For the new readers, let me say that all of my credit card debt is in the form of a 0% balance transfer. Please see all three of my posts (1,2,3) on this and the (updated) best 0% offers that I have found. Short-term interest rates keep going up (I’m earning 3.75% interest on my savings now), and amazingly these offers are still around.
This is our last month of dual incomes, but it was a pretty good month. Major purchases-wise, I had to pay tuition for my summer classes this month. Overall, our net worth increased $3,256 from last month to $81,530. Our non-retirement funds now total $44,052. We won’t be able to keep up our current pace towards our mid-term goal of $100,000 for now, but I still think it’s reachable. We’ve already maxed out both of our Roth IRAs for 2005, and I’ve already put more than $4k into my 401k this year, so I think we’re good for retirement funding for this year. I will definitely be putting more emphasis on controlling monthly costs since I’ll have more time.
By Jonathan Ping | Goals | 7/10/05, 6:44pm