Assets:

  • Rental Property - $137,000.00
  • Primary Home - $196,000.00
  • Car - $19,500.00
  • Retirement - $40,341.12
  • Cash (checking and savings) - $37,335.88
  • Brokerage - $3276.40

Total Assets: $443,453.40 - increase of 0.61%

Liabilities:

  • Rental Property Mortgage - $149,352.80
  • Primary Home Mortgage - $182,523.00
  • Car Loan - $23,910.68
  • Student Loan - $22,500.00
  • Credit Cards - $119.70

Total Liabilities: $378,406.18 - decrease of -0.22%


Net Worth: $65,047.22, increase from prior month 5.77%

Monthly Recap:

  • Finally, the first positive month of 2008.
  • Credit card debt is all from this month and will be paid in full next month.
  • By keeping my spending in check, I was able to keep my February expenses significantly less than income.

Looking Ahead:

  • March income will be boosted by a state tax refund (more on that in another post).
  • Irregular expenses: Homeowners insurance bill due.

How did my friends do?

February 2008 Site and Net Worth Review from Moolanomy

February 2008 Net Worth Update from My Dollar Plan

Net Worth Update - After becoming debt free from DebtFree Revolution

Related Posts:

January 2008 Net Worth Review

3 comments

  1. Kim // March 1, 2008 at 10:00 PM  

    Just curious why you have so much in savings instead of putting it on your mortgage. Do you have a really good savings rate?

  2. JesieBlogJourney // March 2, 2008 at 1:03 AM  

    It looks like you are doing great at 30. If your living expenses for 6 months is less than your savings in the bank, you may want to put some where the interest rate is higher than the bank interest.

  3. Single Ma // March 2, 2008 at 10:26 AM  

    Finally, the first positive month of 2008.

    Well, it's only the SECOND month of 2008. LOL

    Congrats on the growth!