Welcome to our September net worth update. September was quite the eventful month for us. We became debt free, making our final snowball payment. We purchased a new car with cash! We restarted our retirement saving, on the heels of being debt free. It was a busy and exciting month. We are hopeful that October comes back to normal a bit for us. Here’s how the month broke down:
Net Worth Details
Cash ($0.00): Even, Steven for the month and I’ll take it. Finally having a fully funded e-fund give us a warm fuzzy feeling deep down inside.
401K (-$1,595.00): Ebbs and flows of investing. The good news here is that we have started our savings again and our taking advantage of my companies 4% match.
Pension ($0.00): No interest income added this month, just a matter of timing. The pension contributions are now over. Once I have the ability to roll this somewhere else I will.
Autos (+$57,068.00): We say good-bye to our 13-year-old car for $700, we still have our 12 year-old van, but have added a new vehicle to our house hold. We paid cash and it felt good.
Home ($0.00): Still an estimate, as home prices are still fluctuating in my area. I’ll be very happy if we sold for $350K. We don’t have any plans on going anywhere soon.
Mortgages ($-266.00): Slow and steady. I hate being underwater, but we are getting closer.
Consumer Debt ($-2,689): With a final payment to Bank of America we are debt free! 50 months of hard work and we paid off $109K of debt! We are so thankful to be at this point.
I expect that our budget and net worth will continue to evolve over the net few months. There have been lots of discussions in our household lately surround the direction we are headed. We continue to research and collected information on education savings, and investments. We hope to have everything in place by the end of the year.
How was your September? Do you have any goals you are looking to accomplished between now and the end of the year?