As of September 3, 2012, we are $491,047.38 in debt (that includes the mortgage). Without the mortgage, we’re at $62,127.97 in debt. This includes credit cards, student loans, lines of credit and an auto loan. We currently have $841,661.80 in assets (including our house). Our retirement accounts are at $214,280.31. This doesn’t include my August paycheck deduction or match – that doesn’t get deposited until the 15th of the month.
This month was a comedy of errors and several visits from Murphy. Dad’s check engine light came on, and we ended up replacing an O2 sensor in his car. We had to pay the lawyer for our wills, and we had to have some pretty major work done to our chimney to make it safe to burn fires this winter. The earthquake and tropical storm last year must’ve done a number on the chimney – we had to replace the top 2 sets of ceramic tiles and the bricks surrounding it. But we have it cleaned and inspected every summer around August during the chimney sweep’s “off-season”. We had it cleaned before the fun last summer, and so I’m glad we didn’t have to use it a lot – could’ve been dangerous 🙁
Basically, one of dad’s paychecks plus some of our emergency fund was spent on Murphy’s visits. So September’s “extra” paycheck is going to rebuilding the emergency fund rather than paying off debt.
Debt (in the order we’re paying it down):
- Line of credit (8.75%): $12,982.56 (-753.50)
- Student loans (aggregated 5.52%): $14,754.49 (-159.19)
- Chase (4.99% for life): $6,985.13 (-70.69)
- Car loan (0%): $27,405.79 (-490.00)
- Mortgage (4.125%): $428,919.41 (-620.36)
Total paid off in August: $2,093.74