It’s all about the benjamins baby!

My fake rolex is telling me it’s time to update my net worth. A month later I am continuing the positive trend upwards. If you want to see how I spend all my money you are gonna have to check out my posts on my expenses. Here’s my NW breakdown.
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NOTE: My NW is pretty easy to calculate because I don’t own very many things. I have a savings/checking account and a couple retirement accounts . I chose not to include things like personal belongings (laptop, camera, etc) or my car (which would add probably $5K to my worth) because I figure those are things I will always need and wouldn’t really want to go with out.

Checking Account: $4,171, +$999. I try and keep around $1,000 in my checking account at all times. It’s a little stacked right now because I haven’t transferred cash in to my online savings account after selling my motorcycle.

Savings Account: $12,677, +$515. I have made paying down my student loan a priority, so sometimes I am not always able to reach my goal of adding $1K to my savings each month. I was able to scrounge enough together to throw in an extra $500.

Roth IRA: $9,583, -$492. Damn you stock market. Taking away some of my hard earned money. Oh well, I still love you 🙂

401K: $6,448, +$167. Pretty standard investing going on here, 8% of each paycheck. Not the greatest month, but as long as I see green I’ll be okay.

Student Loan: -$22,152, +$1,000. It started at 28K on 02/08. I have been making at least $1,000 monthly payments on this bizznatch after some words of wisdom from my wonderful readers. My minimum obligation is $178, so throwing another $800 on top of that goes a long way 🙂 It’s one of the hardest things I have had to do (I would prefer to see my savings account grow), but I know in the end it’s a smart financial decision.

So what does this bring my total net worth too??? $10,728. I’m up $3,477 from last time. I’m really enjoying seeing the net worth grow each month, especially considering I was worth negative $2K three months ago. Hell to the Yeah!

Take care ya’ll.

*This article was found in the Carnival of Money Stories, hosted by Suburban dollar found here*

3 thoughts on “It’s all about the benjamins baby!

  1. Well Kat, I guess I will be the only person that knows what you wrote seeing that you deleted the comment 🙂 Thanks though for your kind words!!!

  2. Oooohhh… I like! 🙂
    I found your blog through Tip'd and can i just say well done, your blog is so inspiring to others – keep on going!

  3. Dear Ninja, I just wanted to tell you when you put that sentence at the bottom of your post that begins with an asterisk (*), stating this post was "found" in the Carnival of Money Stories, it makes it look like you are harvesting posts for your blog. Now since I came FROM the CoMS, I can see that you did indeed submit this post to the carnival over at Suburban Dollar. I think you might want to change the word "found" to "included". Otherwise, it looks suspicious. I have recently found a blog that is copying blog posts word for word and then putting a disclaimer at the bottom of the post where it was originally "found". Just thought I'd let you know. Best, Mrs. A

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