challengeclub's Net Worth for December 2019


Assets Value Change ($) Change (%)
Savings $37,700 ($75,660) (66.74%)
Stocks $900 ($1,420) (61.21%)
Superannuation $140,500 $1,210 0.87%
House $425,000 $25,000 6.25%
Investment Property $275,000 $275,000 -
Cars $10,000 - -
Personal Property $20,000 - -
Other Assets $900 ($25,600) (96.60%)
$910,000 $198,530 27.90%
 
Debts Value Change ($) Change (%)
House Mortgage $329,300 $42,900 14.98%
IP Mortgage $133,500 $133,500 -
Credit Cards $0 - -
Other Debts $10,000 - -
Total Debts $472,800 $176,400 59.51%
Net Worth $437,200 $22,130 5.33%
*All values shown in AUD ($)
Notes:
DECEMBER 2019

Even though not settled yet
Have set Mercer IP as $550K value (realistic) and Loan as $267K - so half of both apply to me
$250K joint funds not counted then - nor left over amount after Finishing - will add any in later when occurs (half only of course)

Other Assets = $900 in CoinSpot

Shares down to $900 again as the BRN holding is a dud

Home revised up - based on $450K valuation (but realistically sale would be limited to $425K)
So home valued at $425K but mortgage now $330K ($329300 now)
All will be sold in 2020 anyway and to Joint Land later (which I will then count as whole not half as joint with Inna - therefore this NetworthShare becomes joint and increases)
Savings around $38K (not counting surplus in joint until after all Finishing for Mercer IP done post settlement)

Still to repay Inna $10K

Counting $1500 in Bendigo shared account towards total cash

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