June 30, 2009

June Net Worth Update (+$6,366.15)

After a crazy May in which our net worth dropped $12,703.04. June turned out to be a great turnaround month. Our net worth increased $6,366.15 from last month, to a total of $39,617.81 (click on spreadsheet below).

What Worked
We piled $1,675.19 into our retirement accounts (401k, Roth IRAs, & Traditional IRA) and saw them increase to a total of $2,110.87. We also deposited $3,815.08 into our savings account, $1,795.08 of which is from our 1st mortgage that we are not clear if we do or don’t owe.

What Didn’t Work
I have nothing to enter here, thank God.

Next Month
July should be another strong month. I receive a third “extra” paycheck next month and my wife may be receiving her first quarterly bonus from her new company. My 3% contribution increase to my 401(k) will also kick in next month, bringing my total contribution to 8%.

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