It’s time to update the good old net worth again. I don’t know about you, but time is just FLYING by. This is the second update post of my net worth. I have to say, tracking our net worth is really giving me some excellent motivation to keep crushing it. This month we paid down almost $3,000 in debt and saw our 401K balance increase by almost $3,000. We still have a long way to go, but seeing the monthly net worth number going in the right direction is really cool.
Net Worth Snapshot:
Debt Snowball Snapshot:
Emergency Fund: We were able to build the balance back up to $1,000 after we were hit in November with a “Truck” emergency.
401K: It’s nice to see this growing. We are now contributing 4% and getting a match on that from my employer. We also have the 401K loan repayments going in here as well. Of course the rebounding market is helping out alot 
Car: Lost a little on the KBB value.
House: This will remain the same until June 2010.
Snowball: We made good progress on the debt this month. In next two weeks, we’ll have the paid off another debt. Then we are moving on to the “Big Boy”, our 2nd mortgage. This one will take a while.
Mortgage: This will of course remain our last debt to be paid. You will not see a lot of movement on this baby.
We have a ton of work to do here at the DeliverAwayDebt household. We are going to keep kicking butt and shedding debt. Is there anything else in life better than paying off all of your money sins? Let’s raise our Mice and toast to a wonderful 2010.
Good luck everyone!!!
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DeliverAwayDebt is designed to help people along the journey toward "Debt Freedom". I use my battle against debt to demonstrate anyone with enough passion and motivation can blast away debt. My net worth is updated monthly and all my Pizza Delivery earnings are tracked. These are posted to demonstrate that YOU CAN eliminate your own debt. It will take some work, but nothing in life that matters is easy.
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{ 6 comments… read them below or add one }
Great to see these figures… I also just noticed the Financial Planning widgets in your sidebar, so am going to go check them out.
Thanks.
Forest´s last blog ..Frugal Living
Hi Forest,
I love those widgets. They are so easy to use and configure for use. I recommend them
Seems like you guys are making some awesome progress on getting things paid down! Kudos!
Thanks for the Kudos Sam,
It’s great to see some good movement, its a wonderful motivator.
Hey congrats for making the progress. Don’t forget to pat your back and do well in coming days as well.
Indian Thoughts´s last blog ..How I Spend first day of 2010
@Indian Thoughts,
Thanks again for the comment. While I do think we’re doing good at moving the needle in the right direction–more can always be done.