Just the facts:
Assets are up to $108,235.26 from $97,471.56 and debts down to $39,952.20 from $40,302.88 for a new net worth of $68,283.03 up $11,819.69 from $56,463.34.
The main bump in assets is due to a annual cash bonus that hit my account. I plan to use roughly 10k of cash to pay down private student loan debt this month. This will allow my to completely eliminate all of my private, and thereby variable, student loan debt. I plan to keep my student loans payments around 1k a month. I will now focus on paying off federal loans at an accelerated rate.
Assets are composed of: $68,046.31 in investment/retirement accounts and $40,188.95 in cash.
Debts are $39,706.87 in student debt. Other liabilities include $245.36in credit card debt that is paid off in full each month.
Thanks for reading.
-educated debt
No comments:
Post a Comment