Archive for September, 2009

Net Worth Statement – September 1 2009 (+3.26%)

Posted September 1, 2009 by Chuck Posted in:

Net Worth

Summary

Hard to believe its September already, the summer has flown by!

This month I was able to further pay down some of our credit cards while holding the savings pretty steady. My 401k also did pretty well which helped my net worth out.

As part of my ongoing project to simplify our finances I have switched my various ROTH accounts to Ameriprise. This eventually should help me reduce the amount of information I have to sift through on a weekly basis.

Monthly Goals

Pay off some more credit cards whose 0% term will be expiring soon.

Also, I have to seriously consider refinancing. I have been playing the waiting game but the rates have held pretty steady for the last few months. Even if I can’t get in at my goal of under 5% (with no points / low fees) I still will be saving enough at 5.25% to make it worthwhile.

		Sep-09
ASSETS			$ DIFF	% DIFF
	HSBC Savings Account (1.45% APY)	$145.08
	DollarSavingsDirect Savings (1.70% APY)	$18,079.43
	Schwab Investor Checking (0.75% APY)	$7,976.74
	CASH TOTAL	$26,201.25	-$212.59	-0.80%
	Treasury Direct	$2,811.86
	BONDS TOTAL	$2,811.86	$0.00	0.00%
	Vanguard ROTH IRA	$0.00
	Scottrade ROTH IRA	$0.00
	Ameriprise ROTH IRA	$16,078.02
	T. Rowe Price 401K	$56,403.58
	RETIREMENT TOTAL	$72,481.60	$2,565.10	3.67%
	House Value	$339,500.00
	Car Value (Edmunds.com)	$6,823.00
	MISC TOTAL	$346,323.00	$14.00	0.00%
TOTAL ASSETS		$447,817.71	$2,366.51	0.53%

DEBTS			$ DIFF	% DIFF
	Countrywide Mortgage(6.75%)	$255,598.82
	MORTGAGE TOTAL	$255,598.82	-$520.74	-0.20%
	AES Student Loan (3.625%)	$2,189.10
	LOAN TOTAL	$2,189.10	-$44.86	-2.01%
	BOA MC (0%)	$7,049.64
	BOA NEA (0%)	$14,529.98
	Citi Upromise (0%)	$11,065.47
	CREDIT CARD TOTAL	$32,645.09	-$2,042.45	-5.89%
TOTAL DEBTS		$290,433.01	-$2,608.05	-2.01%

NET WORTH		$157,384.70	$4,974.56	3.26%