Net Worth Update July 2006
I’ve waited until my credit card payments cleared to post my montly net worth so it wouldn’t throw the numbers off. I also updated it on NetworthIQ.
Overall I am pretty happy with an almost 25% increase this month. I am getting closer to my goal of reaching 9k net worth by October.
As far as changes go…I paid off a little of my credit card debt from the 0% interest balance transfer game so thats why the savings decreased. I also got my first payment from my MBNA 529 card, a nice deposit for $99.72. Getting cashback is fun 
Luckily the stock market stopped melting down like it did at the end of May/early June so that increased a little. My brokerage accounts were helped by a $500 bonus from Ameritrade and a little uptick in a few stocks.
Other than that, nothing too exciting. I am using Kelly’s Blue Book value on a trade in for the estimate of my car’s worth. I have debated whether to use that value or the much higher private property one. I imagine one day when I do sell it that I will sell it to a family member or friend if any are interested or use it in a trade in. Either way the trade in value probably fits better. Part of me wants to remove it as I will only sell it to buy another one but I’ll leave it for the time being.
July 15th, 2006 at 8:18 pm
Jason - you might want to change the color of your Total Liabilities delta to red when it’s negative (since that’s good)… it took me a while to realize how you could get a +24% with negative (and more importantly red) values in %change for assets and liabilities.
July 15th, 2006 at 8:38 pm
You mean to change a decrease in liabilities to green? Thats actually a pretty good idea, will make things simpler to understand. I will probably do that later.
August 5th, 2006 at 5:43 am
Impressive - if only we could all get 25% monthly increases in our net worth
Keep up the good work.
August 7th, 2006 at 5:48 am
Hah yea, I am going to enjoy it while I can. When the values are so low a month’s pay can make a big difference. Of course a major purchase can make the percentage look pretty bad too.
Oh and I finally changed the color as suggested, looks much better.