Money and Finance
February was another great month for my net worth. I had my third $10k+ positive move. Almost half of that was due to my employer's profit sharing hitting my 401k account. Another big chunk was from debt payment. It's good to see that number going down more and more each month. It's one step closer to not having to commit any money towards that and to put it to better use through savings.
I was double checking my formulas in my spreadsheet and noticed that I was counting my 401k and Rollover IRA as liquid assets. Which I guess technically they would be but at huge penalties. That change will be reflected in this month's update.
Current Assets: $125,183.45
Curent Liquid Assets: $50,471.88
Current Debts: -$35,120.70
Net Worth: $90,062.75
My savings rate for February was 73.09% from my take home pay. As usual this doesn't include my 401k contributions. I might start keeping track of savings off of net pay just to see where I stand on that front.
YTD my net worth has increased 30.97% for a total of $21,299.30. It'll be fun to see when exactly I can get my net worth to break the $100k mark. I think April or May will bring that about.
- Net Worth Update - February 2014
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. What a difference a month makes. The S&P 500 rebounded from January's...
- Net Worth Update - February 2013
I knew February would end up being a pretty good month with high than normal income and the profit sharing from my employer hitting my 401k. Considering the markets didn't have a repeat 5-6% gain, I got pretty close to topping January's personal...
- Net Worth Update - January 2012
January was a good month with the stock market making a move upwards. I had my second largest monthly net worth gain with a $10,873.17 move upwards. I had a big move from my savings (~$2,600 and debt payment ($2,425). Another $800 came from my ESPP purchase...
- Net Worth Update - December 2011
December wasn’t a great month, but that was mainly due to the fact that I finally got a chance to be a home and recalculate my debt that I owe. This change should’ve been reflected back in October but I’ve been working a whole lot and haven’t...
- Net Worth Update For November 2011
November was a good month and saw my assets creep up over $100k. Unfortunuately I still have quite a bit of debt that I'm paying off that I will hopefully be done with late 2012 or early 2013, depends on how much I work since I get paid by the day....
Money and Finance
Net Worth Update - February 2012
February was another great month for my net worth. I had my third $10k+ positive move. Almost half of that was due to my employer's profit sharing hitting my 401k account. Another big chunk was from debt payment. It's good to see that number going down more and more each month. It's one step closer to not having to commit any money towards that and to put it to better use through savings.
I was double checking my formulas in my spreadsheet and noticed that I was counting my 401k and Rollover IRA as liquid assets. Which I guess technically they would be but at huge penalties. That change will be reflected in this month's update.
Current Assets: $125,183.45
Curent Liquid Assets: $50,471.88
Current Debts: -$35,120.70
Net Worth: $90,062.75
My savings rate for February was 73.09% from my take home pay. As usual this doesn't include my 401k contributions. I might start keeping track of savings off of net pay just to see where I stand on that front.
YTD my net worth has increased 30.97% for a total of $21,299.30. It'll be fun to see when exactly I can get my net worth to break the $100k mark. I think April or May will bring that about.
- Net Worth Update - February 2014
While cash flow is more important when it comes to financial independence, it's still good to look at the balance sheet too, which is why I provide these net worth updates. What a difference a month makes. The S&P 500 rebounded from January's...
- Net Worth Update - February 2013
I knew February would end up being a pretty good month with high than normal income and the profit sharing from my employer hitting my 401k. Considering the markets didn't have a repeat 5-6% gain, I got pretty close to topping January's personal...
- Net Worth Update - January 2012
January was a good month with the stock market making a move upwards. I had my second largest monthly net worth gain with a $10,873.17 move upwards. I had a big move from my savings (~$2,600 and debt payment ($2,425). Another $800 came from my ESPP purchase...
- Net Worth Update - December 2011
December wasn’t a great month, but that was mainly due to the fact that I finally got a chance to be a home and recalculate my debt that I owe. This change should’ve been reflected back in October but I’ve been working a whole lot and haven’t...
- Net Worth Update For November 2011
November was a good month and saw my assets creep up over $100k. Unfortunuately I still have quite a bit of debt that I'm paying off that I will hopefully be done with late 2012 or early 2013, depends on how much I work since I get paid by the day....