Two things helped to stabilize my net worth over the past month. First of all, the bonus, although relatively small, helped me out. Unfortunately, that money will go to my car insurance payment and the balance due on my taxes. Secondly, the market turned upwards in February, so my investments gained some value, although that makes little difference to me until I liquify the funds. That’s not part of my plan for many, many years.
If you look at the chart, you’ll see I switched a few things and made some changes.
* I’m evaluating my funds on the last day of the month now instead of the first. I’ve revised the past numbers to fit the new accounting style.
* I reevaluated the value of my car through edmunds.com, including past values.
* My next paycheck (to be received this week) will be the first to include a reduction of 401(k) pretax contribution from 12% to 4%.
* My student loan is now in deferrment since I have started taking classes for my MBA again.
Continue reading to see the numbers.
Updated January 16, 2010 and originally published March 2, 2005. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.