It hurts a little to finally have some debt, but it'll be well worth it. I am revising my 2010 end of year goal due to school. Not only will there be a very large monthly tuition bill, I will also accrue about $24,000 in student loans between now and Dec. 2011 when I expect to graduate. New revision for 2010 net worth is $10,000 less, with $70,000 being my new goal. Not ideal, but still 40% increase over 2009!
Breakdown of Assets
Cash: Savings in an ING account, I don't include checking balance here since the money is already planned for bills.
Stocks: Mutual funds
Retirement: Company 401k and IRA plan
Cars: 2004 Honda Civic, value determined at kbb.com
Other Assets: Stocks and options
Goals:
Dec 2009 Net Worth (age 26):
$50,000 (met this goal!)
Dec 2010 Net Worth (age 27):
$70,000 (revised from $80,000 due to full time enrollment in school.) |