QuestForAMillion.net

Because I was out of town at the beginning of September without access to our numbers, I didn’t do a separate page for our August 2008 net worth. However, I went back and grabbed the most accurate data I could so I could have a good calculation for September.

Here is our net worth calculation for September. A particularly brutal month in the stock market really cost us with college and retirement accounts. We paid off our big 0% credit card so our credit accounts decreased dramatically. We wound up with a pretty nice increase for the month, all told. Most of this can be attributed to the bonus I received from work.

We had a net worth increase of $7091.66 or about 6% for the month. Because we now have a year’s worth of data, I’ve also put in comparison numbers to last year. In the past year we’ve increased our net worth by $23609.09, a 24% increase. I’m firmly convinced our goal of $140,000 by the end of the year is out of reach, but I have no intention of stopping our retirement or college savings.

Notes:

1. The credit accounts now consist of a HELOC, the rewards card that most of our monthly spending goes on (which we pay in full every month), and a small 0% credit card - to be paid off in November.

Goals

We’re still focusing on piling up cash. It looks like soon we’ll be able to set aside extra to help with paying off the truck and paying down the HELOC.