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Archive for September, 2019

August & September 2019 debt payments!

September 3rd, 2019 at 12:11 pm

So turns out I never recorded my August debt pay-down. I don't think that's happened in 12 years!!

I don't know what the exact amounts were, so I'm just recording a combined August and September amount here. It does explain why my debt hadn't gone down for my net worth update--I thought it was because I'd recorded August early but apparently it was because it wasn't reflected at all!

US mortgage: $1,505 to principal in August/September
UK1: $361
UK2: $76
UK3: $82

All told, that's $2024 paid toward debt in August and September.

Current debt totals:
US Mortgage $376,468
Loan from friends (duplex) $9,000
UK Mortgage 1 $29,785
UK Mortgage 2 $6,279
UK Mortgage 3 $6,611
---
TOTAL DEBT $428,143

August 2019 net worth update

September 1st, 2019 at 09:02 pm

Assets:
NT's UK pensions:
AV: 22,397 pounds ($27,996)
SW: 28,134 pounds ($35,168)
FL: 6,462 pounds ($8,078)
NT's 401(k): $78,579
NT's Roth IRA: $37,121
AS's trad. IRA: $20,071
AS's Roth IRA: $57,186
AS's SEP IRA: $31,975
AS's cash: $2,259
CJ's 401(k): $144,812
CJ's Roth IRA: $41,317
NT's flat: $212,500 (200,000 pounds value x1.25 -15%)
CJ/NT/AS house: $427,281 ($454,554 value -6%)
---
TOTAL ASSETS: $1,124,343

Debts:
US Mortgage $377,973
Loan from friends (duplex) $9,000
UK Mortgage 1 $30,146
UK Mortgage 2 $6,355
UK Mortgage 3 $6,693
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TOTAL DEBT $430,167

Current Estimated Net Worth: $694,176

July 2019 estimate: $700,039

Change in net worth: -$5,863

Summary: Well, our $700K milestone was short-lived...all our accounts lost worth, and our contributions couldn't keep up. Plus, we already calculated August debt repayment in our July net worth, so we didn't have a reduced debt number to offset the market losses.

Notes on the numbers above: House value estimates are approximate. (I do have my eye on a comparable listing for the UK flat, but it's been on the market a long time.) UK pension values updated about once a year. UK asset values and debt amounts are calculated figuring $1.25 for every British pound.