Networth Update – August

Debt paid off since 01 Nov 2007            : 33,276.76
Increase in assets since 01 Nov 2007     : 21,531.74
Change in networth since 01 Nov 2007  : 54,808.50 ( +8.73% since last networth post )

The car payment has been deducted from my checking account, but it has not been applied yet to the loan account. If the payment isn’t applied by tomorrow, I need to call my lender to check the status. That would be another -400 to the debt paid off.

We are currently concentrating on increasing our emergency fund. Also we have come up with a weekly allowance that each of us would take for our lunch and other individual expenses. This is the first week we are following this. This is a drastic reduction in our monthly miscellaneous spending amount. Let’s see how this goes.