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October 2014 Savings Update

October 9th, 2014 at 09:58 pm

October 2014 Savings Update

Regular Savings:
Capitol 360 Savings $25,425.00
Local Savings $1,575.00
HSA $10,375.00
Total Regular Savings = $37,375.00


Retirement Savings:
Roth IRA $9855
Rollover IRA $820
401K $37,115.00
Total Retirement Savings = $47,790.00

Total Savings $85,165.00


Estimated Home Equity $234,000-$168,000 = $66,000.00

Net Worth
Regular Savings $37,375.00
Retirement $47,790.00
Home Equity $66,000.00
Total Net Worth = $151,165.00

My estimated Net Worth is over $150K! Yippee!

Posted in Monthly Savings Updates | 2 Comments »

2 Responses to “October 2014 Savings Update”

  1. snafu Says:
    October 10th, 2014 at 12:30 am 1412901040
    1412901040

    You identify your ever increasing cash savings as 'yipee' while I see it as lost opportunity with cash lying dormant, losing buying power while the DOW hits record highs. Forgive a repetitive message. Of course it's important to keep an EF but how much is enough with stable employment? If investment in yourself feels uncomfortable, you could significantly reduce the overall sum of interest as your mortgage silently punishes you as a new mortgage holder. What sum went to interest and what sum went to principal for your [1st] October mortgage payment?

    ok off the soap box

  2. wowitsawonderfullife Says:
    October 10th, 2014 at 02:52 am 1412909532
    1412909532

    We all have certain levels of comfort regarding investments and everyone needs to celebrate their successes despite repetitive input from others. So I offer you my congratulations on a job well done! Yipee!

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