Rich in Spirits

Net worth in the six figures!

Wednesday, November 26, 2008

November 08 Totals

354 - Credit cards
0 - Car
17432 - Student loans

17786 - Total Debt

44 - Emergency Fund
9159 - 401K
314 - Roth IRA

9517 - Total Savings

Net Worth: -8269

The value of my investments continues to plummet! Technically, I don't need to worry about that as much at age 28 as someone older. It does mean, though, that I will probably not achieve a positive net worth this year as I had expected! But, in this economy, keeping both my debt and my savings moving in the right direction is what I need to focus on.

It also appears very unlikely that I will meet my target of paying all my debts by March 2009 as I had hoped! It is looking more like June or so. Which I also won't be sad about. Being debt-free by 30 is still do-able, and also not a bad achievement, even if I wanted to do it before 29!