April Net Worth

Cash:
6,362

Roth IRA Basis:
8,631

401k:
Contribution Basis: 4,881
Company Match: 4,881
Total: 9,762

Pension:
$686

Motorcycle:
3,000

Truck:
4,500

Mustang:
1,000

Personal Assets:
12,000

Total Assets:
45,941 (+974)

“Liquid” Assets (cash, stock and retirement):
25,755

Liabilities

Chase Freedom:
0

Chase Unlimited:
588

American Express:
0

Bank CC:
21

Student Loan:
Balance: 11,829 (-501)

Total Liabilities:
12,438 (-136)

Net Worth:
+33,503 (+1,110)

Credit Score:
Credit Karma scores:  788 TU / 757 Equifax
FICO score:  765
Chase Transunion: 788

Monthly notes:
– Capped off one more student loan!  Now down to the final high-interest loan (6.55 @ 7.3k) and a moderate interest loan (3.1 @ 4.5k).
– Credit scores took a dip due to a hard inquiry about a potential opening of a HELOC.  Grrr!  Don’t have enough equity yet in the home – need approx. 10% and we are at around 7%.
– CC balance will be paid in full.  This was a piece of furniture the fiance and I were saving up for for 5 weeks and now have enough to pay it off!

March Net Worth

Cash:
6,150

Roth IRA Basis:
8,331

401k:
Contribution Basis: 4,651
Company Match: 4,651
Total: 9,302

Pension:
$684

Motorcycle:
3,000

Truck:
4,500

Mustang:
1,000

Personal Assets:
12,000

Total Assets:
44,967 (+387)

“Liquid” Assets (cash, stock and retirement):
24,467 (+387)

Liabilities

Chase Freedom:
0

Chase Unlimited:
177

American Express:
43

Bank CC:
24

Student Loan:
Balance: 12,330

Total Liabilities:
12,574 (-626)

Net Worth:
+32,393 (+1,013)

Credit Score:
Credit Karma scores:  790 TU / 767 Equifax
FICO score:  771
Chase Transunion: 790

August Net Worth

Cash:
4,664+50 = 4,714 (+352)

Roth IRA Basis:
6,533 (+200)

401k:
Contribution Basis: 3,044
Company Match: 3,044
Total: 6,088 (+338)

Motorcycle:
3,500

Car:
1,500

Truck (Value 5,000):
200

Mustang:
1,000

Personal Assets:
7,400

Total Assets:
30,935 (+1,090)

“Liquid” Assets (cash, stock and retirement):
17,335  (+890)

Liabilities

Chase Freedom:
4 (+4)

Chase Unlimited:
300

American Express:
61 (-26)

Bank CC:
35

Student Loan:
Paid on loan: 278.16 (157 Principal / 121 Interest)
Balance: 22,954 (-169)

Truck Loan:
4,800

Total Liabilities:
28,154 (+4,909)

Net Worth:
+2,781 (-3,819)

Monthly Income: 2,406
Monthly Assets Change: 1,090
Monthly Liabilities Change: +4,909
Monthly Net Worth Change: -3,819
Monthly Savings Rate (IRA/401k+Match/Cash/StudenLoan/MortgPrincipal): 1,472 (61%) x .55 = 34% (All expenses are shared jointly, me @ 55%, Fiance @ 45%)

Credit Score:
Credit Karma scores:  764 TU / 753 Equifax
FICO score:  739

Tough month this month, as we did quite a bit of landscape work, I bought a truck, and have yet to sell the car.  When I get the car sold, there’ll be another $1,500 in the bank to help offset some of the cost.  We decided it’d just be good to go back to a solid truck, as we were borrowing folks’ trucks every other week for stuff.  That, or we were loading up my car for 3-4 trips to the hardware store for landscape rocks.

My plan is to of course pay off that truck ASAP, as it’s the highest interest.  It’s got some low miles, and I was able to snag it under Blue Book value, so I feel comfortable with the purchase.  It’s got a solid body for being a 2001, and low miles at high 90’s.  Hopefully she’ll last us a good three or four years before the repairs become too great to justify keeping it!

July Net Worth

Cash:
4,312+50 = 4,362 (+170)

Roth IRA Basis:
6,333 (+200)

401k:
Contribution Basis: 2,875
Company Match: 2,875
Total: 5,750 (+382)

Motorcycle:
3,500

Car:
1,500

Mustang:
1,000

Personal Assets:
7,400

Total Assets:
29,845 (+752)

“Liquid” Assets (cash, stock and retirement):
16,445 (+752)

Liabilities

Chase Freedom:
0 (-0)

American Express:
87 (+49)

Bank CC:
35

Student Loan:
Paid on loan: 278.16 (171 Principal / 107 Interest)
Balance: 23,123 (-161)

Total Liabilities:
23,245 (-112)

Net Worth:
+6,600 (+864)

Mortgage Breakdown:
Appraisal:  160,000
Loan Balance:  149,075
Equity:  10,925
July Payment:  258 P / 482 I / 311 E = 1,051

Monthly Income: 2,688
Monthly Assets Change: 752
Monthly Liabilities Change: -112
Monthly Net Worth Change: +864
Monthly Savings Rate (IRA/401k+Match/Cash/StudenLoan/MortgPrincipal): 1,288 (48%) x .55 = 26% (All expenses are shared jointly, me @ 55%, Fiance @ 45%)

Credit Score:
Credit Karma scores:  755 TU / 749 Equifax
FICO score:  739

Decent month for July.  I definitely came out low on cash savings, but 401k and Roth were consistent, not to mention another consistent student loan payment.  This month, we spent a lot of cash on landscape materials for the house, about $150 total.  I also had to buy a new power supply unit for my computer that cost $60 – it couldn’t run without replacing it.  Not to mention the dog’s haircut and a new pair of sunglasses (I lost a pair I just bought last month) for another $50.  We also had a nasty vet bill, costing us each $50.  I still managed to come out ahead, so that’s a plus!

This month was also a big deal because we got engaged!  We are one step further in our relationship, and are preparing to get married in about a year’s time.  She is the best, and I couldn’t ask for a better partner in life.  She is also a good  help with the finances – she pays her fair share of all shared costs, including retirement, utilities, food and the big ones like mortgage and student loans.  We are looking forward to a bright future!

It was cool to see how my 401k and Roth IRA are growing.  After looking at the monthly balances, they were both over 6,000 (market price) which was pretty cool to see!  Just a couple years ago I had no 401k and my Roth IRA had just started with the $1,000 minimum.  It’s easy to see if we continue down this path, along with putting nearly $500 a month towards student loans (hers and mine), we are setting ourselves up for success down the road.

June Net Worth

Cash:
4,092+100 = 4,192 (+1,159)

Roth IRA Basis:
6,133 (+250)

401k:
My Contribution Basis:2,684
Company Match: 2,684
Total: 5,368 (+444)

Motorcycle:
3,500

Car:
1,500

Mustang:
1,000

Personal Assets:
7,400

Total Assets:
29,093 (+1,853)

“Liquid” Assets (cash, stock and retirement):
15,693 (+1,853)

Liabilities

Chase Freedom:
0 (-4)

American Express:
38 (+21)

Bank CC:
35

Student Loan:
Paid on loan: 278.16 (159.25 Principal / 118.91 Interest)
Balance: 23,284 (-174)

Total Liabilities:
23,357 (-157)

Net Worth:
+5,736 (+2,010)

Mortgage Breakdown:
Appraisal:  160,000
Zillow Estimate:  173,000
Acting Appraisal:  166,500
Loan Balance:  149,332
Equity:  17,168
June Payment:  256 P / 483 I / 311 E = 1,050

Monthly Income: 3,128
Monthly Assets Change: 1,853
Monthly Liabilities Change: -157
Monthly Net Worth Change: +2,010
Monthly Savings Rate (IRA/401k+Match/Cash/StudenLoan/MortgPrincipal): 2,387 (76%) x .55 = 42% (How is this number calculated?  All expenses are shared jointly, me @ 55%, GF @ 45%)

Credit Score:
Credit Karma scores:  757 TU / 750 Equifax
FICO score:  742

Solid month this June!  A couple of fun outings net met a few hundred extra in cash, plus a full return on deposit from our rental!  On top of that, we recieved a rent credit as well for moving out early the final month.  This month was definitely a good one for excess cash!  Nothing of partiuclar note otherwise, just going to continue chugging along.  Life is good – I’ve got a job that pays enough for me (and my GF) to pay all the bills, sock some extra away for retirement, and still save a bit/spend a bit on top of that.  Off to enjoy Independence Day!

May Net Worth

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

Roth IRA Basis:
5,883 (+200)

401k:
My Contribution Basis: 2,462
Company Match: 2,462
Total: 4,924 (+346)

Motorcycle:
3,500

Car:
1,500

Mustang:
1,000 (+1,000)

Personal Assets:
7,400 (+100)

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

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

Liabilities

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!

November Net Worth

Lil’ Sizzlers Portfolio:
Total Market Value: 1,099 (+38)
Total Divs: 36.24 (+3.43)

Cash:
2,001+100+409 = 2,510 (+21)

Roth IRA Basis:
5,035 (+200)

Roth IRA Cap Gains/Divs:
+4 11/30 Gains (+38)
+46 2014 DRIP
Total: +50

401k:
My Contribution Basis: 1253
Company Match:  1253
Total: 2,506 (+340)

CC Cash Back:
+250 AmEx, +7 Chase

Motorcycle:
3,500

Car:
1,600 (-100)

Personal Assets:
5050 (+50)

Total Assets:
21,643 (+811)

“Liquid” Assets (cash, stock and retirement):
11,493 (+861) (250 was CB Reward AmEx)

Liabilities

Chase Freedom:
114 (+59)

Amercan Express:
94 (-318) (0%)

Bank CC:
25

Student Loan:
Paid on loan: 200
Balance: 23,838 (-93)

Total Liablities:
24,071 (-352)

Net Worth:
-2,428 (+1163)

Monthly Income: 2,401
Monthly Assets Change: +811
Monthly Liabilities Change: -352
Monthly Net Worth Change: +1163
Monthly Savings Rate (IRA/401k+Match/Investments/Cash/StudenLoan(No Cap Gains/Divs/CB)): 31% or $761

Fair month this November!  I did a lot of spending for Christmas and birthdays/anniversary, but did recieve my $250 cash back reward from AmEx which is excellent.  I actually also was able to score $35 in credits toward eligible purchases with AmEx as well, so add that to the grand total.  I scored a +1,500 CL increase with Chase, making my total available credit $12,500.  I am going to apply for a 3x increase with AmEx next week and see how that goes!  It could potentially be $22,500 by the end of the month.

The potential for a house is near in the future.  That would hurt the funds, but set me on the right path for increased net worth in the future.  Work is going well, and I am making about a hundred or more per week in my new position.  I am expecting close to $1000 in tax return (via a TurboTax estimator), which will help boost the cash storage and maybe help with the home purchase in the future.  I will continue to cut spending (thanks to the holidays being over soon) and increase savings as much as possible.  Until next month!

October Net Worth

Lil’ Sizzlers Portfolio:
Total Market Value: 1,061 (+71)
Total Divs: 32.81

Cash:
1,643+150+696 = 2,489 (-22)

Roth IRA Basis:
4,835 (+250)

Roth IRA Cap Gains/Divs:
-34 10/31 Gains (+216)
+46.21 2014 DRIP
Total: 12

401k:
My Contribution Basis: 1083
Company Match:  1083
Total: 2,166 (+364)

CC Cash Back:
14+20 Chase, 35 AmEx (Credits)

Motorcycle:
3,500

Car:
1,700

Personal Assets:
5000

Total Assets:
20,832 (+731)

“Liquid” Assets (cash, stock and retirement):
10,632 (+731)

Liabilities

Chase Freedom:
55 Payment Bal (-17)

Amercan Express:
412 (0% Interest)

Bank CC:
25

Student Loan:
Paid on loan: 200
Balance: 23,931 (-103)

Total Liablities:
24,423 (+292)

Net Worth:
-3,591 (+439)

Monthly Income: 2,531
Monthly Assets Change: +731
Monthly Liabilities Change: +292
Monthly Net Worth Change: +439
Monthly Savings Rate (IRA/401k+Match/Investments/Cash/StudenLoan): 36% or $931.

This month was decent!  Due to the 3 year anniversary with my girlfriend and a job change that required some shopping, I spent quite a bit more than usual this month (over $500).  I got my third credit card, an AmEx Blue.  They started me at a 5k line immediately, which almost doubled my available credit – nice!  I’ve not got $11,000 available credit.  Also, a recent check of the FICO credit score puts me at 763, while CreditKarma is reporting 750 and 743!  Looking good there.  I am excited to get my $250 cash back after a $1,000 spend on my AmEx as well.  The savings are real!

With the holidays coming up, the cash savings will probably continue to remain stagnant, but retirement and student loans keep the top priority and will not decline.  The current decline in student loan is due to putting half into an account for the girlfriend, who has an immediate college bill that wasn’t covered by financial aid.  All is well here!  Hopefully I’ll be another $1000 closer to that $0 net worth mark after the end of this month as well.

September Net Worth

Lil’ Sizzlers Portfolio:
Total Market Value: 990 (+15)
Total Divs: 32.81 (+8.88)

Cash:
1,594+150+767 = 2,511 (+429)

Roth IRA Basis:
4,585 (+200)

Roth IRA Cap Gains/Divs:
-250 9/30 Gains (-61)
+46.21 2014 DRIP
Total: -154

401k:
My Contribution Basis: 901
Company Match:  901
Total: 1,802 (+274)

CC Cash Back:
13

Motorcycle:
3,500

Car:
1,700

Personal Assets:
5000

Total Assets:
20,101 (+1,080)

“Liquid” Assets (cash, stock and retirement):
9,901 (+1,080)

Liabilities

Chase Freedom:
72 Payment Bal (-248 – this is at 0 at the moment)

Bank CC:
25 (+25)

Student Loan:
Paid on loan: 388
Balance: 24,034 (-283)

Total Liablities:
24,131 (-506)

Net Worth:
-4,030 (+1,586)

Monthly Income: 1,900
Monthly Assets Change: +1,080
Monthly Liabilities Change: -506
Monthly Net Worth Change: +1,586
Monthly Savings Rate (IRA/401k+Match/Investments/Cash/StudenLoan): 68% or $1304.

Great boost this month, but the cash numbers look better than they really are.  We happened to end the month on the day before rent came out and a grocery trip in the near future as well.  However, it was still a solid month and I was able to knock my credit card down to zero (as of yesterday), so I was able to utilize the full 15 month 0% interest period without paying a cent of interest.

Ending the month, we are using a different strategy for about 8 more weeks.  Paying less on the student loan and putting more towards and immediate college debt for my girlfriend.  It’ll total up to about $850, and then things will get back to normal.  Other than that, continuing to chug along.  Stagnant on cash growth at the moment, but I have a decent savings cushion and our joint bank account continues to have a decent cushion as well.

August Net Worth

Lil’ Sizzlers Portfolio:
Total Market Value: 975 (-65)
Total Divs: 23.93 (0)

Cash:
1,688+100+294 = 2,082 (-50)

Roth IRA Basis:
4,385  (+175)

Roth IRA Cap Gains/Divs:
-189 8/31 Gains (-246)
+46.21 2014 DRIP
Total: -200

401k:
My Contribution Basis: 764
Company Match:  764
Total: 1,529 (+275)

CC Cash Back:
26 (+13)

Motorcycle:
3,500

Car:
1,700

Personal Assets:
5000

Total Assets:
19,021 (+45)

“Liquid” Assets (cash, stock and retirement):
8,821 (+45)

Liabilities

Chase Freedom:
320 Payment Bal (Zero % APR) (+80)

Bank CC:
0 (-19)

Student Loan:
Paid on loan: 384
Balance: 24,317 (-275)

Total Liablities:
24,637 (-214)

Net Worth:
-5,616 (+259)

Monthly Income: 1,923
Monthly Assets Change: +45
Monthly Liabilities Change: -214
Monthly Net Worth Change: +259
Monthly Savings Rate (IRA/401k+Match/Investments/Cash/StudenLoan): 42% or $809.

Well, it was Training Camp month, and I squeaked by with a positive gain in the Net Worth.  That’s all I could ask for.  I ended up spending close to $500 again this year in food, gas, hotels, and of course, merch.  Considering that big hole, I was actually able to come out with a fair month – at least, my savings rate is fair.  I did cheat a bit and win a large amount of that trip back at the casino on a lucky night, though.  Possibilities loom for a potential career change via promotion upcoming.  It would yield better hours, less physical work and a pay raise to boot.  Not to mention actually using my brain instead of my body.  More to come on that next month.