I love it when you call me big poppa. That first sentence had absolutely nothing to do with personal finance or this net worth update, but I just really wanted to say that . Moving on. January was another great month for us as we were able to keep the NW moving in the upwards direction. I know some of you hate these posts, but you’re just gonna have to deal with it. Here’s the breakdown…
Checking Account: $6,833; -$3,640. Girl Ninja and I bought a Bose surround sound system for our living room and let me tell you…it’s the best $3,500 I’ve ever spent. Ever….bwahahaha….just kidding. You know I’m way to lame to do something that bold. Besides, even if I did, I wouldn’t tell you because I’d be scared of the reader backlash. You’d cut my face off or something I’m sure.
Savings Accounts: $19,146; +5,530. If my ING account were a woman. And that womans name was Girl Ninja, I would want to marry it. I love my savings account, especially when it grows. Dual Income No Kids For The Win!!!!
Roth IRA: $22,026; +$495. The only thing better than getting drunk off cough syrup and watching an episode of Jersey Shore is getting drunk off cough syrup and watching my Roth IRA balance increase. Overall, I’ve seen an 11.86% return on investment.
TSP (401K): $21,732; +$1,102. The standard 5% contribution heads this direction each month. That 5% gets fully matched. I invest in virtually the same types of funds in both my Roth IRA and in my 401K so they generally perform the same. Pretty boring stuff if you ask me.
Student Loan: $0. Yes, posting about my non-existent student loan debt is one of my favorite things about my net worth updates! I kicked Sallie Mae in the genitals as hard as I could and I wont ever stop reporting it.
Credit Card: $1,760. I don’t like to think of this as $1,760 I owe to a credit card company, as much as I do 1,760 airline miles I just earned, on money I would have spent anyways. Gotta love the rewards card. Hawaii here I come!
Although we didn’t have as big of a jump as last month, we still managed to increase another $3,429. Which puts us at a Net Worth of $67,969 (this time last year, it was $30,234). We still have another $30,000 to go if we want to meet our $96,000 net worth goal by years end. Who knows, if things go well enough, maybe we will be breaking in to six figures. Here’s to hoping!
p.s. you can see all of my net worth updates here.
**I chose not to include ‘possessions’ (including our cars) in our NW calculations, which would probably increase our worth by about $15,000.**