Tuesday, October 11, 2016

Net Worth Update 4th quarter 2016

Looks like I forgot to do an update last quarter... time is going by so fast! Thankfully all the numbers are going in the right direction. My husband wants to do a kitchen remodel and even brought up getting a loan... ugh! Going into debt is last thing I want to do, so I think I'm going to stop paying extra towards the mortgage and maybe even contributing less to my 401(k) just in case he just can't wait and I can't talk him into waiting.

Assets:
Approximate value of our house: $250,496 (+$7,429 since last net worth update) (Estimation from Zillow)
Roth IRA: $42,542 (+$1,838 since last net worth update)
Simple IRA: $7,694 (+$321 since last net worth update)
Regular IRA: $6,935 (+$109 since last net worth update)
401(k): $30,338 (+$11,067 since last net worth update)
Savings (including emergency fund): $43,181 (+$4759 since last net worth update)

Total assets: $381,186 (+$25,523 since last net worth update)

Liabilities:
Mortgage: $141,228 ($-7,000 since last quarter)

Total net worth including our house: $239,958
Difference since last quarter: +$32,523

Calculation of my net worth not including the house:

Roth IRA: $42,542
Simple IRA: $7,694
Regular IRA: $6,935
401(k): $30,338
Savings (including emergency fund): $43,181

Total assets: $130,690

Liabilities:
Mortgage: $141,228

Total net worth not including the house: -$10,538
Difference of $25,094 since last net worth update

Friday, April 29, 2016

Net worth update: 2nd quarter of 2016

Oops a little late on this for the beginning of the second quarter. Most of my numbers are looking good. My 401(k) is doing well due to investing so much out of each paycheck. The balance on the mortgage is decreasing (although still not as fast as I'd like it to).

Assets:
Approximate value of our house: $243,067 (+$2,131 since last net worth update) (Estimation from Zillow)
Roth IRA: $40,704 (+$79 since last net worth update)
Simple IRA: $7,373 (-$310 since last net worth update)
Regular IRA: $6,826 (+$150 since last net worth update)
401(k): $19,271 (+$7,177 since last net worth update)
Savings (including emergency fund): $38,422 (+$2,326 since last net worth update)

Total assets: $355,663 (+$11,553 since last net worth update)

Liabilities:
Mortgage: $148,228 (-$4,353 since last quarter)

Total net worth including our house: $207,435
Difference since last quarter: +$15,906


Calculation of my net worth not including the house:

Roth IRA: $40,704
Simple IRA: $7,373
Regular IRA: $6,826
401(k): $19,271
Savings (including emergency fund): $38,422

Total assets: $112,596

Liabilities:
Mortgage: $148,228

Total net worth not including the house: -$35,632
Difference of +$13,775 since last net worth update

Monday, January 4, 2016

Net Worth update - 1st quarter 2016

Assets:
Approximate value of our house: $240,936 (+$12,987 since last net worth update) (Estimation from Zillow)
Roth IRA: $40,625 (-$2,886 since last net worth update)
Simple IRA: $7,683 (-$304 since last net worth update)
Regular IRA: $6,676 (+$31 since last net worth update)
401(k): $12,094 ($8,144 since last net worth update)
Savings (including emergency fund): $36,096 (-$9,192 since last net worth update)

Total assets: $344,110 (+$8,568 since last net worth update)

Liabilities:
Mortgage: $152,581 (-$9,355 since last quarter)

Total net worth including our house: $191,529
Difference since last quarter: +$17,923


Calculation of my net worth not including the house:

Assets:
Roth IRA: $40,625
Simple IRA: $7,683
Regular IRA: $6,676
401(k): $12,094
Savings (including emergency fund): $36,096

Total assets: $103,174

Liabilities:
Mortgage: $152,581

Total net worth not including the house: -$49,407
Difference of +$4,936 since last net worth update

Looks like I forgot to do an update in the beginning of the 4th quarter, but not much has changed. The two biggest changes are due to buying a new truck last fall (we paid cash rather than taking out a loan - thus the smaller savings amount) and my 401(k) jumped up a lot due to saving 20% of my paycheck starting sometime back this summer. No major changes in the total net worth, but at least its going in the right direction.