challengeclub's Net Worth for January 2023


Assets Value Change ($) Change (%)
Savings $81,600 ($23,900) (22.65%)
Stocks $104,500 ($6,600) (5.94%)
Superannuation $175,400 ($2,500) (1.41%)
House $736,000 $154,500 26.57%
Investment Property $300,000 - -
Cars $0 - -
Personal Property $0 - -
Rental Bond $2,200 $2,200 -
$1,399,700 $121,500 9.51%
 
Debts Value Change ($) Change (%)
House Mortgage $127,800 $127,800 -
IP Mortgage $133,000 ($500) (0.37%)
Credit Cards $7,000 - -
Total Debts $267,800 $127,300 90.60%
Net Worth $1,131,900 ($5,800) (0.51%)
*All values shown in AUD ($)
Notes:
JANUARY 2023

SAVINGS
Savings includes half of joint IP bank account
All other bank accounts of mine plus all of the joint working account
Plus all cash on hand
$81600


STOCKS
Stocks is holdings (and any cash in broker accounts) with all broker accounts (mine and wife - even though hers is only for her not us)
$104500


Bonds:
Bonds figure is now in NEW Rental Bond (discovered can modify fields!) $2200 to return once in House and stop renting


Property:

IP

Apartment:
$600K value
Half only applies ie $300K
Mortgage is actually only $266K so $133K each
Soon to be reduced to $130K each


HOUSE

House Build:
Deposit/Payments to Builder for House Build = $286000 now
After spend on furnishing will count some of the value of these (then) as Personal Property
Land:
Settled - Owned Outright
Latest 400m2 vacant land Sales indicate $450K

Mortgage:
$127800 now - finally started the mortgage (will expand to $280000)



When House completed will simply have $280000 mortgage (or less if Inna puts in but I will then have other debt to her)
And House to be market valued - probably around $900K

Because lots of new furniture/appliances - will then count the value of personal property at sale price

Probably continue to not count cars?

Comments