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Net Worth Archive for 2008

Net Worth Report for December 2008

Assets   $ Diff % Diff
Cash $76 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $2,600 - -
Home $0 - -
Other Real Estate $0 - -
Cars $0 - -
Personal Property $0 - -
Other $300 - -
Total Assets $2,976 - -
Debts   $ Diff % Diff
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $140,394 - -
Credit Card $375 - -
Car Loans $0 - -
Other $2,285 - -
Total Debts $143,054 - -
 
Net Worth ($140,078) - -
Net Worth History Chart
Monthly Entry
Approximate numbers.

For more detailed information see my blog.

Net Worth Report for September 2008

Assets   $ Diff % Diff
Cash $16 $0 0.00 %
Stocks $0 $0 -
Bonds $0 $0 -
Annuities $0 $0 -
Retirement $1,500 $331 28.31 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $300 $0 0.00 %
Total Assets $1,816 $331 22.29 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $132,000 $0 0.00 %
Credit Card $445 $0 0.00 %
Car Loans $0 $0 -
Other $1,925 ($385) -16.67 %
Total Debts $134,370 ($385) -0.29 %
 
Net Worth ($132,554) $716 0.54 %
Net Worth History Chart
Monthly Entry
Am not updating student loans month to month as it is too onerous/depressing to see how much of my payments go towards the principal. Will update eventually.

For more detailed information see my blog.

Net Worth Report for August 2008

Assets   $ Diff % Diff
Cash $16 ($84) -84.00 %
Stocks $0 $0 -
Bonds $0 $0 -
Annuities $0 $0 -
Retirement $1,169 $107 10.08 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $300 $0 0.00 %
Total Assets $1,485 $23 1.57 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $132,000 $0 0.00 %
Credit Card $445 ($43) -8.81 %
Car Loans $0 $0 -
Other $2,310 ($125) -5.13 %
Total Debts $134,755 ($168) -0.12 %
 
Net Worth ($133,270) $191 0.14 %
Net Worth History Chart
Monthly Entry
Includes my new retirement contribution of 7% of my income.

Am not updating student loans month to month as it is too onerous/depressing to see how much of my payments go towards the principal. Will update eventually.

Paid $125 towards old credit card debt as per agreement.

Net Worth Report for July 2008

Assets   $ Diff % Diff
Cash $100 $0 0.00 %
Stocks $0 $0 -
Bonds $0 $0 -
Annuities $0 $0 -
Retirement $1,062 $987 1,316.00 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $300 $0 0.00 %
Total Assets $1,462 $987 207.79 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $132,000 $0 0.00 %
Credit Card $488 $38 8.44 %
Car Loans $0 $0 -
Other $2,435 ($425) -14.86 %
Total Debts $134,923 ($387) -0.29 %
 
Net Worth ($133,461) $1,374 1.02 %
Net Worth History Chart
Monthly Entry
Paid back my boyfriend $300.

Got my annual pension statement (first one!) so I added that amount to Retirement.

Put a couple bucks back on credit card.

Am not updating student loans month to month as it is too onerous/depressing to see how much of my payments go towards the principal. Will update eventually.

Paid $125 towards old credit card debt as per agreement.

Net Worth Report for June 2008

Assets   $ Diff % Diff
Cash $100 $15 17.65 %
Stocks $0 $0 -
Bonds $0 $0 -
Annuities $0 $0 -
Retirement $75 $0 0.00 %
Home $0 $0 -
Other Real Estate $0 $0 -
Cars $0 $0 -
Personal Property $0 $0 -
Other $300 $0 0.00 %
Total Assets $475 $15 3.26 %
Debts   $ Diff % Diff
Home Mortgage(s) $0 $0 -
Other Mortgage(s) $0 $0 -
Student Loans $132,000 $0 0.00 %
Credit Card $450 ($105) -18.92 %
Car Loans $0 $0 -
Other $2,860 ($200) -6.54 %
Total Debts $135,310 ($305) -0.22 %
 
Net Worth ($134,835) $320 0.24 %
Net Worth History Chart
Monthly Entry
Paid off one friend $100. Got my credit card debt down to $450.

Net Worth Report for May 2008

Assets   $ Diff % Diff
Cash $85 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $75 - -
Home $0 - -
Other Real Estate $0 - -
Cars $0 - -
Personal Property $0 - -
Other $300 - -
Total Assets $460 - -
Debts   $ Diff % Diff
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $132,000 - -
Credit Card $555 - -
Car Loans $0 - -
Other $3,060 - -
Total Debts $135,615 - -
 
Net Worth ($135,155) - -
Net Worth History Chart
Monthly Entry
I updated my net work as I finally got my credit report and realized I had missed a bunch of things:

First, my student loan debt is less than I thougtht (thank God) and totals $132,000 - $28,000 of this is defaulted private loans unfortunately and I am trying to work towards fixing that mess. Another $28,000 is being paid by my father monthly but I am still including it in my debt. The remaining $76,000 has a 4% rate which isn't bad (I had originally just used the payoff amount to calculate the debt but if I begin paying more than the montly amount I can tackle it in less than the 30 year payment schedule.

I finally owned up to an old credit card debt that has been in collections for quite some time. Of a balance of $3,000 I made an initial payment of $300 and scheduled automatic deductions of $125 per month. I'll have this debt settled in less than two years!

I have a Capital One Card with a $500 limit that $555 is due on but plan to make $100 payments for the next 5 months and get that down to $0.

I owe two friends a total of $360.