JayManC's Net Worth for February 2008


Assets Value Change ($) Change (%)
Cash $6,559 $6,559 -
Stocks $0 - -
Retirement $13,000 $13,000 -
Home $150,000 $150,000 -
Cars $1,100 $1,100 -
Personal Property $0 - -
Other Assets $0 - -
$170,659 $170,659 -
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $139,391 $139,391 -
Other Mortgage(s) $0 - -
Student Loans $4,627 $4,627 -
Credit Cards $7,875 $7,875 -
Car Loans $0 - -
Other Debts $16,221 $16,221 -
Total Debts $168,114 $168,114 -
Net Worth $2,545 $2,545 -
*All values shown in USD ($)
Notes:
9/13/2016: As I ported this over from NetworthIQ I realized that there was no journal entry for this. Seeing as how it was my very first entry back from 3/20/2008 when I was just discovering personal finance, I'm assuming that some of the figures were estimates. They're too rounded to be exact. This posting led me to really get crap together when I saw that I had a $2600 net worth. The months that followed were some of the toughest in recent financial history. I was unable to really capitalize on the market correction and buy in at the astonishing low prices, instead I was focused on eliminating the debt that I'd been carrying around for 10 or so years and changing my life forever. Looking back, it makes me proud to see the progress I've made in 8 years, going from struggling to keep afloat, to carefully planning my future. For anyone that is reading this, rest assured that success can be achieved, but it requires patience and (many times) years of slow effort. At the time it didn't seem like I was getting anywhere, but I'm glad that I was contributing and posting my progress. :)

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