Thursday, August 9, 2012

Net Worth Update - July 2012

July was a great month for my net worth with almost an $8,300 increase. A lot of that came from my savings and another good chunk came from the stock market rising. For the month I contributed around $1,250 to my 401k plus another $630 from the company match. I also set aside another $1,000 for my ESPP and had a great month of saving from my take home pay with $6,800 being saved. I'm looking forward to August bringing some lower expenses and hopefully getting a chance to deploy some more of my money that's currently sitting in my brokerage and Roth IRA accounts. While that would probably meaning a less than stellar net worth increase it would be worth it in the long run.

Current Assets: $128,187.13
Curent Liquid Assets: $45,537.62
Current Debts: -$16,975.43
Net Worth: $111,211.70

I'm now pretty solidly in the $100k's for my net worth which is great. Next up is the $150k mark which I should get close to by the end of the year. My savings rate for July was 81.49% which is awesome. Of course a lot of that is because I don't have many expenses so any extra income usually goes straight to the bottom line and into savings. As usual this doesn't include my 401k contributions, but does include my debt service payment.

YTD my net worth has increased 61.73%.

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