Tuesday, July 31, 2007

Step 18 - Last Post For This Month

This is probably last post for this month. Tomorrow I travel on one small, nice Croatian island for my summer vacation, for two weeks. So there will be no posts for two weeks. When I come back I will update on any progress I made on my vacation. Hope there will be at least some nice opportunities for savings and rounding up. Anything that increases My Doubling Adventure net worth counts.

Today I deposited check from my last casino deal to my bank account. I also made a personal loan to myself, with 10% interest. I need it just to bridge my temporary liquidity gap. Instead of borrowing from credit cards I borrow from My Doubling Adventure. I rather pay interest to My Doubling Adventure (to myself actually), than to some financial institution. It's a win-win deal for me.

Assets


Cash 797.00
Accounts receivable 762.00
Inventory 185.88
Personal loan 4,500.00
Business loan 3,175.86


Total assets 9,420.74




Liabilities


Total liabilities 0.00




Net worth 9,420.74


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1 comment:

Rachel said...

have a great holiday! Please note that I have now changed my domain name of my blog to http://www.turnonepoundintoonemillion.com so if you currently link to me (as I do to you) please could you update your link. Thank you very much.

Rachel
http://www.turnonepoundintoonemillion.com