GI Jane Finances

July 8, 2010

Networth update

Filed under: Uncategorized — gijanefinances @ 10:03 pm

Savings: $10,707

House down-payment: $8303

Roth: $43,943

TSP: $54,631

Checking: $3199

Grand total: $120,784

Paid $540 to replace the water heater in my rental.  Paid $1048 extra on the rental mortgage.  The principal balance is $106,144.  My friend still owes me $300 for our Seoul trip.  The end of year total for my house down- payment fund $12,629.47.  If I continue the same savings program, I will have saved $59,903 for a house by 2016 (did not count dividends/interest).  After researching for my dream San Antonio house online, I need to increase the amount.  I will top off my emergency savings at $10,000.  I will then pour the $500 in the house down-payment fund.  The houses that caught my eye were in the $250,000 to $300,000 range.  The property taxes were a b!tch, though.  I want to pay for at least 50-70% down on my next house without counting on the proceeds from my rental.  In 2016-7 , my rental should be worth $200,000.  It seems so far away.  I can’t wait to check out my blog archive then and see if I over or underestimated my plans.

Cheers,

GI Jane

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