As of the end of January our Net Worth decreased to $777,745 from $788,767 for the month which is a 1.40% decrease. The stock market had few bad weeks at the end of January but we are close to where we ended of 2009.


The breakout is as follows:
ASSETS
Retirement Accounts $383,882
Taxable Accounts $125,661
Cash $21,054
Home $205,000
Cars $8,400
Personal Property $3,000
Kids 529 Accounts $30,748


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 still 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 $200 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.