It’s been a while since I updated my NW, but thought it was about time…and with the recent market crash I’m a bit curious to see what what my personal bigger picture is now.

The below numbers are a comparison of mid-Oct08 to May08 (not posted) numbers:

Asset growth = - 4.46%
Debt reduction = 6.09%
Overall Goal = 59.8%

Asset growth is actually not bad considering the market lately.
Debt reduction is a result of paying off my car (hooray) and greatly reducing a personal loan.
I suspect now with the nasty market situation, my Overall Goal may take a little longer to reach.
However I expect that by next summer, my cost of living will be going dramatically down while I continue with my current income, and that should put my savings on a faster track.

Tags: goals, Life, Life, Money, net worth

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What happen to April?!
I’m skipping April’s Net Worth post for a few reasons, mainly though because I’m making a major purchase that will change my financial picture. While that is in the works any snapshot of my money will be misleading and inaccurate.

I’ll wait until the first week of May, once the financial dust settles.

Meanwhile, in April, just after I sent in my Federal Tax Return, I realized I had forgotten a very small W-2. Very annoying, but it had to be corrected. I dreaded doing my first ever tax amendment - it sounded intimidating. But using Turbo Tax online it was pretty straight forward and simple.

Tags: goals, Life, Money, net worth

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• NW - Oct 08
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I’m a little late posting this but the numbers are from the beginning of the month - March 6th.

My financial goal in February was to mostly complete my taxes and be ready to submit them mid-march. Unfortunately that goal was not met. My taxes are about half done…I’ve found many-many excuses not to dive into them again and finish them up.

Hopefully by my next Net Worth posting in April I’ll have better news to report..or else I’ll be posting about filing an extension!

As of this month - March 2008:

Asset growth = -0.05%

Debt reduction = 0.37%

Overall Goal = 84.4%
My Overall Goal amount is moving much slower than I would like - I need to start taking some steps to increase this amount.

This month’s goal is to get my taxes done. Then to plan out the spending of my return and “Tax Stimulus” check. I have a couple large financial things going on right now so depending on what happens over the next few weeks will determine where the cash goes…either way it will be put to good use and not spent frivolously.

Tags: goals, Life, Money, net worth

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• NW - Oct 08
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