January 2005 Financial Status Update

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Not quite 2005, but I’m going on vacation on Friday, so here is my monthly snapshot:

0501_networth.jpg

My net worth increased by $3006 since last month’s snapshot, which is pretty nice but a little skewed since I get paid bi-weekly and I got 3 paychecks this month. My non-retirement funds now total $25,411, an increase of $2045. Not bad considering since this includes my holiday damage. More analysis on these results later…

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Comments

  1. My God man! The first thing you should do is pay off your huge credit card debt! Looks like you have the cash to do it, and I would bet the interest you pay on the credit cards is a lot higher than the interest you get from your cash. Also, the cash interest is taxable, and the credit card interest is not tax-deductable!

  2. Haha! Your interest comment is key – all that “debt” is at 0% APR, which I am placing in an FDIC insured account earning anywhere from 2.3 to 2.75% interest. Free Money!

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