November 2010 Net Worth Update +($3,931.33)

We had a solid increase to our new worth again this month. Our net worth increased $3,931.33 from last month, to a total of $108,292.25 (click on spreadsheet below).

What Worked
We officially passed our 2010 net worth goal of $105,700 this month. Now we can get a head start on our 2011 net worth goal of $138,100. In November, we contributed $1,313 to our retirement accounts and saw them increase $2,333.99 to $78,157.17. We also increased our savings account balance by $1,757.15 to a total of $7,479.92. UPDATE: My wife received her Q3 bonus after I posted this yesterday so I wanted to include the details here. The bonus was for $1680 gross ($941.14 net)!

What Didn’t Work
We’ve falling behind in our retirement account contributions, but this is the result of a slight change in plans. We have decided to focus on growing our savings account balance over the next 12 months so that we can hopefully be in a position to put a down-payment on a house in 2012.

Next Month
December is going to be a great month. I look forward to Christmas every year: celebrating the birth of Jesus, the festive cheer, and delicious food! Financial we’ll have a lot of income in December to look forward to also. My wife receives her Q3 bonus (bonus arrived shortly after I posted this) and I receive a third “extra” paycheck ($1,775.43 net).