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Net worth 2005

January 1st, 2006 at 06:02 am

Here I am, sipping champagne, watching High Noon on Dec 31, 2005. Courageous, throwing these numbers out here, but this is a real financial diary, so here goes.

IRA, 403(B)s......$44,918.46 (anything tax deferred, set aside for retirement)
Stocks................ $4,918.62 (4 dividend reinvestment accounts)
sav bonds...........$6,807.76 (I and 2 EE bonds from grandpa)
cash savings.....$11,949.82 (ING account)
immed cash.........$1,423.51 (brick & mortar bank checking and savings)
GROSS...............$69,138.17
cc card debt.........$1,360.06
NET WORTH.......$67,778.11

Dec 2005 ($67,778 total, $23,740 in a non-tax deferred account). By comparison:
June 2005 ($46,115 total, $11,293)
Dec 2004 ($38,338 total, $7,558)
June 2004 ($29,050 total, $4,533)

3 Responses to “Net worth 2005”

  1. Anonymous Says:
    1136121697

    I'm just curious why you have a balance on your credit card with so much in the bank at ING? Is the credit card at 0%?

  2. Anonymous Says:
    1136164141

    Yeah, it does look a bit stupid, doesn't it? The credit card money is new, from November, which I should pay off by March. Most of the ING money is a gramma gift and the first bit of an inheritance, and somehow I want to do something more with it than just paying a credit card bill. Money isn't always money, I guess!

  3. Anonymous Says:
    1136298322

    Good for you! Looks like you're making really great progress. Now if only the rest of the US population would start saving as diligently! Smile On another note, perhaps you can get your sis to read "Sudden Money" by Susan Bradley as a guide to how she might make the most of her inheritance. It would be such a shame if she lost it due to mistakes that could have been preventable.
    I have no doubts, however, that you will make the most of this once in a lifetime opportunity.

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