Monday, May 18, 2009

April Net Worth Update

I know this is late, but I've been swamped as usual. It's been a good month as far as making progress goes. This was the state of the union as of April 30th, so this is actually better than it looks.
I should be seeing my Net Worth go up a lot each month, as I continue to make progress on my debt. I hope that I can keep this up. Andrew asked me today when I think I will start feeling stable or seeing things turn around and for that, I am aiming for the end of the year. Just have to make it that far.

Assets

Car Value - $2,730 (No change)

Prosper Loans - $190 ($200)

Cash Savings - $187 ($0)

Roth IRA - $67 ($34)

Debts

Student Loans - $25,695 ($23,781)

BOA Credit Card - $4,523 ($4, 617)

Scooter Loan - $69 ($944)

Net Worth

- $27,113 (-$28,378)

Increase of $1, 265 which is 4.46%

The big plan right now is to get this credit card taken care of and to keep chipping away at the Student Loan before I attack the student loan with full force. I have to get it paid off by April 2013, but I want to get it gone much faster than that, as those are big payments that I would rather be putting towards something that brings me happiness.

1 comment:

deb said...

Wow! This must be difficult to live with a debt, i can only imagine coz i never had one.

Differences in the ways we live... in your country young folks take loans for themselvers, study or accomodation or whatever.

But in my place till you have lived half your life, loans are mostly taken care by parents, until you are starting out a big business sort of thing.

Good luck with ur stuff :) [if i have to recall i came from Google Reader > CSS-Tricks > UX Booth > Ur blog, hah always interesting to 'think' what and how we do online.]