Clawing my way out of the abyss
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Net Worth Update

I just signed up with NetWorthIQ and set up my public profile. Pretty sad, eh. Surprisingly, I’m not upside down on my house or my car. My home value has fallen about 7% from the high ‘comps’ in my development. That’s the least of my problems. The key figure is the $52,624 in credit card debt. I racked up at least $20,000 worth since I got my Wall Street job. I was living it up like my co-workers when times were good. Well, times are bad now…really bad. I lost my way, but I will find my way out of the abyss. Our firm laid off 40% of the staff in December, so I may need to change my blog title to ‘Broke Ex-Wall Streeter’ in the near future, but for now I’m full steam ahead in debt attack mode. I will keep you updated on my net worth on a month-end basis.

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