Another month, another bit o’ progress….
| Mar31’06 | Apr30’06 | Change | |
| Assets | |||
| Liquid Assets | |||
| Checking | $735.77 | $41.89 | ($693.88) |
| Cash | 1,250.00 | 420.00 | (830.00) |
| ING Orange Savings | 707.00 | 1,050.74 | 343.74 |
| HSBC Savings | 1,000.00 | 1,003.22 | 3.22 |
| Total Liquid Assets | $3,692.77 | $2,515.85 | ($1,176.92) |
| Semi-Liquid Assets | |||
| Firstrade ROTH | $165.48 | $185.10 | 19.62 |
| Firstrade SIMPLE | 3,426.23 | 3,603.90 | 177.67 |
| Wife’s 457 | 29,537.96 | 29,998.20 | 460.24 |
| Wife’s Rollover IRA | 13,504.21 | 13,583.66 | 79.45 |
| Semi-Liquid Assets | $46,633.88 | $47,370.86 | $736.98 |
| Illiquid Assets | |||
| Our Home | $54,000.00 | $54,000.00 | $0.00 |
| Our Vehicles | 5,750.00 | 5,750.00 | 0.00 |
| Illiquid Assets | $59,750.00 | $59,750.00 | $0.00 |
| TOTAL Assets | $110,076.65 | $109,636.71 | ($439.94) |
| Liabilities | |||
| Credit Card Debts | |||
| Chase | $8,499.92 | $8,268.57 | ($231.35) |
| American Express | 3,250.00 | 2,000.00 | (1,250.00) |
| MBNA | 0.00 | 0.00 | 0.00 |
| Total Credit Cards | $11,749.92 | $10,268.57 | ($1,481.35) |
| Other Debts | |||
| Home Mortgage | 39,872.68 | 39,829.83 | (42.85) |
| TOTAL Liabilities | $51,622.60 | $50,098.40 | ($1,524.20) |
| NET WORTH | $58,454.05 | $59,538.31 | $1,084.26 |
A few thoughts:
- A 1.58% increase in retirements accounts. Sure, it’s no 6% January, but I’ll take an annualized 21% gain any month. I’m thinking we’d be up a little more overall, but the wife’s damn 457 never gives me fully up-to-date info, consistently a couple days behind.
- A 12.6% drop in those bad ol’ credit card balances. What more can I say?
- Oh-so-close to sub-$10,000 credit card debt and $50,000 total debt. If I’d have known, I may have upped a payment just to bump those damn credit cards into four-digit land…
- Assets are down, but liabilities are down even more, so I can’t complain too much.
As an aside, a good chunk of cash flowed through our hands in the last few days via our new home – a building permit, a few small deposits for a contractor or three, all sorts of miscellania. Obviously, several financial transactions are about to take place which should change a few numbers in this view a fair amount, hopefully not in a negative way. But because of a few other items not mentioned (don’t want to jinx things until they are finalized) it probably won’t affect the bottom line in any truly substantial way.
All in all, while not a spectacular month, $1,000 net worth increase is nothing to sneeze at… progress is progress!
[tags]report card, net worth, debt, goals, assets, liabilities, firstrade, ing, hsbc, credit cards, chase, mbna, american express, mortgage,ira,roth[/tags]
