Tuesday, February 1, 2011

End of January Net Worth Update

I updated all of my trackers & adjusted our net worth links based on February 1 numbers. Here are the highlights/lowlights:

-We continue to invest in our 401Ks each month, as well as pay down our 401K loans. The market also picked up quite a bit in some of our investments, so we had a big jump here.

-Neither of our mortgage payments were reflected in the update, as they have been paid but haven't cleared the account yet.
-Our stock options declined slightly in value.
-Property value stayed the same. This is perhaps a highlight & a lowlight in the current real estate market. :-)

Net result:
Our net worth is up $15,470 from the end of December, bringing our current net worth to $806,458. This is a 2% increase from last month. I'm considering setting a million dollar net worth goal to keep us motivated & tracking this. I know we will be plugging away, but it would be nice to have a specific net worth target that we're shooting for.

Be sure to check out Budgets are the New Black for more monthly updates & prepare to be inspired!

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