Now that we know we are having a boy it’s time to get to naming him. If you have come across a cool boy name recently hook a Ninja up and drop it in the comments. Need you to get those creative juices flowing since I probably wont get my way and name our kid Sir Awesome. And if we pick your name, I’ll even give ya a $100 of our own money (sent via PayPal) 😉
Alright enough baby talk, let’s get on with the Net Worth update…
Cash: $32,454; -$651
Wasn’t expecting anything too exciting here since we paid off a $5,000 credit card bill last month. The holidays and travel weren’t cheap, but they are some of my favorite things to spend money on.
Roth IRA: $48,279; -$1,940
What a lame month. Can’t win them all.
401Ks, Traditional IRAs, etc: $81,702; -$1,560
I’m sensing a trend here. Cash is down. Roth is down. Why not lose money on the 401ks and IRA’s as well?
Home equity: $73,826
If we sold our house today I think we’d reclaim all of our down payment, but probably not much else. I plan to only increase this amount by $400 each month since that is how much our mortgage lowers by when we send off a payment.
Credit Card: $1,678 (change not reflected since balance is paid off each month)
I love it when our credit card balance is under $2,000. Aside from our mortgage, we use our credit card for payment on virtually all of our expenses. Have a few home expenses coming up (tree service, skylights, and electrical work) so probably will have some higher balances over the next few months.
Not a great month for us by any means, but when a lot of your net worth is tied up in a market that hasn’t performed the best, what can you expect? I’ll tell you what you can expect.
A decreasing net worth. Haha.
We’re sitting at $233,583. Which puts us down about $1,500 from last month. Pardon me while I go throw a mini temper tantrum.
And for those of you who care, here is a recent pic of my main mistress Nova…
OH AND DON’T FORGET TO NAME OUR BABY!!!!
You can see all of my net worth updates here.