$60,000 in Debt: Month 22

Monday, March 7, 2016

I'm worth more than $0 today!

This month was a huge (and simultaneously depressing) milestone.  I crossed the $0 threshold of having a negative net worth into a positive net worth.  I was about $800 from hitting it in January, but because of the roller coaster ride the stock market has been on lately, my 401k had barely moved.

But in February, mainly thanks to tax returns, I'm officially worth more than $0! I still have plenty of debt, but I've manage to pay off enough while saving enough that, if I absolutely had to, I could be 100% debt free today.
If I wasn't so focused on building my down payment fund I would have put all of my tax returns towards a loan or two but I will happily take an almost reached goal of $15000 in my house fund.

One more paycheck and I should be able to cover that entirely without having to touch my emergency fund or my "base" fund (I keep a 'base' $2K in my checking account at all times so I never really have to dip into my emergency savings but I try to replenish that every month.)

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