March Net Worth 2017

Our second month of stats, March Net Worth 2017.

Total Assets: $1,966,581 up + $22,966 from last month

Accounts receivable, This is a business deal from 2014

Boat & Cars, Depreciating assets, but cars new in 2015

Real Estate Old House + 2nd home/vacation rental

Primary Residence

Retirement accounts; 2 people, 2 jobs each, 5 accounts total

Brokerage accounts; 2 taxable stock accounts

College Funds; Prepaid tuition and 529 accounts or 2 kids

Bonds; ‘I bonds’ bought through Treasury Direct

Cash & Metals; 6 accounts and a security deposit box

Health Savings Acct., Just started in 2015

I found an accounting error in my error in one of my 401ks (it had not been automatically updating) so it jumped over $5k!

Total Liabilities;$533,740 down – $1,486 from last month

Mortgage on House; Bought in 2005 Interest 3.75%

Mortgage 2nd Home; Bought in 2012 Interest 3.5%

Student Loans; Law school sucks

HELOC; Current APR 3.49%

TOTAL MARCH NET WORTH     $1,432,841

Tracking your own net worth is perhaps the second most important thing you can do to improve your financial picture. Budgeting your expenses to see where the money goes is probably still number one.

Budgeting is like paying attention to ball game while tracking net worth is like paying attention to the baseball season.

Months can goes up or down, you need a longer picture to evaluate your progress. You are either bringing in more money than you’re spending or you are losing money each month. Tracking Net Worth is easy, useful, and addictive.

Remember: ‘Comparison is the Thief of Joy’

4 thoughts on “March Net Worth 2017

  1. Look at that net worth increase of over $20k! Nice work. Plus your liabilities had a good decrees as well! I need to start posting some regular net worth updates but I won’t be able to keep up with you.

  2. Very nice work indeed, this is a fantastic increase. Well done to you, you should be very pleased with this outcome. Cheers

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