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Home > December 2009 year-end net worth update

December 2009 year-end net worth update

December 21st, 2009 at 09:08 pm

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
14,721 pounds ($29,442)
NT's 401(k): $6,900
AS's 403(b): $2,888
AS's IRA: $1,481
CJ's 401(k): $30,658
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $6,771
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Total Assets: $512,640

Total Debt: $381,222

Current Estimated Net Worth: $131,418

November 2009 estimate: $127,671

Change in net worth: +$3,747

Summary: I decided to do my net worth calculation at the usual time of month, and to count this as my year-end net worth, even though a couple small payments will go through by the end of the year. It seems more consistent this way.

Our retirement accounts barely increased at all, but of course we paid off my Capital One personal loan, so our net worth still saw a healthy increase.

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.

3 Responses to “December 2009 year-end net worth update”

  1. Apprentice Bliss Hunter Says:
    1261442607

    Great work !!

    A six-figure net worth is a long long way away for me... it seems at the moment anyway...

    I'm hoping to break the 10,000 barrier by the end of this year or maybe next month..

    But enough about me.. I think you are in a healthy position... just keep on keeping on doing a hatchet job on that debt !! :-)

  2. ceejay74 Says:
    1261444679

    Thanks Apprentice! Keep in mind we're three adults, so divide that number by three, and that two of us are a bit older than you. Smile Plus, it's all NT at this point. He bought a home early and always contributed to his pensions, so his net worth is staggering compared to mine (less than $10K) and AS's (still negative at this point).

  3. Apprentice Bliss Hunter Says:
    1261486437

    Ceejay I feel like I'm in great company having a similar net worth to yourself !! I admire your intellect and way of thinking about things.. :-)

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