As of the end of October our Net Worth decreased to $747,078 from $755,013 for the month which is a 1.05% decrease. For now the markets look like the have settled but we will have to wait and see if the economy slowly starts to recover.

The breakout is as follows:
ASSETS
Retirement Accounts $366,513
Taxable Accounts $116,147
Cash $18,358
Home $205,000
Cars $9,000
Personal Property $3,000
Kids 529 Accounts $29,060

Here is the summary for this month:

Our Net Worth decreased the past month due mostly to the drop in the stock market. We are now debt free since we paid off our credit card debt. We will continue to use our credit cards for rewards but payoff the balances each month. I received around $100 in dividends for the month and have used the cash from these dividends to make additional stock purchases of our dividend stocks but I have not been adding much extra money.

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.

I will post my Dividend Income Update on Tuesday.