Net Worth – September 2009

Posted by KC | Posted in net worth | Posted on 09-09-2009

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All the asset accounts are up – especially savings and the liability accounts are slowly making their way down to zero.  I haven’t slowed my debt pay down, from what I can tell it’s a slight increase in finance charges that is negating some of the payoff.

Plus, there were some slight set backs this month since I just realized that I get paid every other week and not on set days of each month – as I believe I had originally been told.  Well the bills went out and the money didn’t go in, so I got hit with some overdraft fees and spend about half a week kicking myself.  I’m back on track now and don’t expect anything like that to happen again.

But little mistakes and finance charges won’t stop me or hold me up for long. Especially since today I paid off yet another credit card! Yep, the debt snowball keeps on rollin’ and that bigger payment of $300 has rolled into an existing $115 payment creating a – you guessed it – $415 monthly payment to the card with the next highest interest rate.

It’s ironic that the day I look forward to each month is the day that huge chunk of cash goes out of my account to pay down that debt.  It’s a sick sense of satisfaction watching the effect those big chunks have on that total debt number.

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