Gallanco's Net Worth for January 2023


Assets Value Change ($) Change (%)
Cash on Hand $15,410 $51 0.33%
529s $17,070 ($268) (1.55%)
Retirement Accounts $145,239 ($7,496) (4.91%)
Home Value $415,400 ($5,900) (1.40%)
Car Value (KBB) $13,299 ($2,041) (13.31%)
Personal Property $13,000 - -
Other Assets $13,579 $541 4.15%
$632,997 ($15,113) (2.33%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $213,836 ($505) (0.24%)
Credit Cards $2,030 $901 79.81%
Outstanding Checks $538 $304 129.91%
Misc. Debt $3,332 $3,332 -
Total Debts $219,736 $4,032 1.87%
Net Worth $413,261 ($19,145) (4.43%)
*All values shown in USD ($)
Notes:
2022 is the first year that NW has decreased since I started tracking around 2013 or so. Official loss was -1.21%. Read that the average household saw a -20% drop, so we are fortunate in that sense.

Predicting a modest 5% gain for FY23, but seeing the wheels continue to come off the financial market, housing market, and car values. Will also look to be cutting spending (as will everyone else) if NW continues to drop and inflation keeps roaring.

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