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3.02.2008

Net worth update - up $5,755

This month didn't end up near as bad as I had thought. I received my annual bonus at work, but the majority of it went towards living expenses as Mr. Savvy isn't working, I'm working part-time, and we are paying for daycare that isn't even getting used. Hopefully the weather will start to cooperate soon and Mr. Savvy will be back at work in a week or two.

The way my part-time phase back from maternity leave worked was that I was very, very part time for about a month (12-16 hour weeks). I slowly work my way up to 3 and 4-day weeks this month and have about four more weeks of 80% time before I'm expected back full time. It's a great benenfit for moms and families and I wish it lasted longer than 12 weeks!

We are still somehow making progress on our 0% credit card debt. I'm hoping to find some renewed resolve this month and make some serious progress over the next two months. I would love to get it down to less than $23,000 before May 1.

I have also neglected including our contributions to Baby Savvy's 529 in our net worth. I add them this month. We contribute $250/month to his college education.

FebruaryJanuaryDifference
Retirement

165,365

162,070

3,295

Real Estate Equity

84,029

83,305

725

Stocks

2,192

2,396

-203

Cash vs. Credit Card Debt

-26,216

-27,923

1707

529

1,171

0

1,171

TOTAL

226,524

220,787

5,755

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Comments on "Net worth update - up $5,755"

 

Blogger J. Savings said ... (11:08 AM) : 

Wow, that's a hefty increase w/ the way the markets are these days, congrats!

How is your "Retirement" calculated? Is it both of your 401ks?

 

Blogger savvy said ... (12:10 PM) : 

Retirement consists of my 401(k), Mr. Savvy's Rollover IRA from a previous employer, and both of our Roth IRAs. Mr. Savvy's job doesn't provide a 401(k), unfortunately. I've been lobbying to get one, but so far they have been unresponsive.

 

Blogger billspaced said ... (5:37 PM) : 

I just discovered your site and I love it! I really enjoy the content, as well as the design/layout.

Would you be interested in submitting an entry to my Blog Carnival, Kids & Money?

If so, email me and I'll send you the submission address.

Bill

 

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