind!
0 comments:
Post a Comment