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January 2010 net worth

January 19th, 2010 at 08:25 am

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
14,721 pounds ($29,442)
NT's 401(k): $7,248
AS's 403(b): $2,888
AS's IRA: $1,601
CJ's 401(k): $32,030
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $7,652
---
Total Assets: $515,361

Total Debt: $380,040

Current Estimated Net Worth: $135,321

December 2009 estimate: $131,418

Change in net worth: +$3,903

Summary: Despite my dad's best (unintentional) efforts to sabotage our progress by not cashing the checks I gave him, we made some nice progress this month. Our retirement accounts showed good gains, and we paid off a bit of debt.

I will update my "Individual Net Worth" page shortly so you can see how it breaks out.

Notes on the numbers above: House value estimates are conservative. I don't have a way to check NT's UK pensions or flat value, so their values stay static for the purpose of this update (unless I happen to get some info by chance). UK asset values and debt amounts are calculated figuring $2 for every British pound, which was the exchange rate when I started keeping track. I maintain that ratio for the purpose of tracking progress, even though the exchange rate is now closer to $1.60 per British pound.

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