My Net Worth

September 2017 Net Worth Graph

I’ve been behind recording my net worth on thiswifeslife.com, but I’ve been doing very well.  I hit another goal for 2017 of paying off 2122, a rental property.

To explain my line items:
Cash: Is up a bit. Some of it is timing…and the fact that I’ve built up my side hustle account up to over $1,000.

Credit Cards: I let myself go a bit this summer after paying off the rental. I should have used cash…but I have wracked up some credit card rebates. Plus, we’re heading to Europe in a week and some clothing was needed (it’s a work trip).

Loans: Continue to be reduced.

Investments: The overall market has still been good. Plus, I’m putting into our SIMPLE IRA match at work. Additionally, I received a bonus at work and after taxes $4,000 went into a traditional IRA at Vanguard.

Property: Values continue to increase based on my housing market.

Net Worth as of September 20, 2017
$304,462.64 (increase of $49,174.01 since 06/10)
Cash: $24,727.44 (increase of $869.92 since 06/10)
Credit Cards: ($2,349.42) (increase of $654.46 since 06/10)
Loans: ($304,762.50) (decrease of $7,067.45 since 06/10)
Investments: $49,893.84 (increase of $7,550.82 since 06/10)
Property: $536,953 (increase of $34,340 since 06/10)

June 2017 Net Worth Graph

Well…I didn’t record my net worth on thiswifeslife.com, but I’ve been doing very well. In fact, I’ve hit a 2017 goal of achieving more than $250k in net worth…I’m a quarter millionaire. Yay! Here’s how it shakes out…

To explain my line items:
Cash: A bit up from March…again, it’s monthly timing.

Credit Cards: Well…I had some big expenses and had to use the Visa. It’ll be back to zero in no time.

Loans: Should have 2122 paid off this month (five days to be exact). These continue to go down, but not as quickly as I like.

Investments: The overall market has been good. Plus, where I work they just established a SIMPLE IRA program and I’m contributing and being matched there.

Property: Values continue to increase based on my housing market.

Net Worth as of June 10, 2017
$255,288.63 (increase of $30,838.18 since 03/25)
Cash: $23,857.52 (increase of $253.31 since 03/25)
Credit Cards: ($1,694.96) (increase of $1,450.80 since 03/25)
Loans: ($311,829.95) (decrease of $8,924.48 since 03/25)
Investments: $42,343.02 (increase of $3,606.24 since 03/25)
Property: $502,613(increase of $5,043 since 03/25)

March 2017 Net Worth Graph

Ooops. I forgot to measure this in February. But it looks like both February and March were good months with an over all net worth increase of more than $14,000 (avg. $7,000 per month). Again, more than my take home salary…am I living for free? Again, I’m pleased with this scenario as it means my investments are increasing in value while my debt is getting reduced.

To explain my line items:
Cash: A bit down from January…but it’s monthly timing, debt reduction on our rental property and fully funding my 2016 Roth IRA.

Credit Cards: Well…I had some big expenses and had to use the Visa. It’ll be back to zero in no time.

Loans: Have been paying nearly $2,000 on principal to our rental property and received an escrow refund of $800 for another property that went to principal on 2122.

Investments: Fully funded my Roth IRA and had an overall increase in investment income. I love making money while I sleep.

Property: Values continue to increase based on my housing market.

Net Worth as of March 25, 2017
$224,450.45 (increase of $14,461.95 since 01/21)
Cash: $23,604.21 (decrease of $2,779.16 since 01/21)
Credit Cards: $244.16 (increase of $244.16 since 01/21)
Loans: ($320,754.43) (decrease of $9,385.62 since 01/21)
Investments: $38,736.78 (increase of $4,533.65 since 01/21)
Property: $497,570 (increase of $3,566 since 01/21)January 2017 Net Worth Graph

This month was good news in every category! And, I had an overall net worth increase of just over $5,000, which is more than my take home salary. I like this scenario as it means my investments are increasing in value while my debt is getting reduced.

To explain my line items:
Cash: Had a bit of an increase this month…even with paying taxes on a rental property. It helped paying cash for Christmas too.

Credit Cards: Completely paid this off. I now have zero credit card debt…hallelujah!

Loans: Still trucking away here. Will make a principal payment on 2122 of $2,500 before the end of the month.

Investments: Although only an increase of about $300…it was still an increase. Will begin finishing the funding of my Roth IRA next month.

Property: Values continue to increase based on my housing market.

Net Worth as of January 21, 2017
$224,450.45 (increase of $5,328.28 since 12/27)
Cash: $26,383.37 (increase of $429.88 since 12/27)
Credit Cards: Zip, Zero, Zilch, Nada $0.00 (decrease of $2,212.16 since 12/27)
Loans: ($330,140.05)(decrease of $1,041.93 since 12/27)
Investments: $34,203.13 (increase of $390.31 since 12/27)
Property: $494,004 (increase of $1,254 since 12/27)December 2016 Net Worth Graph Mint.comDecember 2016 Net Worth Graph

This month’s increase in net worth is a combination of investments and property values rising along with loans decreasing.

To explain my line items:
Cash: This was down a little bit, but mostly based on the time of month.

Credit Cards: Still paying off kitchen counter tops…will be paid off next month.

Loans: Made some headway here on principal payments.

Investments: Almost an increase of $1,000 for the month. Would love to see an increase of $10,000 for 2017.

Property: Values continue to increase based on my housing market.

Net Worth as of December 27, 2016
$219,122.17 (increase of $7,485.30 since 11/17)
Cash: $25,953.49 (decrease of $1,227.44 since 11/17)
Credit Cards: ($2,212.16) (increase of $434.96 since 11/17)
Loans: ($331,181.98) (decrease of $3,511.06 since 11/17)
Investments: $33,812.82 (increase of $832.69 since 11/17)
Property: $492,750 (increase of $4,804 since 11/17)

november-2016-net-worthNovember 2016 Net Worth Graph

This month’s increase in net worth is cray-cray! As in crazy! I owe it to our properties all going up in value…just in time for taxes.

To explain my line items:
Cash: Again, my cash includes $20k in emergency savings held at CapitalOne360;  my everyday checking account and our rental property checking account. Of course it fluctuates depending on the time of the month.

Credit Cards: We just purchased our kitchen counter tops on the Amex, and the husband paid $3,000 to help me pay it off. This will be paid off interest free by February 2017.

Loans: Didn’t get as much paid on principal as I would like.

Investments: This month saw an increase of more than $2000. I’m thinking the stock market is getting stronger and helping with my investments.

Property: This line item really took off…like I said, just in time for taxes. Ugh!

Net Worth as of November 17, 2016
$211,636.87(increase of $44,129.85 since 10/24)
Cash: $27,180.98 (increase of $3,378.04 since 10/24)
Credit Cards: ($1,777.20) (decrease of $3814.06) since 10/24)
Loans: ($334,693.04) (decrease of $1,006.13 since 10/24)
Investments: $32,980.13 (increase of $2,586.88 since 10/24)
Property: $487,946 (increase of $35,460 since 10/24)

october-2016-net-worthOctober 2016 Net Worth Graph

Not to be one of those people who hasn’t posted in forever, and then go on-and-on about how busy my life has been. But, I’ve been busy darn it! The good news is that I received a promotion and pay increase in April. The bad news is that my new job responsibilities have left me little to no time for myself or my blog. Even still, I’ve managed to stay on track with growing my net worth.

To explain my line items:
Cash: Again, my cash includes $20k in emergency savings held at CapitalOne360;  my everyday checking account and our rental property checking account. Of course it fluctuates depending on the time of the month.

Credit Cards: We just purchased our kitchen counter tops on the Amex. (I know, I know…I hate debt too). This will be paid off interest free by February 2017.

Loans: We had a good decrease in our overall loan debt in the past six months. We are focusing on paying off one of our rental properties by throwing $2000 extra to principal each month. This should be paid off by Sept. 2017 given we can keep the property rented to cover the base costs.

Investments: I have been putting $167/paycheck to a Roth IRA and $20/paycheck to stocks. I’m also in the process of moving stock from one high fee account to a no-fee account and have the stock certificate of about $800 worth of stock in hand. This increase of more than $2,000 feels good to me.

Property: It looks like I had a drop in property value of more than $5,000. I think it was a rental property and a little bit of depreciation in my Lexus. However, it looks like our main house has increased in value and if we were to sell could make a profit of $50k.

Net Worth as of October 24, 2016
$167,507.02 (increase of $2939.17 since 06/17)
Cash: $23,802.94 (increase of $122.96 since 06/17)
Credit Cards: ($5,591.26) (increase of $5092.73) since 06/17)
Loans: ($335,699.17) (decrease of $10,810.79 since 06/17)
Investments: $30,393.25 (increase of $2,115.26 since 06/17)
Property: $452,486 (decrease of $5017 since 06/17)June 2016 Net Worth GraphicJune 2016 Net Worth Graph

Paying off debt was the name of the game this month. Cash went down, but so did my overall debt. I had an increase of nearly $5k in net worth this month. I also received a promotion and a raise this month. This will increase my net paycheck by $172 bi-weekly. The majority of that will go towards investing in a Roth IRA and the extra will be for extra things to keep me from using the credit card for unnecessary things.

To explain my line items:
My cash includes $20k in emergency savings held at CapitalOne360;  my everyday checking account and our rental property checking account. Of course it fluctuates depending on the time of the month.

Credit Cards: Paid off Chase Freedom (around $4000 this month), but ran up a new Amex card so I could get the $250 bonus. Since we are in a home remodel, I have come to realize there may be a bit of credit card debt from time-to-time…will be watching this closely.

Loans: These include our main mortgage at just at $213k and two rental properties that collectively sit at $107k. It also includes my student loan of around $26k.

Investments: These include a 401K at a previous employer that was vested after three years; two small Roth IRAs and some stocks.

Property: This includes the value of our main house, rental properties and my car. This saves my bacon when you look at our overall debt.

Net Worth as of June 17, 2016
$164,567.85 (increase of $4,991.53 since 05/13)
Cash: $23,679.98 (decrease of $4,040.24 since 05/13)
Credit Cards: ($498.53) (decrease of $3948.06) since 05/13)
Loans: ($346,509.96) (decrease of $4,034.11 since 05/13)
Investments: $30,393.25 (increase of $158.60 since 05/13)
Property: $457,503 (increase of $1392 since 05/13)

May 2016 Net Worth

May 2016 Net Worth Graph

I’m fully addicted to mint.com and use it to track my net worth. With a goal of $1 million by my early retirement target age 55 (12.5 years) I had a nice increase of $5k this month with an estate settlement from my father-in-law. Without going into it, my husband sold property and had a $5k payment that’s going straight to paying on the principal of one of our rental properties (2122).  My stats are below and I’ll update regularly.

To explain my line items:
My cash includes $20k in emergency savings held at CapitalOne360;  my everyday checking account and our rental property checking account. Of course it fluctuates depending on the time of the month. It’s looking good right now because I just got paid and received the $5k.

Credit Cards: This is the Chase Freedom account I ran up during Christmas, and to purchase doors for our home renovation project. I feel guilty about this and I’m working hard to get it paid off in June 2016.

Loans: These include our main mortgage at just over $215k and two rental properties that collectively sit at $110k. It also includes my student loan of around $25k.

Investments: These include a 401K at a previous employer that was vested after three years; two small Roth IRAs and some stocks.

Property: This includes the value of our main house, rental properties and my car. This saves my bacon when you look at our overall debt.

Net Worth as of May 13, 2016
$159,576.32 (increase of $7471.72 since 04/26)
Cash: $27,720.22 (increase of $5760.79 since 04/26)
Credit Cards: ($4446.59) (decrease of $138.66) since 04/26)
Loans: ($350,543.96) (decrease of $945.85 since 04/26)
Investments: $30,234.65 (decrease of $133.34 since 04/26–dang it!)
Property: $456,611.00 (increase of $759 since 04/26)

Net Worth Graph April
April 2016 Net Worth Graph

I was first inspired to gauge my Net Worth when the blog Budgets Are Sexy. I signed up with mint.com and began entering all of my information. With a goal of $1 million by my early retirement target age 55 (12.5 years) I was surprised to learn I was doing better than I thought. My stats are below and I’ll update regularly.

To explain my line items.

My cash includes $20k in emergency savings held at CapitalOne360;  my everyday checking account and our rental property checking account. Of course it fluctuates depending on the time of the month.

Credit Cards: This is the Chase Freedom account I ran up during Christmas, and to purchase doors for our home renovation project. I feel guilty about this and I’m working hard to get it paid off in June 2016.

Loans: These include our main mortgage at just over $215k and two rental properties that collectively sit at $110k. It also includes my student loan of around $25k.

Investments: These include a 401K at a previous employer that was vested after three years; two small Roth IRAs and some stocks.

Property: This includes the value of our main house, rental properties and my car. This saves my bacon when you look at our overall debt.

Net Worth as of April 26, 2016
$152,104.59
Cash: $21,959.43
Credit Cards: ($4585.25)
Loans: ($351,489.58)
Investments: $30,367.99
Property: $455,852.00