May Net Worth

2,933+100 = 3,033 (+294)

Roth IRA Basis:
5,883 (+200)

My Contribution Basis: 2,462
Company Match: 2,462
Total: 4,924 (+346)



1,000 (+1,000)

Personal Assets:
7,400 (+100)

Total Assets:
27,240 (+1,940)

“Liquid” Assets (cash, stock and retirement):
13,840 (+840)


Chase Freedom & Unlimited:
4 (-5)

American Express:
17 (+17)

Bank CC:
35 (+8)

Student Loan:
Paid on loan: 278.16 (165.89 Principal / 112.27 Interest)
Balance: 23,458 (-156)

Total Liabilities:
23,514 (-136)

Net Worth:
+3,726 (+2,076)

Mortgage Breakdown:
Appraisal:  160,000
Zillow Estimate:  173,000
Acting Appraisal:  166,500
Loan Balance:  149,590
Equity:  16,910
May Payment:  255 P / 484 I / 311 E = 1,050

Monthly Income: 2,443
Monthly Assets Change: 1,940
Monthly Liabilities Change: -136
Monthly Net Worth Change: +2,076
Monthly Savings Rate (IRA/401k+Match/Cash/StudenLoan/MortgPrincipal): 1,373 (56%) x .55 = 31% (How is this number calculated?  All expenses are shared jointly, me @ 55%, GF @ 45%)

Credit Score:
Credit Karma scores:  767 TU / 757 Equifax
FICO score:  758

Alright!  May was a kind of a tough month for us, but relieving as well!  We paid off our final extra rent payment, and will pay of the final utility bill this month.  That was a burden on our shoulders, but we got through it and now it will no longer be looming over us.  The initial deposit was $950, and we should get a rent reimbursement of around $260, plus hopefully a good chunk of the deposit back as well.

As an added boost to the assets this month, I brought the old Mustang up to the garage from my parents, and am working on it.  It’s been mine for years, but just has been sitting in their garage.  Some of my extra money (whenever I get any!) will be going towards restoring this.  This project is more to learn mechanical skills with cars than to make money – I’ll probably spend more in economy parts than it’ll be worth in the end, but the skills I learn will be invaluable!

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