Sunday, January 3, 2010

December '09 Progress Report

Hope you all had a wonderful New Year's. I certainly did. My final 2009 net worth progress report looks pretty upbeat too.



MY DEBT


Starting Debt (6/08)

Last MonthThis MonthDIFFERENCE
Private SL$49,528.99$43,557.31$43,182.39$(374.92)
Fed'l SL$55,852.68$53,717.32$53,568.28$(149.04)
Car Loan
$9,779.33$0.00$0.00$(0.00)
CC
$13,610.75$0.00$0.00$(0.00)
TOTAL
$128,771.75$97,274.63$96,750.67$(523.


*Sigh* This is the last month that I'll put my snowball plan into abeyance. Next month, I'll resume my plan and hope to pay down my debts by at least 1% per month. It'll be hard to get back onto the frugality horse again, but I'm just gonna have to do it if I want to get rid of my debt in 4 years. *Sigh*


MY SAVINGS

LAST MONTH

THIS MONTH

DIFFERENCE
$8,372.41$8,472.64+$100.23

Eh, nothing new here this month. But I've come into some windfall that will be reported in a future post and next month's progress report. Stay tuned.


MY NET WORTH



LAST MONTHTHIS MONTHDIFFERENCE
$47,358.27$53,922.34+$6,564.07


Whoa Nelly! My net worth increased by $65,862.20 in one year, but I'll only take credit for ~$53,213, which represents the sum of the contributions to my 401k (including employer match), Roth IRA, I-Bonds, savings and the amount of debt I reduced. ~ $12,649 arguably represents the market rebound. I'm not sure whether the market in 2010 will go up or down, but I just pray for less volatility for the sake of my sanity.

The breakdown and the history of my net worth can be seen here.

4 comments:

jpkittie said...

fantastic strides on the net worth!!!! wahoo!

You can get rid of that debt very easily - just stick to your plan, you have done amazing thus far & you only have a bit to go... good luck!

Ms. MoneyChat said...

kudos chica! 2009 was a good year for you, i'd say. hmm, windfall, i'm anxiously awaiting to hear more;-).

Money Funk said...

that header is so cute! Nice job by TikiKitchen.com

and your Net Worth - you've done well for yourself. Now get back on that horse and find frugal!

I did a new snowball schedule - told me 4.75 yrs and $14K paid in interest. I plan on changing those terms. ;)

Revanche said...

If that increase was with you OFF the horse, I can't wait to see what you accomplish back on! C'mon, aren't you at least a little impressed with yourself? I know I am! :) (Impressed by you, that is.)