cdedbdwings' Net Worth for December 2010


Assets Value Change ($) Change (%)
Cash $13,906 ($2,024) (12.71%)
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $228,561 $34,155 17.57%
Home $225,000 - -
Other Real Estate $0 - -
Cars $11,250 ($3,000) (21.05%)
Personal Property $0 - -
Other $0 - -
$478,717 $29,131 6.48%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $134,706 ($6,409) (4.54%)
Other Mortgage(s) $0 - -
Student Loans $71,737 ($2,881) (3.86%)
Credit Cards $0 ($22,176) -
Car Loans $0 - -
Other $0 ($16,000) -
Total Debts $206,443 ($47,466) (18.69%)
Net Worth $272,274 $76,597 39.14%
*All values shown in USD ($)
Notes:
This month we transferred MS's 401K from Fidelity (her company sold out to Catholic Health Initiatives so her retirement switched accounts.) to Edward Jones, so we had some fees involved there. The stock market gained slightly in December. We also celebrated that we paid off our taxes from 2007 after my heart attack in 2005. The tax bill was as high as $21000 at one point. We paid off $45738 in 2010 in debt vs $48521 in 2009 (total: $94269 since we started the debt snowball in Jan. 2009). That's pretty good in light of going to London to visit Brandon & Philly in 2010 and the business was down from July to December from the year before. We had some usual Christmas spending so our debt payments in December was dowmn this month. Marcella gave us $2500 for Christmas which is in savings this month but we will add it to MS's Roth IRA next month for 2011. At 272K, we are at our highest net worth to date, growing just over $76k for the year. Since we started the Debt Snow Ball in January, 2009 it's grown from just over $100K to $272K today, or over $172K or $86K per year average.

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