Weekly Update: Starting Out

In order to keep track of my expenses, I’m going to start doing a weekly summary of my finances; this way, I can get a better handle on my money situation. Plus, I like to plot out numbers!

Savings

PNC (Checking Account) $ 34
Susquehanna (CD) $ 2542
ING Direct (Checking) $ 1639
ING Direct (Savings) $ 1000
ING Direct (Orange CD) $ 1012
HSBC Direct (Savings) $ 222
Smarty Pig (Savings) $ 2191
Vanguard (Money Market) $ 1100

Total Savings $ 9740

Investments

Vanguard (Roth IRA) $ 6387
– Small Cap Index (NAESX) $ 3741
– High Dividend Yield (VHDYX) $ 2646

Share builder (ETFs) $ 2535
– Total US Market (TMW) $ 764
– Extended Market (VXF) $ 789
– Total Foreign (VEU) $ 482
– Small Cap Value (VBR) $ 238
– Emerging Markets (VWO) $ 262

Total Investments $ 8922

Total Assets $ 18,662

Credit Cards

MasterCard (JCPenney) $ 0
American Express ($ 1141)

Student Loans ($ 11,929)

Total Debts ($ 13,070)

Net Worth $ 5592

I’m in somewhat better shape than I had thought; although, given how much of my current net worth is tied up in investments, especially for retirement, it could be tougher to make ends meet in the near future. At least I have a better idea of my current financial situation; that’s the first step to adjusting my spending to get myself into a better place monetarily.

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