March is here finally and hopefully winter will finally stop. I am sick of snow and cold weather. I live in the south east, this isn’t supposed to happen. I have seen more snow this year than in the previous 16 years combined. It is starting to wear on me. I miss my barbecue and interaction with people outside of my immediate family unit. Bring on the warm weather! Luckily the markets seemed to have thawed a little at least as most of my accounts are showing positive movement over last month. It always makes me happy to see green on the charts as opposed to red.
We are still making slow progress on the student loan which is starting to wear on me. I need to lock it down and knock it out. We are still working on getting the rest of our “Mommy/Daddy” time paid off from the good old Credit Card. Should get it taken care of this month, or so I am told. There is nothing more I hate than seeing a number on that line in this table.
| Assets | | |
| Cash Savings | $18,027.00 | +$827.00 |
| IRA | $9,959.00 | +$420.00 |
| Roth IRA | $3,411.00 | +$152.00 |
| 401k | $49,412.00 | +$4,096.00 |
| Other Investments | $147.00 | +$4.00 |
| $80,956.00 | |
| Liabilities | | |
| Credit Cards | $1,584.00 | +$954.00 |
| Student Loans | $7,824.00 | -$88.00 |
| $9,408.00 | |
| Net Worth | $71,548.00 | +$4,633.00 |
I can’t believe another month has already passed us by. Time flies it seems these days, between my day job, two kids, and this blog I don’t really find myself wondering what to do with my free time anymore. Financially the close out to January hurt pretty bad, it just hasn’t been a good month in the markets. We continue to steadily invest in my 401k, increase our savings, and decrease my student loan.
We are going on a much needed mommy and daddy only weekend this week so we didn’t make any principal payments on the student loan this month. We still plan on having the full balance paid off before the end of the year. We chose to take a weekend for us, we haven’t been away from the kids for more than a single night since our oldest was born 3.5 years ago so this should be a good trip.
With that said here is where we stand on our Net Worth this month. I should have the Wealthy Blogger list out sometime next week.
| Assets | | |
| Cash Savings | $17,200.00 | +$1,028.00 |
| IRA | $9,539.00 | -$245.00 |
| Roth IRA | $3,259.00 | -$73.00 |
| 401k | $45,316.00 | -$460.00 |
| Other Investments | $143.00 | |
| $75,457.00 | |
| Liabilities | | |
| Credit Cards | $630.00 | -$820.00 |
| Student Loans | $7,912.00
| -$99.00 |
| $8,542.00 | |
| Net Worth | $66,915.00 | +$1,312.00 |
Holy Cow, Where has the decade gone to? It seems like just yesterday everyone was sweating the Y2K bug and now here we are in 2010. My networth reporting has changed a little even though the numbers themselves didn’t make any ridiculous leaps. I have decided my home, while an investment, is not a measure of my worth. Much like my cars it is an asset I own which I have no intention of turning into income. Since there is no income stream coming from my home I have taken it completely out of the equation. This means from now on my Net Worth reports will be strictly limited to cash/investment accounts and non mortgage debts.
| Assets | | |
| Cash Savings | $16,172.00 | +$2,355.00 |
| IRA | $9,784.00 | |
| Roth IRA | $3,332.00 | -$58.00 |
| 401k | $45,776.00 | +$2,509.00 |
| $75,064.00 | |
| Liabilities | | |
| Credit Cards | $1,450.00 | +$338.00 |
| Student Loans | $8,011.00 | -$100.00 |
| $9,461.00 | |
| Net Worth | $65,603.00 | +$6,173.00 |
