I'm up 20% for the year so far--partly due to increases in my retirement accounts and partly due to the fact that my home is still appreciating (I'm lucky to live in an area where the housing bust hasn't hit quite as hard.)

To celebrate, I made an extra $300 payment towards my mortgage, bringing it under $90,000 for the first time.

Nice to see progress

July 8: kayaking trip, $15
lunch, 7.90 + ice cream, 3.29
(all unnec)

July 9: grocery, 31.30

July 10-12: no spend days

July 13: 20.29 household
2.92 iced cappucino (unnec)
52.86 grocery

July 14: gas: 31.72, grocery: 28.44, household (flower baskets on sale, unnec, replacement fan for one that broke, 20% off): 52.98


Total weekly spending: 214.98
proportion unnecessary/"fun": 13.5%

A little bit over my 10% "fun" limit, but if I recategorize the flowers for the front as household rather than a pure "fun" expense, I'm still under 10% frivolous expenses.

Flowers are frivolous, but they also feed the soul!

I'm up 15.5% so far for the year according to the updates I do on NetworthIQ.com.

The biggest source of the increase is (presumed) home valuation, as judged by zillow.com. The area where I live has *not* been enduring the nationwide housing slump--things are definitely slower than they were in 2005, but still expanding. My retirement accounts are also up 5.5%, and my emergency fund, which I'd pretty much decimated last fall with all of Henry's medical problems is back up to over $4200.

Net Worth 12/31/06 $153,979
Net Worth 3/31/07 $169.871
Difference $15,892

Looks great, but most of the increase is from the estimate of my house's price on Zillow.com, which took a big hit a few months ago and is just rebounding.

Retirement accounts are up $1743, of which $180 is my contribution and the rest is interest.

Retirement contributions are low because I have been focusing on rebuilding my emergency savings, which I wiped out when Henry had his surgery last October. That is now up to $2213, an increase of $1478 over the end of last year.

Debts are down $1416--$1000 of that being loan forgiveness from my mom, which I'll take.

I downloaded the TaxAct program (basic) for free from their website and used it and the information from my December paychecks and statements to run-through a draft of my 2006 taxes. Looks like I'll be getting about $1450 back, which will make a nice boost to the Emergency Fund (which desperately needs it).

I also made a last-minute donation to one of my favorite charities, Co-Op America. They actively support sustainable and socially just businesses, and I think that making in-roads on the environment and social justice concerns by supporting corporations that act in favorable ways is a tremendously smart move. Until midnight tonight, Co-Op America has a donor grant that will MATCH any contribution you make, making your gift twice as effective. (Of course, that doubles the money that Co-Op America gets, NOT the amount you can deduct on your taxes.) But since this is one of the groups that I most consistently support, I made an extra $30 contribution (I'll get $13 of it back when I file my taxes, according to the calculations I did with TaxAct.)

Other than that, today has been a "no spend" day--in fact, other than taking the dog for a short walk, it wasn't even a "leave the house" day.

The picture shows a big drop in the last month, but that's due to my home value. I use the zillow.com appraisal in order to use a consistent methodology, and that sometimes has big changes without clear rhyme or reason. It shows my home value plummeting 10% this month, while my boyfriend's house mysteriously rises over 200% in value! If you follow the zillow prices over time, you see that there are occasional odd blips, and the thing to do is to look at the overall trends. So I can't know whether these changes are temporary blips or part of a more enduring pattern. Also, my town was awarded a casino license Dec. 20th, which will surely impact housing prices, and I doubt the zillow data incorporates any of that impact yet. I didn't want the casino but I'm still praying that the impact on property values (and quality of life) is for the better.

Probably a better comparison than the changes over the past 6 months is a comparison with my end of 2005 data.

Net Worth 12/31/2005, 149,279

Net Worth 12/31/2006, 153,979

Change: +3%--This is due to a 2% increase in assets (mostly retirement funds) and a 1% decrease in liabilities (mostly mortgage).

Taking the year-long view, 2006 wasn't a great year but at least my net worth still rose.

Paycheck came today and I immediately transferred $1000 to pay off some of the accrued credit card debt. That still leaves about $370 left to pay on the CC, but the latest car repair expense hasn't yet been posted, nor have I done my holiday shopping (limited tho that will be), so I'll pay the rest of the CC off after Christmas. That still will leave $1000 that I owe my mom that I was supposed to pay off by year's end--but (with her permission), I'm delaying that another month, given the $955 worth of unexpected car repair and veterinary expenses this month.

Finally did the last of the end-of-semester chores today so I am officially closing my books on the Fall semester. Relieved to be done. Mostly tired and not very much in the holiday/celebratory spirit. Not trying to be, either. I live in the "Christmas City" and maybe I'll take a walk downtown tomorrow and try and feel a little "holidayish." But we also learned today that we got one of the state's coveted slots licenses, so that the casino will indeed be built on the old steel mill, and for me, that's definitely NOT cause for celebrating--I worry about the crime and traffic that will soon begin to befoul my beloved historical city.

Well, the goal in moving $1000 out of my ING account back into my checking account over the weekend was to pay off the credit card bill. But not quite. First there was the $150 in emergency car repairs on Friday that got added to the credit card bill. Then I forgot about last weekend's $95 gym fee...by paying $95 once up front, my monthly fee is reduced to $19 for life--something I should be able to afford regardless. Doesn't save me much the first year but is a good deal thereafter, and Gold's Gym has been around long enough that I'm not worried that they're going to fold anytime soon. Then there were my two impulse buys: $113 on two accounting textbooks for a class that is required at one school but not at another. I'm working on an accounting certificate through the community college (generally cheaper) but can take a class through the college where I work this term, so I thought I'd familiarize myself with the material from the prerequisite class at my college that's missing from the community college curriculum. The "real" impulse purchase was a pair of speakers for my mp3 player that I got on sale for $37 including S&H (retail price $99). So with all of that extra spending and the $800 payment, the credit card bill is now down to $380. I also owe my mom $1000 to be paid this month. Things will be tight but I think I can squeeze $1380 out of my Dec 20th paycheck and be out of debt (late edit: other than the mortgage) by year's end. That's the plan, anyhow.

I started keeping track of my net worth on NetworthIQ around the same time as I started keeping this blog. It's good to see that things are moving in a positive direction. Increases are mostly a result of increases in the estimated worth of my house (I use Zillow.com for the estimate for my house, and also Kelly blue book for an estimate on the worth of my car) and the rising value of my retirement accounts, since what with the unexpected $5000 in veterinary expenses I've had over the past few months, I've actually spent a little more than I've brought in in income during the past 5 months.