Thursday, August 20, 2015

NetWorth Update

I have updated out networth numbers over on  That site remains wonky and spotty, but I know how to use it and I can do a quick update when it works.

Angie (a reader here) had told me about, and I did create an account and had them port over data, but not all of my data came over.  So I need to spend some time, which I'm perpetually short on these days, bringing the rest of my data over and getting used to the site, etc.

Our expenses have gone way up with Baby Sam which is mostly due to child care costs.  We have also had some cash flow issues since we are converting a rental property.  As a result, we've been relying on our credit card to fill some holes in our monthly budget which I hate to do.

We do have plenty of cash in our savings so its not necessary to do this, but I don't want to take cash from savings.  Its been somewhat circular this summer.  I really, really need to kill the credit card debt once and for all and then cut the card to get us out of this habit.

The positive is that we should be under the $500,000 debt number by end of year (one of our goals).  If I killed the credit card debt we would be below the $500,000 number in a month.  Another positive is that we have stayed above the $2 Million mark (in assets) for a year now.

Otherwise, we continue to struggle with putting money into our IRA 2015 fund, and we will need to work hard on that goal this fall.