April ’09 Update

Ahhh here we are again. Here is my monthly net worth update. It has been a better month with all of my Assets increasing accept the house, and all my debt decreasing. My wife got a bonus so we paid off the furniture, I will have the other $576 gone before mid month which will leave us with just a student loan and the house which we are currently working on refinancing.

Assets


Cash Savings $11,065.00 +$579.00
Roth IRA $2,316.00 +$120.00
401k $30,569.00 +$3,673.00
Home Value $239,900.00 -$3,000.00
$283,850
Liabilities


Credit Cards $576.00 -$2,593.00
Mortgage/Second $228,596.00 -$636.00
Student Loans $9,852 -$77.00
$239,024.00

Net Worth $44,826.00
+$5,577.00

Cash Savings
Our cash rests in two separate online savings accounts, one of the accounts is for our child. I switched my OnBank account over to ING as a result of plummeting interest rates OnBank is currently at .75% APY, INGDirect has dropped to 1.5% APY.  We also maintain a savings account with a local bank which has around 1500 in real emergency money.

Retirement Accounts
These numbers used to be higher but I took a hit in the recent market collapse, I am excited to see positive movement again in my 401k, it has been awhile.

Other Stuff

Don’t forget to vote in my poll for the best April Fools Blog Post

If you haven’t already make sure you check out this weeks carnivals I participated in:

The inaugural edition of “The Carnival of Pecuniary Delights” has 68 great posts, including mine on Free Software

Wide Open Wallet hosted the Carnival of Personal Finance: “World Record Edition” this week which included my article on “Why Lending Club Isn’t for Most People.”

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