kinless' Net Worth for January 2012


Assets Value Change ($) Change (%)
Cash $41,700 $5,616 15.56%
Stocks $0 - -
Bonds $0 - -
Annuities $2,745 $52 1.93%
Retirement $46,569 $2,716 6.19%
Home $410,000 ($4,000) (0.97%)
Other Real Estate $0 - -
Cars $7,000 - -
Personal Property $18,000 - -
Other $0 - -
$526,014 $4,384 0.84%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $312,560 ($491) (0.16%)
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $838 ($164) (16.37%)
Car Loans $0 - -
Other $2,020 ($180) (8.18%)
Total Debts $315,418 ($835) (0.26%)
Net Worth $210,596 $5,219 2.54%
*All values shown in USD ($)
Notes:
The year is off to a good start. Not only was I repaid some debt, but I ended up playing music gigs every single weekend in January, topped off by a decent return in the stock market. This is probably a good time to counter the gain with a few ticks off the house price, but I'm only doing that until I get my next property assessment. I've already estimated the taxes for 2011, and because of all last year's expenses with the house, I should actually get a decent return this time (I usually break even any other year). Whatever refund I receive will go straight to savings. I do not rest until that gets back to $10,000 (currently at $6700-ish). From there I will slowly build back up the road trip fund to $2000 (currently $400), then I'll pad my checking account with 2 months worth of bill-paying funds (around $6,000). Provided nothing drastic or life-altering happens, I'm confident I can get it all there by the end of the year. As my car continues to age, I'm entertaining the idea of starting a new separate fund for a new car. I don't plan on buying one anytime soon unless the current one gets totaled. I'm looking at a purchase in late 2015, so I have plenty of time to think about what I would like. I'm hoping hybrid/electric technology has vastly improved and become cheaper by then and I can rely less on petroleum. Onward ho...

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