"Secret skimping is out, like false bosoms." - Marjorie Hillis, Orchids on Your Budget, 1937.

Monday, February 1, 2010

February 2010 Net Worth

Emergency Fund: $2,351.29
Checking: $2,064.26
Wedding Fund: $472.71
Misc. ING Funds: $56.41
Roth IRA: $6,991.58 (out of the $7,300 I've invested so far)
401k: $4,439.32
Sharebuilder: $36.99 (out of $50 initial investment)
Amex Gift Card: $55.00
Total Positive: $16,467.56

Rent: $850
Groceries/Utilities: $PAID
Doctor Bills: $125.00
Phone: $PAID
Subway Pass: $59
Credit cards: $691.23
Student Loan I: $7,745.57 (from over $19k)
Student Loan II: $0
Total Negative: $9,470.80

Total Net Worth: +$6,996.76

Despite the fact that my retirement accounts were pummeled last month, I still managed a small increase in my net worth. It's no time for celebration though, because I need more, and faster, please.

I've decided to sell a few more pieces of jewelry on ebay. I spent yesterday morning making 6 listings. Not only is it a huge pain in the ass, but unless you're a super established seller or selling a big-name item, it's difficult to find buyers, even if you've got great pictures and a tiny starting price. For that reason I've only put up a few things that I think have a good chance of selling, and I'm going to bring the rest to my mom who will sell them for me at the consignment shop she frequents. I'll only see half the sales proceeds, but people expect to pay more in person than online anyway.

I have a couple things to report, so I'll be back soon to spill. Hope everyone has as happy (ha!) Monday.


Austin said...

Are you just using your free $50 from Sharebuilder to invest? Would you recommend them?

Austin @ Foreigner's Finances

ekingout said...

@Austin - Yes, I am. I haven't touched it since I opened the account years ago, so I can't really say much about Sharebuilder.