The Financial Oracle

Young and inspired striving for financial freedom and all the perks that come with it, all while still having fun before I die and leave all of my hard earned money to my unborn children.

Friday, February 09, 2007

January 2007 Net Worth Update

Pretty good month overall. Cash savings was up more than expected due to ebay auctions that sold. Next month I expect the 401k to go up a bit more because two contributions will have cleared. Still waiting on my bonus to nail some of that debt because right now I'm using extra money to build the emergency savings account. T-minus 8 months until the cars are paid off...

Thursday, February 01, 2007

Ebay Update

Man I forgot what it was like using ebay cause it had been so long. I held two auctions over the past two weeks, selling my Xbox and Nintendo 64. The Nindendo was harder for me to let go of, but now it's gone and I don't miss it. I hadn't played either for a good 2-3 years, and in selling them I netted about $200, all of which I put into my emergency ING savings account. I plan on holding two more auctions. The first to sell all of my cd's (every song I own is now on my ipod) and eventually my dvd's. I want to burn them first, which requires buying a dvd burner, and then they'll be for sale. It felt really good getting paid for the things I no longer use, and the transactions couldn't have been more smooth. The money went from Paypal into ING with the click of a button, and this month I saw the emergency savings account grow a lot more than expected.