Networth Update: May 2012 (+4621)

Networth Update: May 2012 (+4621)

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May 2012 Net WorthThe big news this month isn’t so much that my net worth has reached a new high but that I’ve rid myself of credit card debt again.

It doesn’t feel as great the second time around but it’s still a nice load off of my shoulders…

Anyway, here’s the breakdown:

Cash:
This is a little low because, well, I extended myself a bit to get rid of the balances on the credit cards sooner rather than later.

Savings:
With the weekly credit card payments a thing of the past, the pace here should increase to the tune of around $1200 per month…

Gov’t Bonds:
Hey, the rates are quite attractive when compared to a savings account…

Home:
Some months up, some months down.

Auto 1, Auto 2, and Auto 3:
They all dropped. Makes sense — they aren’t getting newer!

Credit Cards:
Hooray!

Auto Loans and Other Loans:
Nothing to report.

Mortgage:
Just another minimum payment.

On second thought, you know, it does feel pretty darn great to have pretty much nothing to say about the liabilities.

Here’s to hoping I can continue on this path for the rest of the year…

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