I live, write, and garden in the PNW with my husband of 30 years, disabled daughter, autistic son, and my 85-year-old mother. We have paid off $250,000.00 worth of debt (if you include the interest) in the last fifteen years and as of 6/12/2020 are 100% DEBT FREE!!!!Interest hit today and it was $4.59 at the online bank, and .07 at CU#2. CU#1 only pays out quarterly. So a total of $4.66 in interest, so that goes to the Emergency Fund, bringing the new total there to $20,212.21. That leaves $310.49 to go to hit 6 month's expenses.
Retirement is starting to creep up again to where it was, but is still $342.72 short of that, putting it at $70,634.30.
That means the NW has gone up by $4.66, but down by $342.72, so the new net worth is $128,759.49. Still nothing to sneeze at, but still depressing to see it going down and eating any money you put in every payday. I know I am getting more stock, but I want more stock and good prices.
Let's hope that fire at that fertilizer plant in North Carolina does not make the markets implode in the morning. I feel really bad for those that lost loved ones and probably their primary bread winner. Plus, losing a fertilizer plant when there is already a fertilizer shortage, is going to mess with the farmer's and the food supply, which is already pretty screwed in many places.
If you're growing a garden this spring for your own family's food, go get your fertilizer now, because once the chemical stuff goes, they'll be swooping in for all the organic fertilizers like bone meal, blood meal, and fish emulsion and you won't be able to get it. And no one wants to go haul rotted horse manure from the local stables, even if it is free. Not that we won't.