Medicated Money

Saturday, June 03, 2006

Net Worth - May 2006

Even though we saw some set backs in the middle of this month, we were very pleased with our progress for the month of May. We are happy to report that we continue to keep marching forward with progress in our financial situation.

Here are the numbers for month of May:



As always, a couple of points of interest:

  • We saw a decrease in our emergency fund this month. We decided to stay on pace with our debt repayment plan and therefore, our money from our emergency fund helped us reach this goal this month.
  • Even though our retirement accounts took a hit this month, we continued to place the maximum allowed in our 403(b) accounts. We are on track to reach our goal of $15,000/year for each account. On top of this, we are required to place 6.4% of our salary into a retirement account created by our work.
  • Since the start of this blog, we have seen an increase of 23% in our net worth.

2 Comments:

  • Nice job. Looks like you're just about finished with student loan #2.

    By Blogger John OMM, at 9:37 PM, June 03, 2006  

  • Thanks John. Student loan #2 is soon to be dead and six feet under. Memorial services are currently schedule for late June, and donations towards our credit card debt are being accepted on behalf of the deceased!

    By Blogger Medicated Money, at 1:07 AM, June 04, 2006  

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