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.
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.
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.