NinjaPigeon - My Flight to Financial Independence

Friday, March 17, 2006

In the black!

As of this morning, I am very pleased to say that I have a postive net worth of $1325.71, compared to a negative of $11994.83 at the end of 2005 and a negative of $38110.76 at the end of 2004. My contracting job has really helped me make strong gains for the first quarter this year, as I'm getting some overtime.

I won't be able to sustain my current savings amount for too much longer, but I'm hoping to keep up with the percentage of savings after I convert to a permanent position. Of my gross earnings this year, I have put 35.46% into savings, paid 34.09% to taxes and other deductions, and have lived off 30.45%.

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