June Net Worth

June Summary.

Everything dropped! I guess that is a good and bad thing all at once.

My student loan debt dropped to a still staggering 62K. Year over year that is a drop of 10k. Something I think I can be proud of considering that I am also saving money. I will be completely paying off one of my private loans within the next month and rolling that money into yet another private loan. These private loans are my #1 focus before the government sponsored loans due to the variable rate.

My assets dropped as well. This is due to a pullback in the stock market as well as the fact that I closed an old 401(k) from my last employer. I was not fully vested (due to my job hopping nature which will be a post in the future the Pros vs Cons) so I lost some money that was never really mine.

Here is where we stand now.


MONTH      ASSETS          DEBTS             NET

JUNE         $53,720.36    $62,046.35       ($8,325.98)

Investments (i.e. IRA, 401(k), Stocks - $36,185.94
Cash - $17,534.41

Student Loans - $62,036.09
Credit Cards (will be paid off with no interest)- $10.26

Thanks for reading!

- Educated Debt