April numbers: Personal: Gross monthly W2 pay: $5,375 Net monthly W2 pay: $3,616 Total credit card debt: $22,612 (-3,260) Total other non-mortgage debt: $11,420 (+1,384) Total mortgage debt: $154,353 (-$835) Cash/cash equivalents: $5,564 (+837) Total retirement savings: $128,401 (+$10,010) Non-Equity… Continue Reading
October numbers: Personal: Gross monthly W2 pay: $5,375 (see below) Net monthly W2 pay: $3,387 (see below) Total credit card debt: $22,647 (-$1,143) Total other non-mortgage debt: $16,071 (+$6,165) Total mortgage debt: $149,104 (+$6,750) Cash/cash equivalents: $12,785 (-$97) Total retirement… Continue Reading
September numbers: Personal: Gross monthly W2 pay: $5,375 (+$542) Net monthly W2 pay: $3,387 (+$59) Total credit card debt: $23,790 (-$1,613) Total other non-mortgage debt: $9,906 (+3,624) Total mortgage debt: $142,354 (-$741) Cash/cash equivalents: $12,882 (-$768) Total retirement savings: $153,148… Continue Reading
August numbers: Personal: Gross monthly W2 pay: $4,833 (no change from prior month) Net monthly W2 pay: $3,328 (no change from prior month) Total credit card debt: $25,403 (+$3,843) Total other non-mortgage debt: $6,282 (+$3,043) Total mortgage debt: $143,095 (+$32,768)… Continue Reading
In working on a possible next real estate deal my realtor urged me to begin incorporating my property equity into my net worth. I had resisted doing that, but I was able to talk myself into it by including the… Continue Reading
I ran across this article today, and it paints a possibly grim picture of the future: Baby Boomers Could Spur a Housing Bust Now, I have two responses to this. The first is kind of reassuring – never forget that… Continue Reading