Saturday, April 30, 2011

March and April Net Worth

Things have improved financially, but there have been quite a bit of changes in my life.

1. Got promoted! I will be making around 15% more a year from a salary perspective. Bonus pool really opens up at the new level. I will be eligible for a 25% check annually if I perform at the highest level. All in all, I expect to make six figures at a minimum with large upside. Even more importantly I get to save more $$$. This will come in the form of, now larger, 401(k) contributions with match, or saving in my own brokerage account and savings accounts.

2. Got engaged! This caused a hit to my cash stockpile, but I also used my bonus check to cancel out the majority of the impact.

I think it looks like 2011 is the year where I will finally become net worth positive.

The details:


MONTH      ASSETS          DEBTS             NET

March            $56,749.54    $72,064.31       ($15,314.76)
April              $55,398.73     $65,043.75       ($9,645.01)

Investments (i.e. IRA, 401(k), Stocks - $38,641
Cash - $16,757

Student Loans - $63,337.57
Credit Cards (will be paid off with no interest)- 1,706.18

Thanks for reading!

- Educated Debt