Oh my goodness, I feel like I just gave birth, not to a child with Steve Buscemi eyes, but to a fan-freakin-tastic net worth. Who would have thought labor could feel so good? Sometimes these updates are redundant and insignificant, but today’s kicks major ninja booty and I’m excited to share with you all…
Checking Account: $6,139; (change not shown since money is constantly in and out of this account). I wish I could keep this balance down to $1,000 each month, since we only earn like 0.1% interest in our checking account. Problem is, money is coming and going way to often for me to keep any type of consistent balance. Last month it was $14,000-ish some, while others it’s only a few hundred. Maybe I need to consider setting up some auto-payments to stay on top of things? Nah, auto-pay scares the bajeezus out of me.
Savings Accounts: $46,741; +$13,032. This is the largest cash gain Girl Ninja and I have ever had. She received $6,000 in retroactive pay for the last eight months of work, plus she got her first month of full time teachers pay. GN brought home over twice as much as I did last month. Maybe she should keep working and I’ll explore the idea of being a house-husband? Just a thought. We are so close to a down payment I can almost smell it.
Roth IRA: $26,108; +$106. Not as exciting of a gain as last month, but I’ll take just about any positive movement I can get. I still haven’t figured out why stocks have been performing so well over the last two years seeing that the rest of the economy still seems to be pretty fragile. Won’t be surprised if I see some losses in the coming months in my investment accounts.
TSP (401K): $25,095; +$594. 5% of my gross pay invested + 5% matched by employer = Sexy Investment Increases. If you are passing up free money, I want to punch you in the face. Seriously, go invest in your companies 401k if they offer one. Now. Go.
Student Loan: $0. My mom asked me last night why I still include my student loan in my net worth update. I politely reminded her that I owed the old hag (Sallie Mae, not my mother) over $28,000 just a few years ago and I will never stop reminding myself just how bad it sucked.
Credit Card: $3,672 (change not reflected since card gets paid off). Some of the highlights of this months credit card bill were; plane ticket for Girl Ninja’s interview, four new tires for my car, charity, and a ton of wedding/bday/shower gifts (note: Can our friends PLEASE stop getting married, this is getting ridiculous). Good thing we pay this sucker off each month.
So what does all this mean for our net worth? It means we had a gain of $12,466, leaving us with an overall net worth of $100,411!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! That officially puts us in the six figures! It’s probably the most excited I’ve been about personal finance since I became debt free. This time last year, my net worth was $42,977. Even though we’ve breached the six figure threshold, not much will change in our lives. We’ll keep living below our means. We won’t be buying new cars. And we sure as heck wont be going to that crazy expensive restaurant I ate at last weekend. How’s that Forest Gump quote go again “Frugal is as frugal does?” Yeah, I think that’s it
p.s. you can see all of my net worth updates here.