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.
Coming Soon
I’ll soon be posting my year in review along with my 2019 goals. See you in the new year!
