Thursday, May 1, 2014

Monthly Update - May 2014

Here is our Monthly Update:

Net Worth Standing for May 1, 2014:

Assets: $643,393.40 - Liabilities: $136,812.08 = Net worth: $506,518.32

Net Change = increase of $11,906.68




Once again we have increased our Net Worth and continue to decrease our debts.  During April, we got our tax refund and put the complete amount toward our Chapter 13, which helped to reduce the debt.  The markets came back a little bit, so we had some small gains.

It is such a nice feeling to see our Net Worth over .5 million, and I cannot wait to double that and see our Net worth reach $1 million.

Our goal is still to reach $550,000 in Net Worth by the end of the year, and we are well on our way to getting there.

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