|Updated 5/31/08||Change from Previous Update||Updated 4/29/08|
|Total Net Worth||$104,853.72||$4,777.40||$100,076.32|
|Net Worth Comprised of|
|House Down Payment/CD's:||$57,244.83||$163.70||$57,081.13|
|Future Car Savings||$5,300.72||$5,100.45||$200.27|
|Emergency Fund/Money Market:||$11,207.28||-$3,738.37||$14,945.65|
I'm less than $150 away from my goal net worth for 2008 and the year is only half way over. YAY! This means I need to reevaluate my net worth goal. I have increased my net worth goal to $127,000. I came up with this number based upon my current net worth plus what I anticipate contributing to retirement via my 401k and Roth IRA ($10,250), plus what I anticipate receiving as a bonus after taxes from the project I just completed ($10,000), plus my monthly car savings for the next 6 months ($900), and then I added saving an extra $100/month and rounded up.
I think this new goal is definitely achievable but I will have to push myself to achieve it because it extends beyond my automatic savings.