August Net Worth – First Milestone $50k!

Cash:
11,055

Roth IRA:
17,858

401k:
23,120

Pension:
729

HSA:
681

Motorcycle:
2,500

Truck:
4,500

Car:
1,000

Personal Assets:
12,000

Total Assets:
73,443 (+2,232)

“Liquid” Assets (cash, 401k, IRA):
52,033

Liabilities

CC Balances:
320

Student Loan:
2,624 (-134)

Total Liabilities:
-2,944

Net Worth:
+70,499 (+2,362)

Credit Score:
Credit Karma scores:  779 TU
FICO score:  779

First milestone hit!  First $50k in “liquid” assets.  Increasing the 401k contribution to 15% from 5% as of a month ago will see some solid growth in the future.  Did a bit of spending with a new dishwasher, etc. so hampered this months gain, but still a solid month.

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July Net Worth

Cash:
10,959

Roth IRA:
17,063

401k:
21,842

Pension:
726

HSA:
621

Motorcycle:
2,500

Truck:
4,500

Car:
1,000

Personal Assets:
12,000

Total Assets:
71,211 (+2,848)

“Liquid” Assets (cash, 401k, IRA):
49,864

Liabilities

CC Balances:
314

Student Loan:
2,760 (-180)

Total Liabilities:
-3,074

Net Worth:
+68,137 (+3,393)

Credit Score:
Credit Karma scores:  776 TU / 768 Equifax
FICO score:  771

June Net Worth

Cash:
10,385

Roth IRA:
16,205

401k:
20,488

Pension:
724

HSA:
561

Motorcycle:
2,500

Truck:
4,500

Car:
1,000

Personal Assets:
12,000

Total Assets:
68,363 (5,416)

“Liquid” Assets (cash, 401k, IRA):
47,078

Liabilities

CC Balances:
679

Student Loan:
2,940 (-655)

Total Liabilities:
-3,619

Net Worth:
+64,744 (+5,465)

Credit Score:
Credit Karma scores:  777 TU / 766 Equifax
FICO score:  771

Big bump this month due to switching from cost basis to actual balance for retirement accounts for simplicity.  Lost about 2k in cash due to buying material for a large fence for our yard.

April Net Worth

Cash:
12,551

Roth IRA Basis:
13,255

401k:
Contribution Basis: 8,106
Company Match: 8,106
Total: 16,212

Pension:
$718

HSA:
$211

Motorcycle:
2,500

Truck:
4,500

Car:
1,000

Personal Assets:
12,000

Total Assets:
62,947 (+989)

“Liquid” Assets (cash, 401k, IRA):
42,018

Liabilities

Chase Freedom:
$0

Chase Unlimited:
$73

Chase Sapphire:
0

American Express:
0

BoA Cash Rewards:
0

CapitalOne Quicksilver:
0

Bank CC:
0

Student Loan:
3,595 (-4,372)

Total Liabilities:
-3,668

Net Worth:
+59,279 (+5,555)

Credit Score:
Credit Karma scores:  786 TU / 780 Equifax
FICO score:  769

Knocked out a TON of student loan debt this month!  Put about $1500 of my annual bonus into it.  Also redirected about $2k from the $10k E-fund and paid off my final high-interest loan.  I will rework that $2k back in over the next 10 weeks.  All that remains now is $3,600 on a 3% loan!

March Net Worth

Cash:
12,926

Roth IRA Basis:
12,832

401k:
Contribution Basis: 7,637
Company Match: 7,637
Total: 15,274

Pension:
$715

HSA:
$211

Motorcycle:
2,500

Truck:
4,500

Mustang:
1,000

Personal Assets:
12,000

Total Assets:
61,958 (+437)

“Liquid” Assets (cash, 401k, IRA):
41,032

Liabilities

Chase Freedom:
$54

Chase Unlimited:
$267

Chase Sapphire:
0

American Express:
0

BoA Cash Rewards:
0

CapitalOne Quicksilver:
0

Bank CC:
0

Student Loan:
7,967 (-401)

Total Liabilities:
-8,234

Net Worth:
+53,724 (+625)

Credit Score:
Credit Karma scores:  789 TU / 778 Equifax
FICO score:  769
Chase Transunion: 789

February Net Worth

Cash:
13,006

Roth IRA Basis:
12,409

401k:
Contribution Basis: 7,408
Company Match: 7,408
Total: 14,816

Pension:
$713

HSA:
$307

Motorcycle:
2,500

Truck:
4,500

Mustang:
1,000

Personal Assets:
12,000

Total Assets:
61,521 (+2,163)

“Liquid” Assets (cash, 401k, IRA):
40,231

Liabilities

Chase Freedom:
$54

Chase Unlimited:
0

Chase Sapphire:
0

American Express:
0

BoA Cash Rewards:
0

CapitalOne Quicksilver:
0

Bank CC:
0

Student Loan:
8,368 (-1,406)

Total Liabilities:
-8,422

Net Worth:
+53,099 (+4,015)

Credit Score:
Credit Karma scores:  788 TU / 776 Equifax
FICO score:  772
Chase Transunion: 788

This month we got our federal tax returns back.  This helped boost the net worth.  I dropped about $1,200 of my refund into my student loan and an additional $200 from last week’s paycheck.  The rest is in cash for now, plan to spend on some home improvements down the road.

January Net Worth

Cash:
11,536

Roth IRA Basis:
11,986

401k:
Contribution Basis: 7,178
Company Match: 7,178
Total: 14,356

Pension:
$710

Motorcycle:
3,000

Truck:
4,500

Mustang:
1,000

Personal Assets:
12,000

Total Assets:
59,088 (+371)

“Liquid” Assets (cash, 401k, IRA):
37,878

Liabilities

Chase Freedom:
0

Chase Unlimited:
0

Chase Sapphire:
193

American Express:
37

Bank CC:
0

Student Loan:
9,774

Total Liabilities:
-10,004

Net Worth:
+49,084 (+425)

Credit Score:
Credit Karma scores:  792 TU / 775 Equifax
FICO score:  772
Chase Transunion: 792