Assets:
  • Primary Home - $196,000.00
  • Rental Property - $137,000.00
  • Car - $19,000
  • Retirement - $40,758.09
  • Cash (checking & savings) - $23,575.12
  • Brokerage - $2119.76
  • TOTAL ASSETS: $428,952.97
Liabilities:
  • Primary Home Mortgage - $181,646.82
  • Rental Property Mortgage - $148,140.28
  • Student Loan - $22,500.00
  • Credit Cards - $95.62
  • TOTAL LIABILITIES: $352,382.72
Summary Report:

  • Assets increased $2,156.19 (.51%)
  • Liabilities decreased $328.09 (-.09%). I need to start paying more towards my debt!
  • Overall, me Networth increased $2,484.24 (3.35%). Not bad considering the stock market.
  • I was able to save over $2300 this month due to careful planning and an extra paycheck.
  • Thanks to the extra paycheck this month, I was able to get my Emergency Fund back to my $20,000 minimum.
  • I increased my yearend Networth goal by $10,000 to $85,000. I'd originally set a yearend goal of $75,000 by December 2008. Since that goal was met in July, I am increasing the goal to $85,000.
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2 comments

  1. Chicky // August 3, 2008 at 7:26 PM  

    Did you rental property lose that much value? Did you put any downpayment while buying rental property?

  2. SingleGuyMoney // August 3, 2008 at 9:45 PM  

    @chicky: The difference in the value of my rental property and the balance is a result of a stupid loan and falling home prices. I did not put a downpayment when I purchased the property and it was initially purchased as my primary residence.