August’s Numbers (because it’s too late to bother with September)
As of October 10, 2016, we are $306,612.08 in debt with a mortgage. We currently have $996,855.00 in assets. Our investment accounts are at $575,673.22. Our Net Worth is $690,272.92, up from $678,032.86 in August (1.8% increase)
It’s now almost mid-October, so I’m just going to combine September and October’s numbers. Nothing interesting has happened on paying down debt – most of our money has gone to the deck and retirement accounts. We’re on track to pay off our RAV in December, then we may or may not pay down the Camry faster – probably not.
I’m likely to build up a good sized emergency fund (6 months) next. We only have about two months available right now, so I’d like to build that up. We can survive on one salary, and we have access to our taxable and a good bit of our Roth funds, so I’m not concerned, but I’d like a little more cushion. Once you’re done paying down debt, there’s a lot more choices of what to do with your money, so I’m having a hard time deciding what exactly to do with it!
Debt (in the order we’re paying it down):
- Car loan – RAV4 (0%): $1,794.66 (-1,794.66)
- Car loan 2 – Camry (0%): $19,768.50 (-878.60)
- Mortgage (3.875%): $285,048.92 (-1,004.48)
Total paid off in August and September: $3,677.74