(-0.29% Month / +25.92% YTD) June 2009 Networth
June Highlights
- We had some significant decreases in our cash accounts for the month which contributed to the majority of our decrease in networth. The reason for the decreases in our cash accounts is because we had to pay off the credit card for the work on our backyard. Now that the backyard is done, [...]
Financial Ratios Part II: Debt Ratios
Debt Ratios can help determine what percent of assets are offset by debt and whether or not you can meet your current and long-term debt obligations.
Debt Ratio = Total Liabilities / Total Assets
The debt ratio tells you what percentage of your assets is financed with borrowed money. For example, if the only asset you owned [...]
May 2009 Spending Report
It was another pretty standard month when it came to the budget and spending. After looking at the spending breakdown I realized that we are only living off of 18% of our monthly gross income. I guess with all things considered that is pretty good. I have never really looked or thought about it that [...]
May 2009 Financial Ratios
Another month past with no complaints here…
Month’s Living Expenses Covered Ratio: On goal that we would like to focus on over the next 3-6 months is getting our MLECR over 12 months. Although I’ve only got our goal (recommended) at 3-6 months we have decided that since we’ll be buying a bigger car in the [...]
(+0.42% Month / +26.28% YTD) May 2009 Networth
May has come and gone and another month has past of minimal growth to the networth…
May Highlights
- We had about a $2,000 decrease in our savings account this month because we needed a little more cash to finish the backyard. This should be the last time that we’ll need to dip into savings for a [...]
(+3.65% Month / +25.76% YTD) April 2009 Networth
April Highlights
- Finally the financial markets have decided to give back a little of the massive losses we have been suffering over the past year. It was nice to have a second month in a row of increases in our equity accounts. I may be a pessimist, but I don’t think we are quite out [...]
March 2009 Financial Ratios
Another month past and our ratios are right in line with where we’d like them.
MTD% Networth Growth – FINALLY!!! It’s been quite a while since we’ve seen an increase in our retirement/equity accounts. Although the growth isn’t near what we’ve lost, we did see some increases this month. Who knows if we have hit bottom [...]
December 2008 Financial Ratios
The year has ended and we have finished off the year right where we wanted. We own a home and we saw some significant growth to our Networth….a big part of that due to owning a home.
The ratios don’t show it (and I plan on adding it next year), but our total networth growth for [...]
Financial Ratios Part I: Liquidity Ratios
Liquidity Ratios can help determine whether or not you have enough current assets to pay for a large, unexpected expense, or enough money too tie you over in case of a period of reduced or eliminated income.
Current Ratio = Current (liquid) Assets / Current Liabilities
The current ratio tells you how many times over you could [...]
November 2008 Financial Ratios
No complaints here. It was another great month financially. The ratios speak for themselves, but here are some items I noticed.
SAVINGS RATIO: I have been debating wheter or not to include the money we put in our Health Savings Account into our savings category, but then I looked at the name again and decided it [...]
