February was by far the best month I’ve had since I’ve been publicly tracking my net worth here at Llamamoney.com.  For this, my 5th monthly net worth update, every single category looks fantastic.  For a spreadsheet view of my month, click on the thumbnail to your left.

Liquid Assets

This is the area of greatest improvement – a 564% improvement over last month.  In hard dollars, that’s more than a $12,000 jump in a single month.  Granted, a large portion of that was thanks to my much larger-than-expected tax refund.  However, this just goes to show you the power of not fritting away your tax refund on junk that you don’t need.  A credit card rewards check also contributed to my liquid assets improving so dramatically vs January.  You can also see that my credit card debt is decreasing at the same time.

My Cars

Nothing surprising here… a small 1% improvement in my equity ( really my inequity ) position.  In a few more months, I plan on increasing my car payments to get this situation resolved.  I’d like to have the ability to sell one car at the drop of a hat if needed, without worrying about stroking a large check to cover the negative equity.  Also, the interest I earn on my money market account is no longer roughly equal to the interest I pay on the car notes.

My House

A 1% increase in home equity, to a total of $17,366.99.  At least that’s according to my VA appraisal from when I purchased my home.  Zillow is still in la-la land, and values my home at a record low of $186,000.  Compared to Zillow’s estimates for similar homes in my area, they are delusional about my home.

Retirement

After a tough January, my retirement accounts all rebounded, and ended 5% higher for a new record high of $9903.92.  Just a few more solid months and I’ll crack $10,000 in retirement savings.  That’s not a whole lot of money, but it is a decent start for a young couple.

Overall

When all the numbers come together, I posted a stunning 74% net worth increase over January.  In hard dollar, my net worth increased by $12,838, for a grand total of $30,277.27.  Things are looking up indeed.  In fact, I’m now well on my way to hitting my net worth goal for 2008 – $45,000.  I have to improve by another $15,000 in the remaining 10 months of the year – that’s $1,500 per month.  Difficult, yes – but I’m committed.  I just have to keep repeating – save, invest, save, invest.