January 1, 2010

December Net Worth Update (+$4,787.45)

December was a strong end to 2009. Our net worth in December increased $4,787.45 from last month, to a total of $68,437.63 (click on spreadsheet below). We missed our 2009 net worth goal of $75,600 by $7,162.37, but I'll be reviewing that in another post.

What Worked

With the end of the year here, we were happy to be able to finish maxing out our Roth IRA contributions this month. With a final contribution of $800 to each of our Roth IRA’s, we hit the $5,000 per person maximum for the year. We contributed a total of $2,911.66 to our retirement accounts (401k & Roth IRAs) this month and saw our retirement accounts increase to a total of $4,854.55!

What Didn’t Work

Everything went perfect.

Next Month

January starts a new year and new goals. I’ll be reviewing how we did with our 2009 goals and outlining our new 2010 goals within the next week. Happy New Year!


MoneyReasons said...

Considering how hard 2009 way, I'd say you did pretty decently.

Since 2008, my 401(k) balance is still down, but it's slowly recovering. Hopefully in 2010, I'll break even.

Here's wishing you a Happy New Year!

1MansMoney said...


I've got a good feeling about 2010. I hope you have a great New Year!