Net Worth - May

Networth May 2006
Here is the new net worth. There have been some improvements in the reduction of CC debt — though more minimal than I’d like and influx of cash in hand and accounts. The partner had a sale to liquidate some machines and made a couple thousand in an afternoon. There are more machines that need sold and hopefully we’ll have some more cash on hand for the impending closing costs.

One thing I noticed is that I’ve left off the cash row in assets. This is because I don’t ever have cash but I forgot that the partner does. So, cash reserves have gone up about $1,500 because we’re not putting it into the bank due to impending home purchase. Instead, it is functioning as an at home atm — when money comes out of the envelope, money is transferred from checking to savings.

Leave a Reply