Assets:
Checking: $1,247.39 (-$7,189.42 change from last month). I like to keep around $1,000 in our checking account just in case we need cash for something or I forget about a check I wrote.
Savings: $6,507.76 (431.13 change from last month). I have started to put a little bit of money into my savings account each month. I would like to get this up to $10,000 by the end of the year. I have no reason why, but I would like to have a little bit more liquid cash available.
Investments: $139,018.74 (-$394.80 change from last month). This includes our 401ks and dividend stocks. Even though we put in several thousand dollars it wasn’t enough to offset the losses in the stock market last month so we ended up negative a little.
Property: $239,615 (-$583.00 change from last month). This includes our home value via Zillow and our vehicles via KBB. Pretty much every month this goes down some.
Total Assets: $386,388.89, which is a decrease of $7,736.09 for the month
Liabilities:
Credit Cards: $5,164.72 (-$1,732.75 change from last month). We pay these off every month, so I am not sure the change is important.
Car: $48,148.46 ($1,268.31 change from last month). Yes, we have one car payment with a high balance. I will be glad when this is paid off…in three years!
Home: $128,025.55 ($1,462.95 change from last month). We are paying this off early. We are hoping to use our house to buy a sailboat when we retire. The goal is to get this to $0 so when we sell it, we can use all the money to buy a sailboat.
Total Liabilities: $181,338.73, which is a decrease of $4,464.01 for the month
Total Net Worth: $205,050.16, which is decrease of $3,272.08.
I am very sad that our net worth went down. However, we only got paid half our normal income in January, so if we had gotten paid the normal amount we would have been positive for the month. If you are wondering why, we got paid extra in December and so we got paid less in January. This happens every year and to keep the numbers matching actual dollars in accounts I don’t “move” some of that income to January. December will always be amazing and January will always suck.
Adventure to Retirement 