Month 3 of posting my net worth. I’m not sure anyone’s getting anything out of these except maybe some voyeuristic pleasure, but that’s OK because it’s actually really helpful to me to take a look at these numbers monthly. So let’s take a look.
Net Worth February 2011
| ASSETS | This Year | vs. Last Month | ||
|---|---|---|---|---|
| Real Estate | ||||
| My Home (Zillow) | $371,000 | -3% | -1% | |
| Savings | ||||
| All Accounts | $23,700 | -58% | 0% | |
| Retirement | ||||
| All Accounts | $218,960 | 8% | 5% | |
| Investments | ||||
| 529 Plan | $11,960 | 23% | 3% | |
| Brokerage | $4,813 | -2% | -2% | |
| Prosper | $206 | -34% | -18% | |
| Total Assets | $630,639 | -1% | 1% | |
| LIABILITIES | ||||
| Credit Cards* | ||||
| All Accounts | $5,928 | -71% | 35% | |
| Student Loans | ||||
| All Accounts | $68,200 | -2% | -1% | |
| Mortgage Loans | ||||
| My Home | $301,149 | 0% | 0% | |
| Total Liabilities | $375,278 | -2% | 0% | |
| NET WORTH | $255,361 | 1.0% | 2.5% |
There’s not much meaningful change among the assets. My home value is relatively stable according to Zillow. That’s good because there’s nothing I can do about that one anyway. Unfortunately my savings accounts are also stable with no change since January. I really do want to build this up, but a lot of holiday expenses got paid during this period. February was going to be a better month but some unforeseen medical costs will likely leave this number little changed when I come back in March. Thanks to a good stock market, retirement and investment accounts are largely positive. Prosper loans continue to decrease as they are paid off so that negative is actually a positive.
Liabilities are even more boring. Credit cards are in flux like always. This figure is largely irrelevant since a balance is never carried over. It only reflects personal and business expenses (which are fully reimbursed). The rest of my loans are growing slowly smaller which is in-line with my life plan.
Overall, net worth is up a solid 1%. That’s a win in my book.