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Net Worth Archive for 2009

Net Worth Report for March 2009

Assets   $ Diff % Diff
Cash $5,592 ($2,616) -31.87 %
Stocks $0 $0 -
Bonds $0 $0 -
Annuities $0 $0 -
Retirement $14,676 $4,938 50.71 %
Home $136,552 ($8,448) -5.83 %
Other Real Estate $0 $0 -
Cars $1,700 $600 54.55 %
Personal Property $0 $0 -
Other $8,695 $8,695 -
Total Assets $167,215 $3,169 1.93 %
Debts   $ Diff % Diff
Home Mortgage(s) $137,231 ($184) -0.13 %
Other Mortgage(s) $0 $0 -
Student Loans $3,811 ($73) -1.88 %
Credit Card $2,713 ($144) -5.04 %
Car Loans $8,736 $8,736 -
Other $0 $0 -
Total Debts $152,491 $8,335 5.78 %
 
Net Worth $14,724 ($5,166) -25.97 %
Net Worth History Chart
Monthly Entry
March was...well it was a busy month for me. It took me some time to get my finances back under control. Went through a spending splurge that left my budget a tad hard to reconcile (Dave Ramsey wouldn't be proud). I think I have managed to get it under control by now. I capped out my 2008 Roth contributions finally. Bought a motorcycle, that I'll prolly never get to ride due to my deployment cycle.

About to get on the road again here soon which will allow the dust to settle here at home. I am at the point where I need to start considering where I will be transferred to for my next duty station. I started setting aside some cash to get the 2nd phase of repairs done on my car, and in addition I'm going to need some down payment cash on hand should I decide to get an apt or rent a house; regardless of my living arrangement it's always good to have a nest egg at the ready. Until next time...

Net Worth Report for February 2009

Assets   $ Diff % Diff
Cash $8,208 $4,325 111.38 %
Stocks $0 $0 -
Bonds $0 $0 -
Annuities $0 $0 -
Retirement $9,738 ($531) -5.17 %
Home $145,000 $0 0.00 %
Other Real Estate $0 $0 -
Cars $1,100 $0 0.00 %
Personal Property $0 $0 -
Other $0 $0 -
Total Assets $164,046 $3,794 2.37 %
Debts   $ Diff % Diff
Home Mortgage(s) $137,415 ($185) -0.13 %
Other Mortgage(s) $0 $0 -
Student Loans $3,884 $0 0.00 %
Credit Card $2,857 $315 12.39 %
Car Loans $0 $0 -
Other $0 $0 -
Total Debts $144,156 $130 0.09 %
 
Net Worth $19,890 $3,664 22.58 %
Net Worth History Chart
Monthly Entry
Running late on February's entry. I had to go off my EOM statement from Mint for inputs which may have skewed some of the numbers. I know my cash on hand looks high because it was before the bill payments had been transferred out of checking. To date I transferred funds out of my savings and maxed out my 2008 Roth with USAA. Upped my TSP contributions to 15%. I need to quit procrastinating and file my taxes now that Roth is up.

I have been getting alot of responses to my postings here to people that I'm guessing are in similar situations either financially, or lifestyle/occupationally. I thank everyone who has emailed me. One of the messages inquired at my reasoning not to put more toward my mortgage in an effort to get out of PMI. To that I will say that my loan is VA backed, not conventional and don't have PMI.

Now that I've gotten my feet back on the ground wrt finances it's been difficult to avoid the toys. Spring is coming up and I've wanted to get a motorcycle for some time. Sounds like I need to read my copy of Dave Ramsey's book again. I just keep thinking about getting my student loan paid off, my laptop, and getting more savings in the bank should I decide to get out in a few years when my obligation is up. Time will tell...

Net Worth Report for January 2009

Assets   $ Diff % Diff
Cash $3,883 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $10,269 - -
Home $145,000 - -
Other Real Estate $0 - -
Cars $1,100 - -
Personal Property $0 - -
Other $0 - -
Total Assets $160,252 - -
Debts   $ Diff % Diff
Home Mortgage(s) $137,600 - -
Other Mortgage(s) $0 - -
Student Loans $3,884 - -
Credit Card $2,542 - -
Car Loans $0 - -
Other $0 - -
Total Debts $144,026 - -
 
Net Worth $16,226 - -
Net Worth History Chart
Monthly Entry
Skipped December's inputs. Went through some personal issues that seriously distracted me. Let's just say it wasn't the best holiday season. Some things that were purchased on a mutual card were supposed to be paid off by my former girlfriend, to the point that she even signed a contract with me haven't gotten paid off. Chances are I will end up stuck paying for a laptop that was gifted to me and a camera I haven't seen. But it is a new year and once again I'm focused on making the best of my financial situation; stocking some cash away and making my net worth grow!!! Didn't accomplish anything remarkable over the past two months. Didn't manage to pay anything off, I did make some deposits to my Roth IRA and I need to contact USAA to see why they're still reflecting money market accounts. I'm still making contributions to my 2008 Roth until I submit my taxes still hoping to at least make some progress toward maxing out my eligible contributions. If not 2008, I will definitely max out the amount for 2009. Turned my TSP contributions back up to 12% of my pre-tax pay, looking to increase to 15% if the dent isn't too substantial here within the next few months. Until next time...