*UPDATE* in March Net Worth

*UPDATE* March 18, 2008 Net Worth.

Total Assets: $12,802
Total Debts: -$24,396
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Net Worth: -$11,594


NetWorthIQ Click here to see full details.

Got my refund tax, some PELL grant from school and opened a new school loan for this semester. Overall, a huge gain in my net worth. I paid off all store credit cards except for Best Buy, but I'll have that paid off this month. Going to be opening up more investments this month and I still have some pending checks out there. For my April monthly net worth update, I will break the -$10,000 barrier and I'll be closer than ever! My original goal to get to break even net worth is January 1, 2009. I'm almost there!!!

Laptop Decision

I recently sold my HP laptop and now I'm trying to decide on which laptop I should get. I have a couple of options and my original plan was to buy a "budget" laptop that was a little bit faster than the one I just sold. I was looking at the Dell Vostro 1400 and 1500 which will cost around the $700 range. I sold my old laptop for $500 so I'm looking at $200 out of pocket. HP has some good deals on their new laptops and I can spend around $1,000, $500 more and I can get a 17in wide screen or a 12in tablet laptop which will have all the bells and whistles. My dilemma is choosing between budget and top of the line.

I know I am trying to save money and just buy what I "need" however I know that when you go cheap on computer parts, it will haunt you in the end and I'll just end up unhappy and with a slower laptop. I've been researching laptops for the past couple of days now and I got all the way to the checkout area but I couldn't pull the trigger and order it all the way. I guess I'll just sleep on it and not make any impulse decisions. $700 - $500(HP I sold) = $200 VS. $1000 - $500 = $500

Is the $300 worth it to have top of the line and will last me a good year or two?

2 Credit Cards Paid Off - More to come

So I received my tax refund check and I was able to pay off 2 of my credit cards. One had a balance of $400 and the other card was $467. I'm still debating if I should pay off all my other credit cards with a balance of $500 or less which I have 2 cards in that range. I'm going to have to put my paid off cards away so I can only use them in emergency cases. It's really hard not to spend money when you know you have credit cards with $0 balances on them. I'm going to have to keep them hidden and not splurge and buy new gadgets.

My April net worth update should be great!!!

Net worth as of March 1, 2008

Here is my monthly Net Worth update.

Total Assets: $7,696
Total Debts: -$23,052
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Net Worth: -$15,356


NetWorthIQ Click here to see full details.

I'm slowly making progress on paying down my debt. I'm still deciding on what to do with my tax refund for this year. I have to use it wisely.