• March 2007 Net Worth

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     February 2007March 2007% Change
    TOTAL NET WORTH-$64,178.27-$60,964.425.0%
    TOTAL CHANGE FROM JAN 2006+$40,168.5 
    TOTAL CHANGE IN 2007 (Goal of +$32,000) +$9,823.52 
    Assets
    Savings$13,109.32$12,326.02-6.0%
    His SIMPLE IRA$7,009.68$7,298.814.1%
    His Roth IRA$6,232.81$6,369.302.2%
    His HSA$291.57$683.94134%
    Her 401K$10,963.85$11,814.387.8%
    Her Roth IRA$3,051.99$3,442.7912.8%
    Automobile ?$9,970.00$9,970.000.0%
    Household Items ?$25,000.00$25,000.000.0%
    TOTAL ASSETS$75,629.22$76,905.241.7%
    Liabilities
    Credit Card 1 (~0%)$4,198.68$3,730.20-11.2%
    Credit Card 2 (Rewards)$2,517.53$1,381.52-45.1
    Student Loans$133,091.28$132,757.94-0.3%
    TOTAL LIABILITIES$139,807.49$137,869.66-1.4%

    Slow and steady wins the race. Our retirement accounts keep growing, our debt keeps getting smaller. Here’s the highlights:

    Our cash flow continues to be irregular. Her received three paychecks this month. I received a tax refund and a work reimbursement. These all helped lessen the blow of paying off the rewards cards this month. Her’s third paycheck also went towards paying off her student loans.

    The retirement accounts are on auto-pilot. We get paid, we contribute. Fun.

    My employer made their quarterly contribution to my HSA account.

    We’re thinking about paying off the non-rewards credit card this month, even if it is at ~0%. It would make life a lot easier in that we wouldn’t have to remember to make two (small) purchases each month to receive the rate, plus it would free up $500 in cash immediately.

    It looks as if we’re a little behind to meeting our net worth goal for the year. I knew it would be tough as the goal we set was the upper amount of what we thought would be feasible.

    I’m anxious to see if this month’s newly formed budget will have a positive effect on our bottom line.

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