January Net Worth

As of the end of January our Net Worth increased to $923,029 from $914,573 for the month which is a .92% increase. The increase in net worth is tied to the increase of the stock market in January.

The breakout is as follows:
ASSETS
Retirement Accounts $491,779
Taxable Accounts $137,513
Cash $39,754
Home $205,000
Cars $6,900
Personal Property $3,000
Kids 529 Accounts $39,083

Here is the summary for this month:

The stock market was up for the month of January. The US economy continues to show signs of very slow growth.

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 $150 in dividends for the month and have used the cash from these dividends and $400 to make additional stock purchases.

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. We continue to fund our Roth IRA's each month.

I will post my Dividend Income Update on Thursday.