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September net worth update

September 21st, 2009 at 03:23 pm

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
10,725 pounds ($21,450)
NT's 401(k): $6,191
AS's 403(b): $2,888
AS's CD: $500
AS retirement savings: $605
CJ's 401(k): $29,296
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $6,177
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Total Assets: $501,607

Total Debt: $389,562

Current Estimated Net Worth: $112,045

August 2009 estimate: $105,301

Change in net worth: +$6,744

Summary: Retirement funds were up up up, and debt went down down down. I'd have to check past entries but I think this is one of our best monthly gains ever!

Our total assets finally rose back above the half-million mark again, where they haven't been in a long time!

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. 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 $1.50 per British pound.

3 Responses to “September net worth update”

  1. Petunia Says:
    1253547352

    It must feel great to see such a gain. Congratulations!

  2. ceejay74 Says:
    1253550563

    Thanks Petunia! It's been frustrating during the recession when our home and 401(k) values plummeted faster than we paid off debt, so I'm really happy to finally see it grow--and fast!

  3. Broken Arrow Says:
    1253556329

    Great outlook!

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