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So here is my first stab at my balance sheet. Not looking extremely promising to start out, but I have to start somewhere. I’m not too concerned about my mortgages, perhaps knocking down the interest rate once I get it figured out more - but the monthly payments like I said aren’t too bad for putting nothing down. Also with the nothing down I’m paying 99% interest with each payment, so I should see a few $ back come tax time.

1. The credit card debt is paid off each month, so I don’t carry that debt - Payday isn’t till next Friday, and I like to have a few extra $ in the bank and the cc payment isn’t due until the 16th, so I have time. Diapers are expensive.

2. I wouldn’t say the vehicles are “assets” necessarily, are they? I suppose I COULD sell them, but I own them both and I need them to haul the kids around - A post will be coming shortly on the never-ending allure of getting a new vehicle…

3. Not sure on the wifes Student Loan yet either - I think it is around 8k, but I’m not sure of the interest rate - my loans are locked in at 3.5% so I don’t worry about them too much.

4. So the next step is going to be breaking down each of these numbers and showing what I have in each of the investments, what funds, cash, stocks I have in each…

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