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February Net Worth

February 3rd, 2014 at 06:06 pm

I wish I had remembered to do this last month, so I could have beginning of the year numbers. Oh well.

Assets

Checking - 1,366
EF - 3,500
Pick up - 8,800
Van - 850
Lawn Mower - 1,700
Home (7/12 appraisal) - 77,000
Retirement Fund - 142,977

Total Assets - 236,193

Liabilities

Amazon CC - 175
Pick up - 6,975
Mortgage - 50,676

Total Liabilities - 57,826

Net Worth - 178,367

We took money out of our EF to cover repairs on family van. Once we get the insurance money back, we can replenish the EF back to 6K.

Retirement fund took an approximate 2.5K hit from the beginning of last month.

The Amazon will not begin to accrue interest until June.

I would guess that the house would appraise for more than that now, but a number any different than that would be a pure guess.

We'll get a 1.9K check from the state of Michigan this week - adoption subsidy. I also need to turn in reimbursement at work - not sure how much. Probably between $500 and $600. Other than that, we have no more cash coming in this month.

We also need to pay property taxes - about $400.

All in all, happy with current net worth.

Posted in Uncategorized | 3 Comments »

3 Responses to “February Net Worth”

  1. Petunia 100 Says:
    February 3rd, 2014 at 06:21 pm 1391451676
    1391451676

    You could recreate your beginning of the year numbers from account statements. Smile
    Good job on your increasing net worth.

  2. snafu Says:
    February 3rd, 2014 at 08:15 pm 1391458548
    1391458548

    Suggest looking at Zillow for a consistent point of reference for home and property evaluation. Mid election year always causes gyrations in stock/MF investments. So much investment is based on emotions. It's a 'hold your nose' and continue the plan. I keep telling myself, it' like being 'on sale.'

  3. Bob B. Says:
    February 4th, 2014 at 01:35 pm 1391520952
    1391520952

    Petunia - You're right, of course. I meant more from the standpoint of having those figures archived in SA. Not a biggie.

    snafu - WOW! The Zestimate is $142,699. Not sure I believe that.

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