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 |
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.
