Getting out of the rat race

This blog will serve as a tracking of my path towards financial success.

Monday, December 18, 2006

The Big Picture

Assets: 51.983 months of income

Liabilities: 36.723 months of income

Net Worth: 15.26 mths worth of income (Assets minus liabilities)

Immediate Goals:
Assets: I have given the goal of building up a cash reserve equal to 6 months living expenses
Liabilities: I have given the goal of eliminating credit card debt, starting with my USAA Credit Card.
Big Picture goal: To build up my networth to a value of greater than 30 months worth of income by then end of 2009.

Until next time,
Thor

Edit: Decided to replace account values with amount as a representation of monthly income.

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