Net Worth as of December 2, 2007

Here is my monthly Net Worth update.

Total Assets: $5,629
Total Debts: -$22,440
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Net Worth: -$16,811

Difference from last month: -$371
Percentage Difference: -2.26%

NetWorthIQ Click here to see full details.


It's hard to stay on your financial track with the Christmas holidays around the corner and with Black Friday sales after Thanksgiving. I'm pretty much done with all my Christmas shopping. I will slowly climb out of the negative net worth column and slowly accumulate wealth. I have a couple of ideas in the works and currently planning to have a productive 2008. Enjoy the holidays and look forward to more updates to this site. Bookmark and tell a friend!

Net worth as of November 4, 2007

Here is my monthly Net Worth update.

Total Assets: $5,798
Total Debts: -$22,238
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Net Worth: -$16,440

NetWorthIQ Click here to see full details.

Sorry for the lack of updates the past 2 months. I was let go from my temp job back in August and I started my new job in September. I didn't get my first paycheck until mid October so I had to use up my emergency funds and also I did have to resort to credit cards to get by. I am back to a regular paycheck so things should get better. I did get carried away with 1 credit card however my Providian card had a balance of over $4,300 just a year or two ago and now it's down to $800. I've been paying about $400 a month towards this card and I have 2 months to go. Slowly but surely that credit card will go away.

Net Worth as of July 2, 2007

Here is my monthly Net Worth update.

Total Assets: $5,190
Total Debts: -$21,810
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Net Worth: -$16,620

Difference from last month: $1,206
Percentage Difference: 6.77%

NetWorthIQ Click here to see full details.

Another great month of debt reduction and gaining more net worth. At the rate I'm currently at, I have about 16 more months before I reach 0 and get a fresh new start. I've been keeping the same spending and saving habits since Nov 06 and my finances have been steadily improving. If you don't know your exact net worth, then there's no room for progress and you'll never know where you stand.

Net Worth as of June 2, 2007

Here is my monthly Net Worth update.

Total Assets: $4,843
Total Debts: -$22,669
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Net Worth: -$17,826

Difference from last month: $1,256
Percentage Difference: 6.58%

NetWorthIQ Click here to see full details.

Wow, what a great month! $1,256 difference from last month and I thought I was spending more than I was saving. Just hacking away at my debt slowly but surely. I remember back in December when I was -$23k in the hole, now 6 months later, $6,000 down and only $17k left to go. At this rate, 17 more months of having the same spending and saving habits, I should be debt free. I really believe that this blog has helped me save because it gives me a clear path on my goal and I'm not "guestimating" how much I spend and save each month. I'm really glad I've been updating my networthiq page each month because I see that my assets is going up little by little, while my liabilities is going down.

On another note one of my former employers MSW is currently getting sued and I sent in my paperwork for the class action lawsuit. Hopefully I can get a couple of thousand from this lawsuit and it will all go towards my debt. Last year my other former employee T-Mobile got sued and I got around $1,200.

Half way through the year and...so far, so good.

May Net Worth

Here is my 1st of the month Net Worth update.

Total Assets: $4,313
Total Debts: -$23,395
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Net Worth: -$19,082

Difference from last month: $693
Percentage Difference: 3.50%

NetWorthIQ Click here to see full details.

Just under $700 taken off this month. Not bad, as long as I get closer to 0, I'm happy with that.