July 2010 Net WorthWell, I knew it was going to be one of those weird transition months. I didn’t expect to be down this much, though…

Anyway, while the numbers obviously indicate otherwise, my finances are actually in pretty good shape.

Yep, I tiptoed around it — Numbers do lie.

Here we go:

Cash:
Par for the course, really. I seem to be stuck in that $1000 to $2000 balance region.

Savings:
Plugging along here at a great pace. Most of this will end up paying for the renovation but I’m also putting much of my mortgage savings in here now too.

Gov’t Bonds:
No additions this month, just pure interest.

401k:
It was a rough week to close out the month. It’s starting to feel like I’m spinning my wheels here — especially knowing that there isn’t an employer match anymore…and hasn’t been one for over a year.

Home:
The minor fluctuation here is due the recent appraisal we had done. It came in a bit lower than I would have liked but high enough for the refi to go through.

Auto 1 & Auto 2:
Whatever…

Credit Cards:
Yikes! It’s like the good old days! This is actually the balance on my wife’s credit card that we’re using to finance the renovation project. We still have all of the money in hand as of right now but I’m still treating it like a liability.

Auto Loans and Other Loans:
Zilch. Zero. Nada.

Mortgage:
I’m not real happy about this… Sure, my new mortgage payment is less than half of what it was but my balance jumped $5600 worth… It’s as if I haven’t put a single dent in it since the start of the year… Lousy stinkin’ closing costs…

1 COMMENT

Leave a Reply