kinless' Net Worth for January 2016


Assets Value Change ($) Change (%)
Cash $66,838 ($1,798) (2.62%)
ULI Total Value $5,185 $53 1.03%
Retirement $83,935 ($3,662) (4.18%)
Home $542,500 $1,500 0.28%
Other Real Estate $0 - -
Cars $3,500 ($500) (12.50%)
Personal Property $17,000 - -
Other Assets $0 - -
$718,958 ($4,407) (0.61%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $286,110 ($591) (0.21%)
Other Mortgage(s) $0 - -
Credit Cards $1,353 ($2,345) (63.41%)
Car Loans $0 - -
Other Debts $0 - -
Total Debts $287,463 ($2,936) (1.01%)
Net Worth $431,495 ($1,471) (0.34%)
*All values shown in USD ($)
Notes:
The stock market for 2016 isn't looking pretty. Could have been worse, but that sure wasn't a great start. At least I have 30+ more years to weather the ups and downs. Contributions to the retirement fund are now at $400/month, which I will keep upping every 6 months until the IRA contribution limit is reached (hoping it'll be raised to $6000/year soon so I can reach a plateau of $500/month). With increases in insurance and property tax, monthly expenses have risen slightly so I've had to adjust budgets accordingly. Lucky for me I had a decent start on freelance jobs, which covered most of the huge debt racked up on credit cards the last few months. February should see a return to normal in that department. Provided Apple does what I hope they'll be doing, this will be the year I purchase a new computer workstation. My current machine is 8 years old and definitely starting to show its age. I'll probably need a new desk to go with it in my office, as the current one is awfully cramped. The whole package will definitely set me back a bit, but it's been on the calendar forever so it's not unexpected. I have until at least the summer to prepare for it. In the meantime, more scheduled freelance means I'm definitely on a healthy path to reaching $20,000 in the business account by next year. Let's keep running.

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