Making Me a Millionaire

January 2010 Net Worth

Here’s an update on my net worth for this month.  I’m feeling good with every month that passes!  But then again, when the economy has hit almost rock bottom, going up is not a big surpirse.

This month, we’re in the green by $26548.60!  The only thing that depreciated was my car.  We actually sold it (haven’t gotten the check yet though) for $24,000 so I know we lost $1k there but that’s OK.  I just canceled the auto insurance for that car so we should be saving a little bit more money.

Here’s a graph that shows how much the net worth has gone up in the last few months.

This has been the best month so far!

Next up:  Once we get the check from the car we sold, I’d like to use that money (and pull out some money from our cash savings) to pay off that home loan of $36,978.55.  With that paid off, we’ll have an extra $600 a month to play with and we’ll save ourselves a couple thousand dollars in interest.