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Archive for the ‘Net Worth’ Category

Net Worth May 2009

My net worth calculation went up significantly this month because I found out exactly how much money was sitting in my TSP account. I also tracked down all of my husbands retirement accounts.  Our savings went down because of the change in how I am recording our cash savings.
Also, the market gods seemed to [...]

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Cash Savings:
For the last two months that I have put together my net worth I have used ALL accounts that hold money to create this number.  However, thinking more about it that way of thinking is flawed!  Since my cash savings is supposed to be my safety net for the “OMG something is happening in [...]

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Assets:
Cash Savings         53,310.9
Roth IRA  3,000 approx
TSP 1700 approx
Home Value (est) 449,050 averaging from zillow, cyberhomes and coldwell banker
==============================================================
Liabilities:
Mortagage 417,000
HELOC 120,000
==============================================================
Net worth =  -34,640
Right now we’re in the hole, but I’m not sure what my retirment account status is.  I am in the process of gathering all the information from both my accounts and my husbands [...]

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