Comments on: Net Worth Update: $219,609.14 (Down $5k, but it’s OK!)

By: J. Money

J. Money — Tue, 07 Jun 2011 02:00:57 +0000

Ooooh congrats!!!! 410ks are my all-time favorite financial vehicle – that’s exciting :) And yeah, KBB is always a bit of a tricky one. I’ve been using it for so long though that it’s still my #1 source whether I’m buying or selling and so far seems to work out. I need to spend some more time on Edmunds though, it’s been a while.

By: Matt

Matt — Mon, 06 Jun 2011 18:29:31 +0000

I’m a bit late to the party here, but I figured I’d throw my hat into the ring.

First: net worth is not happy after May, but June contains five paychecks, a bonus, and becoming fully vested in my 401(k) employer match! I may have a positive net worth (not counting 401k) by the end of the month and with 401k it’ll be nearing 20k!

Second: KBB is bizarre. It says my car (2008 Mazda 3) is worth $1,000 _more_ than a year ago and has gained $2,000 in value in the last two months. Edmunds TMV seems more reasonable, with the price dropping most months.

By: J. Money

J. Money — Fri, 03 Jun 2011 17:44:25 +0000

@F – My total cash up there is a combination of all my funds & accounts we have all over. But most of it is just there for whatever we need, I don’t break it up into “travel” or “maintenance” etc anymore, although that does work for a lot of people. Now that we’re financially secure and I understand how our money works each month, it’s much easier for me to just lump it all in :)

And congrats on the engagement!!! And passing $200k net worth – that’s hot!!!

@Jen – Yes it does, Jen! And it gets even more exciting every month as you continue to watch it grow :)

By: Jen

Jen — Fri, 03 Jun 2011 02:45:05 +0000

Updated my Net Worth today +$762.47 *happy, happy, joy, joy* It all adds up!

By: F

Thu, 02 Jun 2011 20:13:03 +0000

On a personal note I just passed 200K in net worth. As a single parent soon to be newly married again to a responsible saver who understands my budgetary obsessive behavior is great. I’m quite the happy.

By: F

Thu, 02 Jun 2011 20:11:30 +0000

Does your cash savings used for multiple things like trips, cars, repairs, household fixes? I’ve recently broke mine down into a Trip fund, car fund, maintenance and repair fund … Do you have a goal for it or is it just what it is.

By: J. Money

J. Money — Thu, 02 Jun 2011 15:17:07 +0000

@retirebyforty – I wish we’d had gotten a better rate too! If only I was in a spot to negotiate ;) Going over to your post now — looks like it’s gonna be a good one!!!
@Evan – Hah! No. 401ks are sexy :)

By: Evan

Evan — Thu, 02 Jun 2011 14:16:56 +0000

Is it weird that I have 401(k) Envy…

By: retirebyforty

retirebyforty — Thu, 02 Jun 2011 04:38:37 +0000

5.5% is a lot better than the previous term, but I was hoping you would get a better deal. The rates are unbelievable now. I guess it’s tough for underwater properties though.
We are refinancing our rental home too. :)
http://retireby40.org/2011/05/refinance-rental-home/

By: J. Money

J. Money — Thu, 02 Jun 2011 02:14:36 +0000

Thanks Diva! Hope your month went well too! :)