November kind of sucked. My son was sick…again. I was sick…again…twice. The house down the street sold for a ridiculous price per square foot because of their carpeted garage and dragged the Zillow estimate on my home down almost $10k causing unnecessary distortion in my net worth. I'm whiny and sleepy tonight, but let's get into it anyway.
My wife's business did well in November. I'm pretty sure she garnered receivables in excess of her rent so she is break-even in month 2 with limited marketing. December will be a light month with the holidays, but fortunately human anguish becomes amplified during this time so I'm hoping for a big January.
My job remains stable. The potential retention bonus I mentioned last month is still viable, and I will likely pick up a direct report or 2 in the coming months. Everything is clicking along reasonably.
On the asset side, savings is flatter than a pancake. Next year, this goal is going to get more attention. It's driving me crazy that I can't get this higher. It's actually worse than it appears because I still owe another $5k into the Roths before April 15. Retirement accounts rose 3% and are 12% higher for the year thanks to dedicated 401k investing and some market gains. Overall, total assets fell by 1% since last month, but that's due to the Zillow effect I mentioned earlier more than anything else.
On the liabilities side, it's the same story I tell every month.Credit cards are still getting paid off every month, variable rate student loans are still getting paid down aggressively, and 1.08333 mortgage payments are being made. Liabilities reduced by 1% again this month. Oh, and Xmas shopping is done too!
Overall, somehow we're still managing a positive 2011….but tax time is coming soon!
What about you? How's your net worth shaping up this month? How does that look year over year?