Major money movements in progress at the moment.
1) Refinancing - Sold off some bonds for the closing costs - estimated in the $4,500 range. Still not crazy about the high costs, but the rate is very good. I need to remind myself that at least a portion of that cost is to cover three months of escrow.
2) College Savings - Cashing out some more of our bonds and shifting some of our daughter's funds into the UPlan (pre-paid tuition). After all is said and done we'll have one year's worth of tuition to UMass in the bank. Not bad considering she starts preschool in September...
3) Real Estate Value - Next month I update our home's value, which is still spiraling downward. We expect to see about a 3% decline in the July update.
4) 401k Max Out - Next month we hit the contribution limits on my 401k, so the cash flow will increase dramatically come the end of July. As I mentioned last month, we plan to put the majority of that new cash flow towards the principle on our house instead.
All said, our networth is headed down dramatically over the short term. But we do expect things to turn around later in the year, and head up at a good pace as our debt load drops. Hopefully we'll turn the corner in the market too...