Sunday, August 05, 2007

August Net Worth...

I'm baaaaaaack. Covered in baby spit up, and diaper ointment, I'm finally sitting down at the computer to run the numbers on our latest and greatest net worth as of August 3rd. The month turned out WAY better than I thought. Our net worth increased 3.09% or $4,941.59, for a grand total of $164,801.44. You can view the entire balance sheet for the year by clicking on the pic to the left.

I'm acting surprised because the wife was out for about 3 weeks on disability due to surgery, and going back to work 4 days a week as opposed to 5 because of the birth of our new son. I think working some overtime, being a little more frugal, and selling some ad space helped out for the month of July. Let's perform a brief review of the balance sheet. With our cash savings slowly increasing to a decent amount, we've recently been house browsing online. Not very happy with a lot of houses and prices we've been seeing, we've decided to wait a bit longer before we get serious at house hunting.

Looks like my 401k will be nearing the 20k milestone soon, I can't believe it's only been a few years since I opened it up. The ROTH IRA seems to be moving with the market which has been down as of late. The company pension plan is crawling along as usual. Our condo and personal property, which consists of jewelry, will always stay static unless we get professional appraisals. I don't feel good about putting my own price tag on things like that. With overall spending down, we've had lower credit card bills to deal with.

As usual, we continue to pay the set payment for any loans we have outstanding so we'll have more money to save for a house. And partly due to that, our emergency fund has increased to a plump 50k. Well, that's all to report for now. Everything has been good on the home front. The wife and baby are both happy and content. Climbing the financial ladder slowly but surely...

1 comment:

SingleGuyMoney said...

Congrats again on the baby. Looks like unlike my own networth and some of the other blogs I read, you were able to increase your net worth more than the prior month.
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