Thursday, March 31, 2011

Monthly and Quarterly Updates

My quarterly net worth is down by $15,565. This is due entirely to falling housing values. My primary residence lost $19,000 in value over the last quarter, and my coastal rental lost $14,000. Since I'm not selling either of these homes in the near future, this doesn't worry me too much. (It helps that I purchased them 18 year ago and 36 years ago for MUCH LESS than they are now worth, notwithstanding the recession.)

On the brighter side, my 401(k) is up $16,000, of which only $3200 is from my contributions.

My total net worth is now $550,286.

On the monthly side of things, I managed to reduce my total indebtedness by only $392.70. I'm going to have to move a lot faster to meet my minimal goal of reducing debt by $6000 in 2011.

2 comments:

nicoleandmaggie said...

Keep trucking! Do you have any mini-goals or plans that will help get that number off your debt bigger next month?

Sharon said...

Not bad, not bad at all.

And, of course I wish all of those wonderful things to everyone out in blogland...especially the health part. Because without it, well, nothing else matters!