Entering the second month of the year, the new decade is officially underway. It’s time to peek into my bank accounts and investments to see how I’m doing so far. But first, I should take a quick look at the goals and resolutions I set for myself this year.
The first goal is to maintain a six-figure income outside of my day job. According to Quicken, I earned over $11,000 this month from various sources not including the work I do from 9:00 to 5:00 or so each day. This month’s income was likely higher than it will be on average for the rest of the year unless I make some significant changes to my life and some progress on new projects. For now, it looks like I’m on track to reach this goal.
My next goal is to maximize my 401(k) investment, and that hasn’t presented a problem so far this year. My non-financial goals are presenting a problem, however. I haven’t made much progress in my attempt to get into shape and I haven’t reached the point where my apartment is consistently in a presentable appearance.
Here is my net worth report. I post this every month to keep myself accountable. The bottom line is down this month, mostly due to estimated taxes paid and a lack of growth in my investments. Although I surpassed $300,000 at the end of 2009, I’m back below that mark for January.
Continue reading to see the numbers.
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Personal Balance Sheet, January 2010
