Friday, January 13, 2012

January 2012: $21,875 (+$4,154)

Bank accounts$20,273
Mutual funds$48,700
Pension savings$3,757
Student loan$–50,856
Net worth$21,875
Burn rate1,59 years

Another good month, although I had some large expenses (including paying for a holiday trip). Next month I will start paying down my student loan. It is a $51,000 loan with a fixed 3.36 % interest. The payments will be $900/quarter = $300/month. Slightly more than half of this will be principal payments.

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