This is coming a little late, but here it is. Sometimes when I think about our finances, I can get down and feel like we aren't saving enough, but doing these net worth updates really helps me keep my eye on the big picture each month! Find our previous net worth updates here.
Assets
Savings: -267.36 We had some unforeseen expenses, so this took a little hit. Hoping to add more to it with our tax refund.
Retirement Accounts: +3699.20 Up a decent amount. Not as much as last month, but I've learned that any month in the positives is a good feeling for me!
Liabilities
Mortgage: –240.21 We just keep chipping away at this one!
Total Change in Net Worth +3672.05 A good month all in all!
Showing posts with label net worth. Show all posts
Showing posts with label net worth. Show all posts
Wednesday, March 7, 2012
Wednesday, February 1, 2012
Net Worth Update: January 2012
I can't believe it's already time for this! Find our previous net worth updates here.
Assets
Savings: +231.46 We took a little money out of our vacation savings account to put a deposit down on a beach home we're going to this spring, so savings didn't go up as much as usual.
Retirement Accounts: +5855.60 Hooray for gains in both our accounts! I'm glad 2012 is starting out this way, and hope it keeps going up up up!
Liabilities
Mortgage: –430.78 I learned my lesson last month and remembered to write down our balance on our mortgage, so this is the right amount.
Total Change in Net Worth +6517.84 A fantastic way to start off the year!
Assets
Savings: +231.46 We took a little money out of our vacation savings account to put a deposit down on a beach home we're going to this spring, so savings didn't go up as much as usual.
Retirement Accounts: +5855.60 Hooray for gains in both our accounts! I'm glad 2012 is starting out this way, and hope it keeps going up up up!
Liabilities
Mortgage: –430.78 I learned my lesson last month and remembered to write down our balance on our mortgage, so this is the right amount.
Total Change in Net Worth +6517.84 A fantastic way to start off the year!
Tuesday, January 3, 2012
Net Worth Update: December 2012
The end of the month that ends the year, and it's time for another update on our net worth!
Assets
Savings: +732.20 Just a normal month here. Glad we were able to dump some money into savings because we had some travel for the holidays, and Christmas always seems to cost a little more than we plan for!
Retirement Accounts: +95.24 Our gains in our 401K pretty much covered our losses in our traditional IRA, so we're just about even for the month.
Liabilities
Mortgage: –70.86 So this number isn't complete, because I didn't write down our mortgage balance when our slip came in the mail, and I can't access that info online. This is how much we paid off on our home improvement loan, which I always just keep together with our mortgage for simplicity's sake. So we actually paid off a little more than this, but I don't know how much! Whoops!
Total Change in Net Worth +898.30 It was great to end the year with a positive gain, especially considering how many swings we saw last year. Here's to a positive 2012!
Assets
Savings: +732.20 Just a normal month here. Glad we were able to dump some money into savings because we had some travel for the holidays, and Christmas always seems to cost a little more than we plan for!
Retirement Accounts: +95.24 Our gains in our 401K pretty much covered our losses in our traditional IRA, so we're just about even for the month.
Liabilities
Mortgage: –70.86 So this number isn't complete, because I didn't write down our mortgage balance when our slip came in the mail, and I can't access that info online. This is how much we paid off on our home improvement loan, which I always just keep together with our mortgage for simplicity's sake. So we actually paid off a little more than this, but I don't know how much! Whoops!
Total Change in Net Worth +898.30 It was great to end the year with a positive gain, especially considering how many swings we saw last year. Here's to a positive 2012!
Thursday, December 1, 2011
Net Worth Update: November 2011
It's the end of the month, so it's time for my net worth update. Already? Did the month of November fly by or what? It was a crazy last day of the month, with the Dow Jones gaining 490 points yesterday. I'll be happy when all this EU debt crisis business is over, and things get back to normal. That is, whatever the new normal is. But all in all, any month we're not losing is a good month, I guess! Here are the numbers:
Assets
Savings: +1,731.36 Yay! Unlike last month, we were able to put a little extra into savings.
Retirement Accounts: –1158.98 I'm actually glad this number wasn't more. With all the ups and downs with the market lately, not losing is what I've come to expect.
Liabilities
Mortgage: –257.50 Same as ever, just plugging away month after month. We finally contacted a local mortgage company about refinancing to a 15 year loan. It's in progress.
Total Change in Net Worth: +830.08 At least it's up. And I would much rather have steady smaller gains than huge gains and huge losses. Yay!
Assets
Savings: +1,731.36 Yay! Unlike last month, we were able to put a little extra into savings.
Retirement Accounts: –1158.98 I'm actually glad this number wasn't more. With all the ups and downs with the market lately, not losing is what I've come to expect.
Liabilities
Mortgage: –257.50 Same as ever, just plugging away month after month. We finally contacted a local mortgage company about refinancing to a 15 year loan. It's in progress.
Total Change in Net Worth: +830.08 At least it's up. And I would much rather have steady smaller gains than huge gains and huge losses. Yay!
Tuesday, November 1, 2011
Net Worth Update: October 2011
This month was a lot better on us than last month. Even though we had to dig pretty deep into our savings account because of some unforeseen expenses, we still came out positive because of our retirement accounts. And I'm really glad we have a savings account we can turn to rather than racking up more credit card debt. I'm going to try to dump a little more into savings in the next few months to make up for what we had to take out.
Assets
Savings: –2267.39 Ugh. Like I said, we had to dig pretty deep. But I need to sit down and set a goal for how quickly to get it ack up again. All in good time.
Retirement Accounts: +8119.21 Hooray! It's so much nicer to see that number go up rather than down. But I'm not too sure we won't have months of big losses to come.
Liabilities
Mortgage: –239.36 Just plugging away month after month. We're planning on refinancing at some point, but haven't made any progress on that just yet.
Total Change in Net Worth: +6091.98 A positive change, even with the huge withdrawal from savings! Yay!
Assets
Savings: –2267.39 Ugh. Like I said, we had to dig pretty deep. But I need to sit down and set a goal for how quickly to get it ack up again. All in good time.
Retirement Accounts: +8119.21 Hooray! It's so much nicer to see that number go up rather than down. But I'm not too sure we won't have months of big losses to come.
Liabilities
Mortgage: –239.36 Just plugging away month after month. We're planning on refinancing at some point, but haven't made any progress on that just yet.
Total Change in Net Worth: +6091.98 A positive change, even with the huge withdrawal from savings! Yay!
Sunday, October 2, 2011
Net Worth Update: September 2011
Well, it's the end of another month, which means it's time to update my net worth. Which isn't a whole lot of fun when your net worth continues to go down.
Assets
Savings: –$257.88 We bought a new chair for our living room, and took some of the money out of savings for this, so our total went down.
Retirement Accounts: –$6585.45 Ouch.
Liabilities
Mortgage: –$243.43 I need to figure out why our mortgage principal goes down more some months than others. You'd think the smaller the principal owed the more it would go down, but it went down $200 more last month than this month. I'm confused about that. Maybe it has to do with payment dates?
Total Change in Net Worth: –$6609.10 Yuck. Sometimes I wish I didn't have to update this! Hopefully next month the stock market will treat us a little better.
Assets
Savings: –$257.88 We bought a new chair for our living room, and took some of the money out of savings for this, so our total went down.
Retirement Accounts: –$6585.45 Ouch.
Liabilities
Mortgage: –$243.43 I need to figure out why our mortgage principal goes down more some months than others. You'd think the smaller the principal owed the more it would go down, but it went down $200 more last month than this month. I'm confused about that. Maybe it has to do with payment dates?
Total Change in Net Worth: –$6609.10 Yuck. Sometimes I wish I didn't have to update this! Hopefully next month the stock market will treat us a little better.
Friday, September 2, 2011
Finance Fridays: Net Worth for August
There are lots of different ways to keep track of your net worth. Some people include cars or other assets, but since our cars are paid off, I just keep them out of net worth calculations for simplicity’s sake. Here's hoping that next month, we'll be in the positive! Have a great weekend!
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