Our net worth slipped off a bit in August. It decreased $268.43 from last month, to a total of $92,766.65 (click on spreadsheet below).
What Worked
We increased our savings to $3,613.59. We plan to focus on getting our savings balance to a much higher level to provide some security in this uncertain economy.
We contributed $813 to our retirement accounts and saw them decrease $1,186.75. So far this year, we’ve contributed $12,609.65 to our retirement accounts. Last year, we contributed a total of $19,437.41. Another $3,658.50 should be contributed to my 401(k) through automatic payroll deductions over the rest of 2010. That leaves $3,169.26 that we have to contribute to our Roth IRA’s in order to match last year’s total contribution. We need to get our act in gear to make this happen.
Next Month
I’m hoping good thoughts for our net worth in September, but whatever comes our way, we’ll deal with.
