Today is a happy, happy day for me. I have finally reached the tipping point where the things I own are more than the things I owe. If I died today I would leave my family with a total of $168 as opposed to the -$13,850 I was worth this time last year. Excellent feeling. (Actually, that’s not entirely true since the retirement accounts would have to be taxed properly… but that’s something my loved ones can figure out. ;))
Here’s a nice little diagram of my net worth journey since I started actually tracking. When I first began it was -$13,850, but this is how far I’ve come since November.
And here’s how it’s all distributed:
Assets: $6028
Cash: $528
E-Fund: $2130.76
Future Fund: $1000
Christmas Fund: $224.48
401(k): $1750
Roth: $358
Liabilities: $5860
Debt: $5800
Credit Card: $60
Total Net Worth: $168
If I looked at this chart last year I’d probably laugh aloud. It’s been one year since I took charge of my finances and I never want to live a day when I am not conscious of my spending, savings and giving.
More Good News:
This marks my 100th blog post! I cannot believe that way back when I started this blog I’d have enough to talk about for 100 entries. Over the weekend I changed the look a bit, so please tell me what think of it. I have to say this blog has been one of the greatest accountability tools in sticking to my financial goals; so thank you to those who actually read this blog on a semi-regular basis. Your comments, suggestions and cheers have inspired me. Happy, happy day! :)
YAY YAY YAY!!!! This is a big one — a HUGE one! You should be so proud!
Yah!! Congrats!! I can’t WAIT to have a positive net worth.
BTW.. I had to switch over my blog, so hopefully you can figure out who this is and switch over your blog roll link. =)
BTW… I really like the new layout, it is very clean. =)
Way to go! Hooray for being in the black!
wow!! that’s is truly fantastic, congratulations!!
Congrats MPP!! :) One year can REALLY make a diff in one’s finances and this is a great example! :D
Yay! Congrats! Last month I just squeaked by with a minutely positive net worth. It feels better every month that that networth grows, doesn’t it?
Congrats! And it’s only going to get better from here!
What a great milestone! Nice work!