Net Worth Update: December 2009 (+$7,430)

Net Worth Update: December 2009 (+$7,430)

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December 2009 Net WorthWell, it wasn’t great news across the board but the bottom line was certainly nice.

A gain of $7430 works out to nearly three and a half percent and, at this stage, any time the gain exceeds even one percent, it’s pretty substantial.

Anyway, here are the details:

Cash:
Not much movement here but when I report my spending for the month in the coming days, well, I should be quite happy with a drop of just $465.

Savings:
I took it on the chin here this month but, nope, it wasn’t the result of a spending spree. ( I wish!)

Gov’t Bonds
This is where the money went! I hinted at it and then I did it. While I won’t reap the benefits of this move for a few months, it’ll earn me a lot more than I’d have earned keeping it in a savings account.

401k:
You know, the higher the balance gets, the more I realize how little my monthly contributions do. As I’m no longer earning an employer match, I’m beginning to think about pulling back in 2010 to further fund a few other areas instead.

Home:
While it’s not the mansion that I really want, it *is* worth over double what I owe on it.

Auto 1 & Auto 2:
Eh, whatever…

Credit Cards, Auto Loans, and Other Loans:
Zilch. Zero. Nada.

Mortgage:
Staying the course here. I should pay it down faster. I want to pay it down faster. But I think I’m just going to wait until January to start up a new and more rigid payment plan.

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