ZenFinance's Net Worth for January 2023

Assets Value Change ($) Change (%)
Cash $45,648 $3,545 8.42%
Stocks $105,554 ($3,293) (3.03%)
Bonds $20,400 - -
Annuities $0 - -
Retirement $841,010 ($13,617) (1.59%)
Home $460,000 - -
Other Real Estate $940,000 - -
Cars $100,000 - -
Personal Property $20,000 - -
Other Assets $2,276 $805 54.72%
$2,534,888 ($12,560) (0.49%)
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $307,396 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $307,396 - -
Net Worth $2,227,492 ($12,560) (0.56%)
*All values shown in USD ($)
Results for the end of 2022


1/3/2023 10:17:36 AM ZenFinance
Our goal for 2023 was to hit $2.5M and instead this is the first year that we lost $50K in net worth. We dumped in a lot of money into the market but all things considered ending up down 2% in this market is not the worst. Our goal for 2023, is to enjoy our money more and save less. I may not be rich but I feel that we have enough of a cushion to allow us to focus on enjoying the journey instead of only focusing on the destination.
1/4/2023 3:53:33 PM retire4lyfe
We are right there with you, I think this is the first year we have ever lost net worth, close to 3% down for the year. It really hurts since we sold a home and netted 200k over the valuation we had in for December 2021, on top of all the savings we did this year. I understand what you mean about not being rich, but having enough of a cushion to enjoy life a bit more and not worry about things so much. It's a good feeling! Things will recover eventually we just have to stick to the plan.
1/6/2023 3:49:15 PM girlnextdoor
It makes me laugh to read these comments from you guys about "not being rich" but having enough to loosen up a bit. It's funny how perspectives are so different .... my NW is much less than either of you, but probably more than what my parents will have to retire on, when they retire in a few years. By my late 20s my income was higher than my parents' have ever been. And I consider myself rich because I was further ahead in life by 35 than I ever dreamed of when I was a kid, and can buy literally anything I want if I chose to spend my money on it (I just don't really want much, but I do actually buy almost anything I decide I want). I'm glad you guys are getting comfortable with where you are and are able to start enjoying what you have a bit more! I hope you guys have a great 2023!
1/10/2023 10:30:52 AM retire4lyfe
gilnextdoor - I agree my perspective has changed over the years. I never dreamed of being as blessed as we are today. When I graduated high school, I always thought if I had a million dollars I would be set, but today it takes 2 million to have the same buying power as a million did back then. I also have kids and college for them and a spouse to consider now and that changed my perspective. I never could afford a 4 year degree and did not find a job paying more than 50k until my late 30's, my spouse does have a degree and changed my perspective as well. I remember those hard times and am frugal now so I don't have to worry about that in the future, I guess that is why I "don't feel rich". You said your NW is much less than ours, but to compare apples to apples you need to look at our net worth at your age and you will see you have a higher net worth than we did at your age. I'm happy for you and hope you do better than we over the next 10 years or so. Have a great and blessed 2023!
1/23/2023 8:31:39 AM ZenFinance
@girlnextdoor, I guess it's all about perspective. I always imagined being rich as having the means to do whatever your heart desires and not impact your NW. The problem is that as time goes on, my desires have grown which in turn costs more money, This is 100% lifestyle creep and I am ok with that. I know that when push comes to shove, I can always reduce my lifestyle.