June Financial Update

School’s out, and my organization of time isn’t what it used to be. I did put together a summer calendar, made a list of activities available for each day, and made their wish list, so my type-a was showing then. The only problem is that the oldest can read and the second can mostly read, and so they see something and think we can do it immediately.

RENTALS

We had one that was supposed to leave at the end of June, but they asked for another month. So now we have two supposedly leaving at the end of July. I’ll believe it when I see it. Nothing they’ve done has indicated they’re excited about leaving and making progress towards finding another place (they’re both trying to move to another state).

I had another tenant ask to renew for two years. I agreed she could stay there, but we needed a slight increase in rent in year 2. This isn’t the first time I’ve done it that way.

We’re still chipping away at the termite infestation. Live termites running around when the shower got removed meant we had evidence that they’re not treating correctly. They did a major treatment of the house and said it will take 45 days to take effect. We’re leaving it for 60 days before tackling the damage under the living room. We cleaned out and laid a vapor barrier in the crawl space a couple of months ago. In the bathroom, we replaced the subfloor, replaced the stall shower, replaced the vanity, and laid LVP on the floor. The bathroom really needs to be painted now, but generally it’s in good shape. That cost us $3,710.

PERSONAL

We’re just managing the summer schedule. We’re not doing things that cost a lot of money outside of camp and our trips. The two little ones did a church camp this week, which was 3 nights for 2 hours each night, and totaled $40 for the two of them. The two big ones are doing separate camps in a couple of weeks. Then the middle one is doing a gymnastics camp in July. She was originally only scheduled to do that one, but a dance camp with some friends came up, so she’s doing that one for $100.

We haven’t done any trips yet. It just worked out that our trips are back to back at the end of the summer. It also means we’re going to miss both back to school activities, so I’m pretty bummed about that.

We’re still carrying a balance from our carpet replacement last Fall. We use that credit card regularly, so it isn’t as low as I would have liked to see. Typically we get a card for the bonuses, but it’s not worth using it because we have a 2% cash back card. But this one offers the same, so Mr. ODA uses it often. We’ll need to pay that off in October, which is also when Mr. ODA’s pay checks are expected to stop.

NET WORTH

I didn’t get a few numbers from Mr. ODA, so our actual net worth is probably slightly higher than this. The market has recovered a bit for us, so we’re continuing to increase our net worth from the month before (there was a dip there for a hot minute).

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