January saw a sight dip in Net Worth primarily due to market decline that negatively impacted my retirement account and an adjustment to the trade-in value on my car. The decline in asset value was slightly offset with an increase to my after-tax savings percentage to 15% (maximum ESPP contribution rate allowed). I am going to give this higher amount a try for the quarter to see how the revised budget and decreased cash flow works out.
There was no snowball in January as I paid off two loans December and I paid off all Christmas shopping in full this month. Overall, not too shabby. My debt decreased and I am looking forward to 2016!