Wednesday, March 2, 2011

February Summary

Here's the February Summary of my financials:

Spending


Auto & Transport$1,712.05
Home$1,534.34
Bills & Utilities$406.75
Food & Dining$291.95
Entertainment$231.94
Uncategorized$98.68
Personal Care$86.97
Gifts & Donations$78.97
Shopping$38.24
Travel$15.00
Fees & Charges$2.25

Income

Paycheck$5,834.24
Reimbursement (Tax Refund)$4307.10
Income (Other)$207.72
Interest Income$0.32


Net Income was $6620.04 thanks to a hefty tax refund.

Accounts:
 Checking+Savings = 15103.98
HSA = 873.60

Credit Card Debt:
Capital One = -1914.39

Auto Debt:
US Bank = -4847.05

401K = 119.56
IRA = 14904.81



Assets: $228,224
Debts: 179,694

Net Worth: $48,500 (+9400 From Jan 2011)

As a 31 year old single male, this net worth is probably around average. My goal over this year is to increase my net worth to 70k.  Then by 2013 to be over 100k. I think it is doable but will require some discipline on my part.  A longer term goal is to be at 300k by the time I'm 40.

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