Assets:
NT's UK pensions: 7,250 pounds ($14,500)
14,721 pounds ($29,442)
NT's 401(k): $7,400
AS's 403(b): $3,237
AS's IRA: $1,681
AS's 401(k): $104
CJ's 401(k): $31,406
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $8,256
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Total Assets: $516,026
Total Debt: $372,825
Current Estimated Net Worth: $143,201
January 2010 estimate: $135,321
Change in net worth: +$7,880
Summary: My dad cashed all the checks I gave him since my last update, so our net worth skyrocketed! I would be happier if I hadn't gotten a disturbing piece of mail: My property valuation by the county went down from about $151K to about $137K. Yikes! I haven't changed it on the info above because I go by sale prices, so I'll start watching for how comparable units in my condo are selling, and adjust my assets next time if necessary.
In other good news, though, I got a peek at how AS's old 403(b) account is doing--it's been gaining 6% all along, but I wasn't able to see that, so I got to record it as a nice lump gain this time. She also opened her 401(k) at her new job and we added $80 to her IRA. So her individual net worth should show a nice little bump (which may or may not be crushed next month by our condo's falling value, but c'est la vie).
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.
February 2010 net worth
February 22nd, 2010 at 05:01 pm