June Net Worth

As of the end of June our Net Worth increased to $996,636 from $968,179 for the month which is a 2.94% increase. We are just below the $1M barrier which we broke in March for the first time. The increase in net worth is tied to the increase in the stock market. The stock market in June was up around 3%.

The breakout is as follows:
ASSETS
Retirement Accounts $516,249
Taxable Accounts $144,200
Cash $36,884
Home $205,000
Other Real Estate $145,000
Cars $17,400
Personal Property $3,000
Kids 529 Accounts $45,893

DEBT

Other Mortgage $109,674

Car Loan $7,343

NET WORTH

$996,636

We use our other credit cards for rewards but pay off the balances each month. All dividends received this month went toward paying down debt.

We also have a car loan of $7,343 since we purchased a new car in October 2011.

We will be paying down debt and trying to 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 Tuesday.