-$6,062 April 29, 2006
Posted by irishmadness in Debt, Uncategorized.trackback
That’s my April net worth. My assets include an average of $550 in checking throughout the month (according to my bank), $7,800 in my 401(k) and a car worth about $1,200.
My debts include about $7,300 in student loans and $8,312 in CC debt.
May goals: I want to knock the CC down to $7,600, and think the 401(k) will be up about $8,000 by the end of May. That, plus a student loan payment, should get my net worth close to -$5,000.
For comparison, when I put my information into NetworthIQ at the beginning of April, I was at about -$6,900. Some of the increase is because of my 401(k), but a lot is from paying down debt!
Good to see that you are tracking your networth. A good step towards financial freedom.
My q&d calculation is that my networth is approximately $62,000 - not include loose cash / savings or what could make by selling books and furniture. It does include my house, my car, my 401(k) and my student loan. I don’t have any other debt, anymore.
I couldn\’t agree more.