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August MyActualGrowth Networth update September 3, 2006

Posted by Administrator in : MyActualGrowth , trackback

Alright well this month like a posted earlier I bought some things I needed on a credit card that has no interest for 6 months. I bought a new laptop which I needed and an Xbox 360. The laptop was 1549 and the 360+games and controllers etc was about 650. Now that’s over $2200 and my balance is now down to $1,325.27. So that tells you just how much I have payed on that bad boy. I plan to have it payed off in October, I could pay it off right away but again there is no interest until December so I am putting money in my Savings account that earns interest and still funding my Sharebuilder brokerage. So obviously this month I was looking at my net worth decreasing but it only decrease by $14.19 or dropped down by .63%. That’s not bad considering I accumulated an extra $2,200 in credit card debt.

Now I still increased my Networth in key categories such as my checking, savings, 401k, and my Sharebuilder Brokerage.

Some key figures are:

Cash or Cash Equivalent

Actual Value

Increase from July
(US $)

Increase from last Month
( %)
Checking Account $316.48 $199.17 169.78%
Savings Account $802.63 $286.26 55.44%
Total $1,119.11 $485.43 76.60%

Investments

401k $1,696.58 $199.17 19.30%
Sharebuilder Brokerage $1,142.74 $402.25 54.32%
Total $2,839.32 $676.80 31.30%
Liabilities

BankofAmerica Credit Card 1,325.27 1,325.27 New Card
Best Buy Credit Card $410.24 $100.00 -19.60%
Capital One Credit Card $0.00 $48.85 -100%
Total $1,480.24 $+921.15 -210.41%
End of Month Total $2,222.92

$-14.19

-.63%

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