Friday, 31 July 2015

July 2015 in review

Millionaire by 2020 2019 Plan – July 2015 Update
Millionaire by 2020 2019 Plan – July 2015 Update

July was a low spending month for the MoH, similar to last July.  Officially, there was no expenditure from the goals bucket.  However, there should have been, as I took the opportunity to book flights for my training course in the US later this year.  But for some reason, Qantas hasn’t charged me yet.  I will need to look into it if a charge doesn’t appear soon.  I don’t want to be at the airport checking in only to find out I don’t have a ticket!

Shares were worryingly down again – my equity is now 19% lower than its February high.  My super balance rose a fair bit due to the inclusion of my June quarter contributions.  I contributed the full $30k allowed at concessional tax rates this year for the first time ever … I’m pretty proud of myself.  I have to say it’s a lot easier paying it yourself than when working for a large company, where umpteen forms and the like are required.  My cash balance also rose a bit.