My Debt Quest

My quest to become and stay debt free.

MyDebtQuest.com

I have been contemplating setting up a domain for MyDebtQuest for quite some time, and finally decided to bite the bullet and get it done.  I have no grandiose ideas about fame or recognition, but it does feel good to have “my own” weblog on “my own” site.

Please update your links and head over to http://www.mydebtquest.com!

Jon

August 19, 2008 Posted by | Net Worth Updates, Random Thoughts | Leave a comment

Net Worth Update – 8/9/2008

We strayed from our personal finance goals quite a bit over the last couple of months in the face of some difficult times between us.  We’re working through those issues, and we’re back to taking care of our financial health with more zeal than before.

Here is the Net Worth Update as of 8/9/2008, which I am using as a baseline for our future progress.

Debt – $52,147.96 (-)
     – Credit Cards:
          – Universal - $7,490.00 (2.15%)
          – Citi – $2,710.00 (7.74%)
          – USAA – $12,300.00 (8.90%)
     – Auto Loans
          – Toyota – $13,707.53 (7.40%)
          – Volkswagen – $11,311.96 (5.90%)
     – School Loans
          – Direct - $4,153.47 (5.9%)
     – Other Debt
          – Medical - $475.00 (0.0%)
Savings – $2,632.29
     – Emergency Fund (UFB Direct) – $654.01
     – Vacation Fund (ING Direct) – $1,301.48
     – Short Term Savings (USAA) – $500.85
     – Household Purchase Fund (USAA) – $175.95
Investments – $2,815.05
     – Edward Jones – $2,099.20
     – Prosper – $184.88
     – LendingClub – $154.54
     – USAA Brokerage – $376.43
Retirement Savings – $2,115.07
     – 401(k) – $1,787.27
     – Roth IRA – $327.80
Assets – $23,600.00
     – Toyota Scion – $12,385.00
     – VW Jetta – $11,215.00
Net Worth - $20,985.55 (-)

August 9, 2008 Posted by | Net Worth Updates, Random Thoughts | | Leave a comment

A fresh start.

It has been several months since I actually posted here.  Things in my life took several unexpected turns, and my wife and I hit quite the rough patch in our marriage.  Many issues have come between us, from entertainment to money, and we will have to put some serious time into our relationship to work through them.  Unfortunately, with the difficulties between us, the progress we made towards our financial goals took a very back burner.

In order to not lose hope, I’ve cleared the blog and all of the progress, and we’re using the same “fresh start” approach for both our relationship and our finances.  Starting this week, we have a “money date” on Sunday evenings to sit down and review our budget and our income and expenses for the week.

July 19, 2008 Posted by | Random Thoughts | | Leave a comment

   

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