Thursday, May 01, 2008

April Networth

With the massive spending happening this past month, I did not expect to see even a penny of growth. Maybe this is because I am more used to paying interest then receiving it.

  • I knew that we had bottomed out on my College Balancer account, after I made the final payment for our oldest child.
  • I kept and keep on finding Quicken being a sneaky toad and double entering loan payments - I think I have rectified the accounts for now anyway.
  • Clothes - man did we shop for clothes this month. I feel the heat from my charge cards as each purchase was made. I think it has been since Christmas that the cards had this much activity.
  • Prom - should I even tally this anymore? Kids cost - no if's, and's or buts about it. All in the name of creating a memory for my children - something I do not have.

You can check out the changes in wealth at Networth IQ. What they amount to is:

    • .74% increase in Net overall ($4776)
    • .43% increase in Assets ($4691)
    • .02% decrease in Liabilities (-$85)

There were no contributes to retirement this month. Instead I decided to secure our cash position first. With the rationalization that funding the annual bills and expenses first will ward off financing the balances. And I will have the last quarter, if not longer, to invest in the IRA's.

1 comments:

DogAteMyFinances said...

I paid $50 to download Quicken and feel like a sucker. It doesn't even interface with half my accounts, the securities are always whack. I can't even imagine using Quicken for taxes.

I'm sticking to a monthly accounting in Excel (well, Google docs so it never goes away).

 
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