June ’09 Update

Man it is June already, where has all the time gone? I got to updating my Net Worth and realized for some strange reason I had included my checking balances in last months net worth. That doesn’t paint the picture I want so I have cut them back out for this month. Removing the checking accounts caused my Cash Savings to drop but overall I still have had a pretty decent month.

Along with this update I have also updated the Wealthy Blogger List, so be sure to stop by and see where you compare to your favorite bloggers.

Assets

Cash Savings $11,081.00 -$2423.00
Roth IRA $2,898.00 +$216.00
401k $38,870.00 +$4,570.00
Home Value $235,000.00 -$4,900.00
$287,849.00
Liabilities

Credit Cards $0.00 $0
Mortgage/Second $230,846.00 -$660.00
Student Loans $9,696.00 -$20.00
$240,542.00

Net Worth $47,307.00
-$1,857.00

networth-06_09

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.

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