Are we enjoying the winter Miami heat? I sure am! Lets jump right into the numbers with my December 2017 Net Worth Report.
Although I love and believe in every product I talk about, I have to mention that some links on this page lead to affiliates which could result in compensation for me.
Here is where I stand as of December 1st, 2017
TOTAL NET WORTH: $240,471.29 (+2807.19)
The Break Down
The Good Stuff (Assets):
Checking: -$160 (-$311.52)
Technically my account isn’t negative… I just carried a balance on my credit card. BUT I pay them off every 15 days so still no interest!
Savings (Emergency Funds): $1755.38 (-$568.69)
Well this is what savings are for right?
Traditional IRAs: $79,158.88 (+$1142.2)
IRAs doing what they do!
Brokerage: $5,765.45 (+$245.42)
RobinHood: $30.07 (+$1.81)
I can’t complain. This account is strictly from signing up and referring others. Check it out if you haven’t and you’ll receive a free stock. Just click here. You don’t even have to add your own money!
Lending Club: $998.05 (+$3.42)
Jumping back up! Hopefully im past my original $1000 dollar after this month. If you want to check if Lending Club fits your portfolio, just click here.
401k: $9677.64 (+$847.23)
Currently Contributing 6.5% but raising it every year.
I increase these by 2% a year, but I divide it equally monthly.
Value of Primary: $301,948 (+$494)
The last appraisal actually came in at $358,000, but I like to be conservative with real estate prices to factor in realtor commissions (If I ever sold it).
Value of Investment Property: $145,673 (+$238)
This is probably one of my best-performing investments. I will take a look back at its performance at the end of the year.
The Bad Stuff (Liabilities):
Loan on Primary: $214,736.18 (+$409.28)
Loan on Investment Property: $89,639 (+$306.04)
Other Stuff (Not Included in Net Worth):
My Spending Accounts
These accounts are spending money so they are not included in my net worth. These are things I budget for so they don’t come out of my regular budget. Most of them are joint accounts that my wife and I contribute to.
Date Night Account: $121.50
We did a whole lot in November! Thankfully we never went over budget!
Traveling Account: $2.15
St. Augustine, FL with the baby was a success! New Orleans is next in February!
My Not-So-Impulsive Purchases: $1046.56
My next purchase will be a couple of suits for work 🙁
House Remodeling Account: $1568.97
Paid $250 to clean my AC unit. The good thing is that it should substantially lower my electric bill. That’s one of the basic steps isn’t it? 😉
Investment Property Emergency Fund: $3,726.80
This month I have a sink to fix 🙁
November was a great month! My Net Worth rose $2807.19!!
My annual growth goal is 12.25% (established back in 2012) and at this point I think I might double it!