| Credit Score | 683 | 673 |
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| Assets | October | November | Difference |
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| Cash Accts. | $7,300.00 | $6,530.00 | -$770.00 |
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| Home | $124,500.00 | $133,000.00 | $8,500.00 |
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| Rental | $72,348.00 | $72,348.00 | $0.00 |
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| 401k | $3,560.07 | $3,170.00 | -$390.07 |
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| 529 | $299.00 | $262.00 | -$37.00 |
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| Roth | $1,025.00 | $1,056.00 | $31.00 |
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| Misc (Car, etc) | $7,000.00 | $7,000.00 | $0.00 |
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| Total Assets | $216,032.07 | $223,366.00 | $7,333.93 |
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| Liabilities | October | November | Difference |
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| CC | $824.00 | $1,202.00 | $378.00 |
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| Home | $97,432.36 | $97,400.00 | -$32.36 |
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| Rental | $66,500.00 | $66,434.00 | -$66.00 |
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| HELOC | $9,076.00 | $9,024.00 | -$52.00 |
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| Student Loans | $54,181.02 | $53,984.81 | -$196.21 |
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| Total Liabilities | $228,013.38 | $228,044.81 | $31.43 |
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| Net Worth | -$11,981.31 | -$4,678.81 | $7,302.50 |
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My net worth increased by $7,302 dollars, putting my total net worth to -$4,678. I know it’s too early to get excited about since the increase is due to the value of my home, but I’m going to forget that for a moment and be happy. I was sad whenever my home worth dropped but I still stuck with the numbers Zillow dished out, so I’m going to be happy now that my home value is increasing using Zillow. Too continue… I started out this year with a -$29,000 net worth. -$29,000! And now I’m at -$4,000. Man, God is good. And a special shout out to Clever Dude, Single Ma, Dough Roller and Get Rich Slowly for the ed-u-ma-cation. Thanks for the knowledge… Kinda sappy. Sorry.
Cash Accounts: I’m missing a couple of key deposits, which would account for the price difference from last month to this month.
Credit Cards: I haven’t paid my cc bills yet. Usually by the time I post my net worth they are already paid.
Home: Home value increased by $8,500. Weird, since the US is supposedly in a recession, right? Well, Oklahoma I guess is still booming. Plus our home values didn’t sky rocket like California or Las Vegas.
Roth: I’ve cut back on my Roth to focus on the more liquid part of my Emergency Fund.
Efund: Is at $2,500. $1,100 left to reach my efund goal. It’s gonna be close.
Investments: I’m still resisting the urge to buy some bonds and take the Roth out of a money market account.
401k: my 401K took another big hit as well as the 529 account. No surprises there. I’m still investing regularly. In fact, I got a 5% raise this month and bumped up my contributions from $50 to $170. I know it’s still pitiful, but something is better than nothing. I’ll do better once my efund is up and running.
Summary: Last month I was hoping to reach -$9,000 by the end of the year, but now it’s looking like I may actually be able to start 2009, with a flimsy but positive net worth. GOSH…. That would be cool.
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