Tuesday, October 2, 2007

Monthly Update for September 2007

Wow! Net worth up to $173,791.84. That's a change of $7,498 dollars or about a 4.5% increase from last month! Details listed on http://www.networthiq.com/people/VAContractor

I have been saving money for some time now but never really tracked my month to month progress in detail. This has been such a great learning experience for me.

A few notes on the month

  • Over $2,500 dollars deposited into my ING account!

  • Recovery of the overall U.S. Stock Market had a major impact to my mutual fund portfolio (retirement and taxable accounts)

  • Limited draw down of liabilities other than the $339 from a mortgage payment

A few thoughts on the future

  • Expect next month to be another good ING savings month.

  • Expecting some additional income from travel reimbursements from work.

  • Cash savings goal of $45,000. Within 6-8 months.

  • Continue researching new investments for after cash savings goal is attained.

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