March 2006 Net Worth Update (+$10,478)
| Feb-06 | Mar-06 | Change | % |
Cash & Equivalent | $ 3,923.09 | $ 9,422.55 | $ 5,499.46 | 140.18% |
Saving | $ 36,427.91 | $ 36,434.73 | $ 6.82 | 0.02% |
Brokerage | $ 46,245.23 | $ 46,261.02 | $ 15.79 | 0.03% |
Roth IRA | $ 22,236.00 | $ 22,912.04 | $ 676.04 | 3.04% |
401(k) | $ 75,143.24 | $ 78,415.04 | $ 3,271.80 | 4.35% |
Stock Option | $ - | $ - | $ - | 0.00% |
ESPP | $ 32,270.53 | $ 33,554.25 | $ 1,283.72 | 3.98% |
Rental Equity | $ 41,211.82 | $ 41,397.93 | $ 186.11 | 0.45% |
Other Assets | $ - | $ - | $ - | 0.00% |
Receivable | $ 1,205.00 | $ - | $ (1,205.00) | -100.00% |
Reserve Funds | $ - | $ - | $ - | 0.00% |
Loans | $ (30,503.01) | $ (29,759.23) | $ 743.78 | -2.44% |
Tax Liability | $ (3,000.00) | $ (3,000.00) | $ - | 0.00% |
Total | $ 225,159.81 | $ 235,638.33 | $ 10,478.52 | 4.65% |
Highlights for March
-All credit card debt (except current month's purchases) is in the form of 0% APR balance transfers earning interest in my savings accounts.
-I hit a milestone this month as my net worth reach 10% of my personal finance goal.
-I continued my indepth look into the 2005 return on my entire net worth (Net Taxable Investment Accounts:-$685, Net Company Ownership Return:-$8,892 ).
-I calculated the cost basis for my rental property and then determined the depreciable amounts of personal property, land improvements and building structures.
Stock Investments for March (Outside of 401k & ESPP):
$450 in Roth IRA
Since I am still trying to increase my cash on hand (for major purchases in the months ahead), I refrained from additional investing for the month.
4 Comments:
Apologize for the table funky formatting. Will try to fix tonight.
By 2million, at 10:20 AM
Yup thats a fair assessment on my Roth IRA.
The $3k bump in my 401(k) should be contributions, matching contributions, and some gains.
By 2million, at 4:35 PM
Hi,
I would like to start my own net worth spreadsheet to keep track of my finances. Where do I begin? Do I need softwares like Quicken? any suggestions? Thanks.
Milton C.
By Anonymous, at 6:44 PM
Milton,
I would suggest getting some personal finance software if your serious about tracking your finances. It will take some time to get everything set up, but I think you will notice a difference. I don't know how anyone manages their finances without some sort of system.
I think Quicken and MS Money are both good choices.
By 2million, at 9:01 AM
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