March 2007 Net Worth Update (+$6,462.28)

A lot of progress was made since our February 2007 Net Worth update. We have a positive net worth! Thank God! It’s a great feeling to finally have a positive net worth, even if it is only $3,293.43.

I can’t believe we were able to post a $6,462.28 change (click on spreadsheet below) to our net worth in one month. Over half of this increase was due to our Federal and State tax refunds ($2,044) and my wife receiving a $1,463 tuition reimbursement.

Here are the highlights from March:

• Our 401(k) has recovered pretty well from the $1,000 hit it took during the February stock market plunge
• We have $100 (starting small) invested in prosper at an average rate of 12.23%.
• Our emergency fund was given needed attention
• We made some serious headway on paying down our credit card debt. All of the remaining credit card debt is on 0% interest credit cards
• My wife’s student loan balance also was hacked down by the tuition reimbursement that she received
  

I don’t expect us to be able to keep up this kind of a pacing in the coming months, but we’ll sure try.