Paul’s Net Worth – August 2012 – $276,981

Highlights from last month.

• Cash is down in a big way this month. I’ll admit I didn’t track very well so I really don’t know where it all went. Some if it was paying off the credit card charges on our June vacation, but that wasn’t even close to being all of it. I’ll have to do a cash flow analysis this month, like I should have been doing the past few months, to find out.
• Debt is down across the board. I love it when our liabilities are all green for the month. Hopefully this trend continues, but credit card utilization fluctuates month to month so that will be red from time to time.
• Zillow is again telling me that my home value has dropped. Nothing else really to say.
• Credit card debt is down as predicted, but is still high due to us paying for our next trip in November. I would like to see this drop again next month.
• I am happily watching my mortgage drop by a lot every month since I refinanced last year. At it’s current pace it’s dropping over $1k every 3 months. I’m so glad I went to a 20 year term, the principal just drops.