retireby50's Net Worth for December 2012


Assets Value Change ($) Change (%)
Cash $406 ($187) (31.53%)
Stocks $18,429 $732 4.14%
Bonds $0 - -
Annuities $0 - -
Retirement $78,543 $3,584 4.78%
Home $0 - -
Other Real Estate $0 - -
Cars $18,000 ($1,000) (5.26%)
Personal Property $0 - -
Other Assets $3,799 $304 8.70%
$119,177 $3,433 2.97%
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $48,000 $21,093 78.39%
Car Loans $0 - -
Other Debts $0 - -
Total Debts $48,000 $21,093 78.39%
Net Worth $71,177 ($17,660) (19.88%)
*All values shown in USD ($)
Notes:
Huge financial change has occurred this month as I have inherited approximately $20,000 worth of debt from my mother. Unfortunately, my mother accumulated a lot of debt over the years and now I have decided to intervene and pay down a portion of her debt so she can focus on other financial matters. It does suck a little bit, but this is the woman who gave me life and sacrificed so much for me to be in the position that I am today. As I have done before, I will continue to pay down my debt slow and steady until I attain a zero balance in the future.

Comments