It's 2016 Baby!!
Cash - $30,526 ($5,023)
Investments - $187,290 ($3,745)
Home Value - $405,000 ($39,000)
Personal Assets - $62,492 ($4,458)
Less: Liabilities - $312,647 (-$2,673)
Assets -
Investments - Overall, the markets are way down since October 2015. We made over $6,300 in contributions to our accounts, but our accounts fell due to choppy markets. For the year, the stock market was slightly DOWN.
Personal Assets -
Home Value - So, our neighbors moved in and besides being great people with young kids, they gave us a little more insight to what our home is worth. We have the exact same lay-out as our neighbor and it just sold for over $430k. It has an updated kitchen, so I'm keeping our value down, but the market remains active and $400k seems reasonable in our area.
Liabilities -
Mortgage - $285,675 - Steady, plus we made our annual Dec 31 payment for tax purposes.
Student Loans - $1,946 - Just making our usual $100/month payments. At 1.26%, I have no concern with paying them off early.
Acura Loan - $11,145 - 0.9% interest.
Sonata Hybrid - $13,881 - 3.99% interest.
Cash - $30,526 ($5,023)
Investments - $187,290 ($3,745)
Home Value - $405,000 ($39,000)
Personal Assets - $62,492 ($4,458)
Less: Liabilities - $312,647 (-$2,673)
Assets -
Cash - This seems a bit misleading. The increase is primarily related to being reimbursed for work-related expenses and not paying off the credit card until early January. Otherwise, it's just small increases in CSV and our cash accounts as the markets have been very volatile, so I've stopped making investments.
Investments - Overall, the markets are way down since October 2015. We made over $6,300 in contributions to our accounts, but our accounts fell due to choppy markets. For the year, the stock market was slightly DOWN.
Personal Assets -
Home Value - So, our neighbors moved in and besides being great people with young kids, they gave us a little more insight to what our home is worth. We have the exact same lay-out as our neighbor and it just sold for over $430k. It has an updated kitchen, so I'm keeping our value down, but the market remains active and $400k seems reasonable in our area.
Liabilities -
Mortgage - $285,675 - Steady, plus we made our annual Dec 31 payment for tax purposes.
Student Loans - $1,946 - Just making our usual $100/month payments. At 1.26%, I have no concern with paying them off early.
Acura Loan - $11,145 - 0.9% interest.
Sonata Hybrid - $13,881 - 3.99% interest.
Total Joint Net Worth - $372,660! A 25% increase since Year-End! Whoa!! Mostly, its due to Home Value, but without that it still would have been 12.3%
It's amazing to see how far we've come since we took our finances seriously!!
It's amazing to see how far we've come since we took our finances seriously!!
| Dec-15 | 372,660 | 0.0% |
| Dec-14 | 297,211 | 25.4% |
| Dec-13 | 240,526 | 54.9% |
| Dec-12 | 178,004 | 109.4% |
| Mar-12 | $ 127,797 | 191.6% |
No comments:
Post a Comment