Ikeh89's Net Worth for October 2023

Assets	Value	Change ($)	Change (%)
Cash	$30,500	($5,959)	(16.34%)
Emergency Fund	$15,000	($9,420)	(38.57%)
Kids Savings	$9,276	$91	0.99%
Stocks and Crypto	$20,278	($1,085)	(5.08%)
TSP	$83,032	($5,173)	(5.86%)
Retirement	$64,876	($3,009)	(4.43%)
Home	$215,000	($135,000)	(38.57%)
Personal Property	$1,000	($5,400)	(84.38%)
Cars	$42,000	$26,000	162.50%
Total Assets	$480,962	($138,955)	(22.42%)

Debts	Value	Change ($)	Change (%)
Personal Loan	$5,000	$5,000	-
Credit Cards	$3,463	$2,037	142.85%
Total Debts	$8,463	($143,150)	(94.42%)
Net Worth	$472,499	$4,195	0.90%
^*All values shown in USD ($)

Notes:
We have officially moved from Alaska to Illinois. I have started my new job. We sold our AK home for 397K and from the profits bought a house outright (NO MORTGAGE). We sold both our AK cars and bought 2 newer VW cars. We are trying to go completely debt free! We did buy some furniture that hasn't been delivered yet that we financed for 12 months 0% interest. Also, we are replacing the furnace in the house and will be financing that 36 months 0% interest, that also hasn't come into effect yet so those two items will be coming on Novembers balance sheet. Lastly, I did take a personal loan from my mom, just to float us with a tad more cash, we will discuss a payment plan in January once we know were we stand 100% from a bills perspective. God is good!

Notes:

We have officially moved from Alaska to Illinois. I have started my new job. We sold our AK home for 397K and from the profits bought a house outright (NO MORTGAGE). We sold both our AK cars and bought 2 newer VW cars. We are trying to go completely debt free! We did buy some furniture that hasn't been delivered yet that we financed for 12 months 0% interest. Also, we are replacing the furnace in the house and will be financing that 36 months 0% interest, that also hasn't come into effect yet so those two items will be coming on Novembers balance sheet. Lastly, I did take a personal loan from my mom, just to float us with a tad more cash, we will discuss a payment plan in January once we know were we stand 100% from a bills perspective. God is good!

Comments

4/5/2024 2:54:41 PM JayManC
congrats on the outright home purchase, the freedom of no longer having a mortgage must feel amazing.
4/5/2024 6:05:30 PM Ikeh89
It's awesome. I know we could have bought a bigger, newer home in maybe a different town with a mortgage, but the appeal of freedom just couldn't be beaten. Now comes saving and in a few years, buying that dream home for cash. Thanks for the positivity!!!