On the surface it looks pretty bad due to DH's sudden unemployment and decision to go back to school full-time (add $4500 in student loans plus many miscellaneous expenses). Plus we bought a new car ($5k cash and a new $8k in financing). So our overall savings went down by a few thousand.
However, we did put the max in our IRAs ($4k both) plus DH just opened a Sharebuilder account with $2k. And I paid down both of our student loans by about $4k.
I guess it comes out as a wash, more or less. But the fact that we did it on one income makes me feel a little better
I had the first half of the year off after ds2 was born, and DH had the second half off after losing his job.