As of the end of July 2009 our Net Worth increased to $697,342 from $606,241 from the last update in January. I need to start keeping track each month again. We had a nice increase from stock gains over the past couple of months.
The breakout is as follows:
ASSETS
Retirement Accounts $329,262
Taxable Accounts $108,541
Cash $13,297
Home $205,000
Cars $12,000
Personal Property $3,000
Kids 529 Accounts $27,123
DEBT
Credit Card $881
Here is the summary for the past few months:
Our Net Worth increased the past few months again due to the stock increases over the past couple of months. I have been using the cash from dividends to make additional stock purchases of our dividend stocks but I have not been adding much extra money.
We spent about $16K on two new air conditioners and two new furnaces in April which came out of our cash. We will be building up our cash over the next few months to increase our cash reserves. You can click on my Net Worth graph on the right to see the changes in each category from the previous month. I continued funding our Roth IRA's each month.
This is the first time in a while that I have a credit card debt but I will pay the card off in the next 9 months with no interest.
I will post my Dividend Income Update on Tuesday.
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