Wow, it’s amazing how quickly a year goes by. I’ve now been tracking my net worth on this blog for over a year and thought I would expend a post analyzing how things have changed in the past 13 months.
As you can see from the charts, a lot has changed! I’m happy to note that my net worth is up 15.5%, which is a great gain for about a year’s worth of savings. Other noteworthy changes:
- Zillow thinks my house is worth $10k less than it was at this time last year, which is a bit discouraging. Just think where my net worth would be had it remained the same.
- Debt is down across the board with the exception of our new car loan, which more than offsets the gain in vehicle value we see in the assets section.
- Great increases in cash and investments this year! A lot of the investment gain is from contributions, but still solid. I’m excited to see how those increase once the economy picks up the pace a bit, which could be years away.
Overall I’m very happy with the past year. I’m definitely hoping to see our net worth grow over the $300k mark by the end of this calendar year, but that may be a bit lofty.
Donald
Age: 32
Assets: $401,669
Liabilities: ($129,290)
Net Worth: $272,379Memberships
Paul
Age: 31
Assets: 477,660
Liabilities: ($123,725)
Net Worth: $353,935
