As I was taking a look at my Lending Club account, I realized I’d made a big mistake in my understanding of the process. In my Mint.com account where I usually view my account I can see the $1.27 of interest that I’ve earned in the past month on my $100 investment and I’ve been feeling pretty good about that. What I didn’t realize is that I have an additional $3.87 in the account as cash that doesn’t show in my summary. This $3.87 is an additional principal amount that has been repaid by my four borrowers. This means I’m almost four dollars ahead of where I thought! I realize this isn’t much, but considering how small my investment was, and how short the term has been, I’m impressed. All my loans remain current. My husband today congratulated me on taking the plunge to try something new, even though he’s not usually big on trying new things, especially with money.

Thanks also for those of you who’ve visited my advertisers–I’ve had some ad revenue come in lately and as I’ve mentioned before, all my ad revenue gets “debt snowballed” towards the balance of our adoption debt from adopting our last precious daughter.