Net Worth: September 2011

It’s your least favorite time of the month again! That’s right, I’m updating my net worth and there’s nothing you can do to stop me. They’ve been pretty boring lately, and by boring I mean depressing. Especially after losing so much last month. Read on to see how we fared over the last 30 days…

A$$ets:

Checking Account: $4,066; (change not shown since money is constantly in and out of this account). There is nothing sexy about checking accounts. And that’s all I have to say about that.

Savings Accounts: $52,125;+$2,043. Let me hear you say “Ugh. Na-na-na-na!” A few thousand more in the savings account never hurts. This month is a three paycheck month for me, and Girl Ninja is back on the job officially so we are hoping to make some serious gains this month!

Roth IRA: $22,379; -$500. Is it good or bad that I’m excited about ONLY losing $500 in the market this last month? I mean, I can think of a lot of other things I’d rather do with that money than lose it. Just gotta keep telling myself “Paper losses aren’t the same as realized losses.”

TSP (401K): $23,385; +$45. I’m socking away $305 a month towards my 401K and my employer is giving me another $305 to add to the pot. That means, even during terrible performance months, I am able to sneak out a small gain. A forty five dollar gain to be exact. Hey, I ain’t complaining.

Liabilities 🙁

Student Loan: $0. Student loans suck harder than a Dyson vacuum, and in case  you didn’t know. That’s a lot of sucking! Death to Sallie Mae!

Credit Card: $2,341 (change not reflected since card gets paid off). I’m excited our credit card balance is only 2,341 dollars for two reasons. 1) The last few months it’s been $3,000 or more. 2) About $900 of these charges are expenses we will be reimbursed for by Girl Ninja’s school (teaching supplies and moving costs). Probably the only time in my life I’ll be stoked about a $2,300 credit card bill. 

Last month our net worth was down over five grand. Although we had one of the most pathetic gains ever a $793 gain is way better than any loss.  The down market is keeping our net worth just under six figures at $99,614. It felt so good to break that threshold in June, but July and August have not been good to us. Hopefully next month we can rejoin the six figure club. 

p.s. you can see all of my net worth updates here.


10 thoughts on “Net Worth: September 2011

  1. Similar accounts to mine besides your retirement accounts. That savings account is pretty sexy. The rate of return on that is a nice constant which you have total control over besides inflation. I’m looking at your TSP, you put in $610 to eek out $45? Bad rate of return. Then again it’s about dollar cost averaging I guess. Looks like another down day today, maybe time to do a lump sum in your ROTH? I dunno…

  2. These are some of your net worth figures:

    4/09 $754
    4/10 $37894
    4/11 $78233
    8/11 $99614

    Get the picture? or do I have to get that 2-legged horse to give you a nice hard kick?

  3. Where does your $52K in savings live? I’m not sure where to put my general savings because I want to gain interest, but I don’t want it in a high risk account, and I don’t want it to just sit in a savings account. You only mention the market in reference to your 401k and Roth IRA, so I’m curious.

    • I put it in a high yield savings account (even though High yield right now is only 1%). I could put it in CDs, bonds, etc. But those yields are also relatively small, and like you, I don’t want to put this money anywhere risky since I plan to use it for a house at some point in the next year or two. Savings accounts/money markets are the best place for short term (less than three years) savings goals.

  4. Great job on socking away 4 figures into savings this month. I also saw our retirement accounts’ balances decrease – not fun, but focusing on the long term. Best wishes for this month!

  5. Please don’t show pictures of two legged animals. They really freak me out. But, I have to say, good job on the savings!

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