April 2008 Net Worth Update (+3,661.34)

April has been a great month. Our net worth increased $3,661.34 over last month, bring us to a total net worth of $31,437.95 (click on spreadsheet below). This puts us at 65.77% of our 2008 net worth goal of $47,800.

What worked:
We increased my 401(k) contribution by 1% to a total contribution of 5%. We invested $638.95 in retirement accounts (401(k) and Roth IRAs) this month and, with the recent market upswing, saw a total increase in our retirement accounts of $2,416.09! We also increased our savings by $662.38, primarily due to my wife’s commission check.

What did not work:
I can’t think of anything that went against us this month. Thank God.

Next month:
May should be another solid month. We plan to do a large contribution to our Roth IRAs and bump up our savings a bit.

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