Net Worth Update – December 2017

I know I should have posted this earlier, but I’ve been busy with the holidays and now I’m on vacation. December was another irregular month for me mostly due to moving into my new place. The good thing is my first mortgage payment wasn’t due until January 1.  So I was able to save quite a bit anyway. I’m hoping next month goes by a little smoother.

Here is a breakdown of my assets and liabilities. I aggregated my retirement accounts as well as my brokerage accounts for simplicity.

Liquid Assets Start End Change
Cash & Checking $1,000 $450  ($550)
Brokerage Accts $660 $697  +$37
Emergency Fund $3,400 $3,405  +$5
Short Term Savings $50 $525  $475
Illiquid Assets Start End Change
Savings Bonds $2,130 $2,135  +$5
IRA & 401K $42,920 $46,459  +$3,668
Liabilities Start End Change
Furniture Loan  ($1,898) ($1,792) +$106
401K Loan ($10,799)  ($10,748)  +$51
Equity Start End Change
Home Equity 11,850 $11,850 +$0
Net Worth $49,313 $52,981 +$3,668
% Change +7.4%

I’ll have to post my December spending later. I know I’ve been slacking since November! Hopefully I can also do a year in review before February!

2 thoughts on “Net Worth Update – December 2017

  1. I just started following, but glad the net worth is increasing. Looks like you have doubled you net worth in about a years time. I’ll have to go back and find the reference to the 401k loan and furniture loan, but keep it up!

    Like

    • Thanks for the interest! Both the 401k loan and the furniture loan are new. The furniture loan is first mentioned in the November’s net worth update. It is a 0% APR loan. The 401K was first taken out in October.

      Like

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