I close out each month with a net worth update, and this will also serve as my end of the year net worth update.
Net worth on 12/1/11 - $739,641
Net worth on 1/1/12 - $807,149
An increase of $67,508 in our net worth. The big jump for this month was paying off M's 401K loan. This reduced our liabilities & immediately showed up in our assets (back in our 401K portfolio), so it was a double win.
Although I wasn't blogging at the time, here's a quick look back at last year's number
Net worth on 1/1/11 - $790,988.
We're up slightly from our net worth at this same time last year, but not by much. This is due to losing A LOT in our 401K portfolios, regular investments, as well as decreases in our property value. Our net worth was as high as $940,000 in 2011, but I'm happy that we ended the year up from last year at the same time. Baby steps, in this market. :-)
Showing posts with label net worth. Show all posts
Showing posts with label net worth. Show all posts
Tuesday, January 3, 2012
Friday, December 2, 2011
Net Worth Update - December 2011
My last net worth update can be found here.
I pull all of our numbers on the first of each month & calculate our net worth. (Note that I don't count our kids college accounts, as they are 529s, and for college tuition only. Maybe I should, but I consider the accounts part of their net worth, as we will not be using them? Also, M has one very high risk investment account that I don't track. It fluctuates WILDLY, and it makes me anxious to look at the numbers, so I don't even pay attention to it. :-))
Here's where we are as of December 1st:
Liabilities:
$34,549 - M's 401K loan. (Down $1,187)
$1,043,612 - Property loans. (Down $1,953)
Assets:
$860,000 - value of primary residence (No change)
$334,000 - value of vacation residence (No change)
$435,655 - retirement accounts (Up $4,822)
$157,325 - stock options via employer (on a vesting schedule & subject to forfeiture should either of us switch employers) (Down, $3,670, as one of my grants vested & we used the money to pay for the kids college funds).
$30,821 - liquid cash (Up $3,714)
Total net worth = $739, 641. Up $7,008 from November 1st, as you can see, through a combination of slightly increased value of our 401Ks, liquid cash, decrease in liabilities offsetting a small dip in our stock options.
Do you track your net worth? Have you found it to be a helpful tool in long(er) term planning & goals? I mostly find it motivating, but we lost *a ton* of money this year in our 401Ks, so it's hard to see the number when they're trending down. It's a dose of reality that sometimes I don't want to swallow. :-)
I pull all of our numbers on the first of each month & calculate our net worth. (Note that I don't count our kids college accounts, as they are 529s, and for college tuition only. Maybe I should, but I consider the accounts part of their net worth, as we will not be using them? Also, M has one very high risk investment account that I don't track. It fluctuates WILDLY, and it makes me anxious to look at the numbers, so I don't even pay attention to it. :-))
Here's where we are as of December 1st:
Liabilities:
$34,549 - M's 401K loan. (Down $1,187)
$1,043,612 - Property loans. (Down $1,953)
Assets:
$860,000 - value of primary residence (No change)
$334,000 - value of vacation residence (No change)
$435,655 - retirement accounts (Up $4,822)
$157,325 - stock options via employer (on a vesting schedule & subject to forfeiture should either of us switch employers) (Down, $3,670, as one of my grants vested & we used the money to pay for the kids college funds).
$30,821 - liquid cash (Up $3,714)
Total net worth = $739, 641. Up $7,008 from November 1st, as you can see, through a combination of slightly increased value of our 401Ks, liquid cash, decrease in liabilities offsetting a small dip in our stock options.
Do you track your net worth? Have you found it to be a helpful tool in long(er) term planning & goals? I mostly find it motivating, but we lost *a ton* of money this year in our 401Ks, so it's hard to see the number when they're trending down. It's a dose of reality that sometimes I don't want to swallow. :-)
Thursday, November 3, 2011
Net worth update
I pull all of our numbers on the first of each month & calculate our net worth. (Note that I don't count our kids college accounts, as they are 529s, and for college tuition only. Maybe I should, but I consider the accounts part of their net worth, as we will not be using them? Also, M has one very high risk investment account that I don't track. It fluctuates WILDLY, and it makes me anxious to look at the numbers, so I don't even pay attention to it. :-))
Here's where we are as of November 1st:
Liabilities:
$35,736 - M's 401K loan
$1,045,568 - Property loans (primary & vacation)
Assets:
$860,000 - value of primary residence
$334,000 - value of vacation residence
$431,833 - retirement accounts
$160,995 - stock options via employer (on a vesting schedule & subject to forfeiture should either of us switch employers)
$27,107 - liquid cash
Total net worth = $732,632
And, with that, I'll throw out my goals for today. I'm struggling a bit on the weight loss part, and need to rein it in. Especially because I'll be eating out a lot this weekend.
Goals for today:
1) Complete a development project for work. Can't wait to get this off my plate!
2) 60 minutes of cardio
3) 15 minutes of arms/strength training
4) Not get stressed over our crazy night, because it's our last Thursday of soccer practice & swimming lessons!
5) No unnecessary spending.
6) 1500 calories (or less) of healthy choices today!
What are you hoping to accomplish today? Do you set daily goals? (I do, when I'm struggling. :-)) Do you calculate your net worth and/or find it helpful?
Here's where we are as of November 1st:
Liabilities:
$35,736 - M's 401K loan
$1,045,568 - Property loans (primary & vacation)
Assets:
$860,000 - value of primary residence
$334,000 - value of vacation residence
$431,833 - retirement accounts
$160,995 - stock options via employer (on a vesting schedule & subject to forfeiture should either of us switch employers)
$27,107 - liquid cash
Total net worth = $732,632
And, with that, I'll throw out my goals for today. I'm struggling a bit on the weight loss part, and need to rein it in. Especially because I'll be eating out a lot this weekend.
Goals for today:
1) Complete a development project for work. Can't wait to get this off my plate!
2) 60 minutes of cardio
3) 15 minutes of arms/strength training
4) Not get stressed over our crazy night, because it's our last Thursday of soccer practice & swimming lessons!
5) No unnecessary spending.
6) 1500 calories (or less) of healthy choices today!
What are you hoping to accomplish today? Do you set daily goals? (I do, when I'm struggling. :-)) Do you calculate your net worth and/or find it helpful?
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