kinless' Net Worth for January 2011

Assets Value Change ($) Change (%)
Cash $52,764 ($951) (1.77%)
Stocks $0 - -
Bonds $0 - -
Annuities $2,156 $54 2.57%
Retirement $42,537 $1,038 2.50%
Home $428,500 - -
Other Real Estate $0 - -
Cars $7,000 - -
Personal Property $15,000 $4,500 42.86%
Other $0 - -
$547,957 $4,641 0.85%
Debts Value Change ($) Change (%)
Home Mortgage(s) $318,291 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $4,169 $3,344 405.33%
Car Loans $0 - -
Other $4,000 $4,000 -
Total Debts $326,460 $7,344 2.30%
Net Worth $221,497 ($2,703) (1.21%)
*All values shown in USD ($)
Oh, the lovely joys of starting from scratch when you begin moving into a new home. It pained me to see the credit cards take such a beating the past 30 days. Despite the hordes of gift cards and coupons I have used, the necessities of filling 1555 square feet of living space is much bigger than I had anticipated (and I'm not even done yet). The most painful part was the furniture (some of which I added to the "Personal Property" assets). A few of you may notice the extra liability in the "Other Debts" section. That's a line of credit I acquired at Living Spaces, where I can make payments and not be charged interest if I pay it all off by Jan 2013. (Don't worry, it'll be paid off before Dec 2012 arrives, just to be on the safe side.) So that amount will slowly diminish over time. The Citibank MasterCard reached a new high of $3,700, but that will be paid off by next month. I won't do payments on that, because I'm not a fan of 19.99% APR. I have enough cash to cover it. The car has also been having a little trouble, with the A/C and fuel gauge no longer working, so I have to spend a few bills on that. Ugh... best timing ever. Once things settle down I'll concentrate on getting a few extra side jobs to help offset my big spending. Can't let that net worth dip too much. ;)