Top cities for savings September 13, 2006
Posted by Administrator in : Saving, credit , 53 commentsHere is a nice little article about the ever growing rate of debt that we Americans put ourselves in. Its hard to imagine the average household is $7,200.00 in revolving debt! Just goes to show you we live in a world of visa and mastercard for sure.
Here is the link to the article…
http://biz.yahoo.com/special/pf091206_article1.htm…
August MyActualGrowth Networth update September 3, 2006
Posted by Administrator in : MyActualGrowth , 1 comment so farAlright 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.
- This month displayed is August and all percentage increases and decreases are from June to July.
Some key figures are:
- My cash or cash equivalent increased 76.60%
- My investments increased 31.30%
- My capital one Credit card is now payed off!!
|
Cash or Cash Equivalent |
Actual Value |
Increase from July |
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% |
Stocks for $4 Sharebuilder
