Net Worth as of October 31, 2014: $214,380
Overall, my net worth increased by $1,729 this month 🙂
Cash: $1,519 [down $345]
Yuck. My cash accounts fluctuate every month, so I’m not too worried. But still – it just doesn’t look good!
Short Term Savings: $1,907 [up $301]
This consists of:
Emergency fund – $1,003
Wedding fund – $902
Travel fund – $2
I withdrew some funds last month from my Wedding fund to help pay for the Engagement Party, but I made sure I replenished the fund and contributed some more to it this month. I haven’t contributed anything to travel yet, but I will soon once we start honeymoon planning!
Retirement Savings: $26,218 [up $1,350]
This consists of:
401k – $1,244
Traditional IRA – $8,744
Roth IRA – $16,230
Wonderful gains this month – considering I took a bit of a loss last month. I’ll take the win, but I won’t celebrate too much. I’m in this for the long haul!
Est. Car Value: $16,242 [no change]
Next month will mark 2 years of owning my 2013 Honda Accord. Which also means I’ll probably be taking a hit in this value next month. *sigh*
Est. Home Value: $479,000 [no change]
Credit Cards: $3,712 [up $503]
This number should actually decrease by a lot in the next few days. I actually used my credit cards for all the party decorations/food/supplies for the engagement party and I’m using all the cash and check gifts we received to pay this back down. We actually received a lot more money than we expected – we actually “broke even” if you consider all the cash gifts we received against the party expenses. Only The Fiance and I would think to “break even” on a party 😛
Student Loans: $15,291 [down $118]
Another solid month of progress for these bad boys. Maybe I can get it down to $15,000 flat by the end of the year!
Car Loan: $17,530 [down $327]
Also some solid, yet slow, progress with this loan. I’m still very underwater, but hey – I still have no regrets about buying brand new!
Mortgage: $273,974 [down $481]
Slow and steady progress as always. With an awesomely low interest rate, I don’t really mind paying this one slowly.
Overall – October was a great month net worth wise. My October 2014 Net Worth increased overall, but I do still need to work on my credit card debt.
How was your October?