Monthly Net Worth Statement

The shortest month of 2009 has been the sweetest. Most of the new cash this month was due to the tax refund of over $5,200 and the final installment of the retention bonus. There was a huge increase the amount of sales through my eBay store, but it’s not the sales number that counts, but the actual profit after all expenses. Eh, not so much, but I’ll take it. My consulting business has accounts receivable, which I did not include in my net worth this month. Hopefully, the check will get here for next month’s tally. Last, but not least, are my Amazon payments ($1.09), winnings from contests ($5), and my gambling winnings ($185). A big decrease in income came from my tenant moving out, but I am saving on some utilities and maintenance costs. I’m still hoping for our regular annual bonus from my Wall Street job, which is usually paid out in March. Fingers crossed!

My credit card debt could have been lowered more, but I decided to keep my emergency fund at $5,000. Kelley Blue Book keeps changing the resale value of my car, or I was missing one of the features in my vehicle when I ran the report the last time. That value increased a little. My Zillow home value is different than my Domania home value, but with the last sale of a comparable home in my development being closer to the Zillow home value, I’ll use that number from now on. That accounts for the increase in my home value, not any home improvements.

Everything seems to be on the right track. I hope to have more eBay sales as Spring arrives, as well as the opportunity for more inventory purchases at lower prices due to the economy. My mastermind group is deciding on which of the two ideas to invest in/work on. Hopefully, the income stream from that will trickle in soon. May March bring you good fortune!