Net Worth Update – December 2018

Despite the slump in the stock market, December went well and I saw a 16.1% increase in net worth:

Liquid Assets	Start	End	$ Change
Cash & Checking	$1,528	$1,575	+$47
Emergency Fund	$5,423	$5,700	+$277
Savings Goals	$585	$775	+$190
Brokerage Accts	$1,273	$1,200	($73)
Illiquid Assets	Start	End	$ Change
Savings Bonds	$1,409	$1,375	($34)
Home Equity	$19,250	$27,825	+$8,575
401K	$40,996	$39,525	($1,471)
Roth IRA	$24,638	$23,325	($1,313)
Liabilities	Start	End	$ Change
Loans	($11,429)	($4,175)	+$7,254
Net Worth	$83,673	$97,125	+$13,452
% Change	+16.1%

I did receive 3 paychecks in December, which certainly helped, but most of my increase in net worth came from an increase in home equity (by ~$8,000) and a decrease in my loans (by ~$7,000). In regards to my loans, I made a biannual payment on the loan to my parents. Then they agreed to dismiss most of the remaining balance. I also made extra payments to my 401k loan.

I would like to note that from now on, I will be rounding my net worth subtotals for a bit more privacy on the blog. I will also continue to update my home equity at the end of each year.

For December I didn’t do too bad budget wise:

Category	Budgeted	Actual	Remaining
(1) Bills & Utilities	$175	$146	$29 under
(2) Food	$300	$79	$221 under
(3) Medical	$-	$338	$-
(4) Everything Else	$300	$645	$345 over
Total (1+2+4)	$775	$870	$95 over

Technically I increased my “Everything Else” budget by $500, due to the holidays. This means I was actually $105 under. But I’m going to go ahead and stick with my usual numbers since I didn’t go far over my typical budget.