December Net Worth

As of the end of December our Net Worth increased to $938,892 from $928,483 for the month which is a 1.12% increase. The increase in net worth is tied to the increase for the stock market in December. The S&P 500 was up 1.02% for the month of December.

The breakout is as follows:
ASSETS
Retirement Accounts $480,963
Taxable Accounts $143,152
Cash $28,114
Home $205,000
Other Real Estate $140,000
Cars $18,700
Personal Property $3,000
Kids 529 Accounts $42,116

DEBT

Other Mortgage $110,942

Car Loan $10,811

Credit Card $400

NET WORTH

$938,892

Here is the summary for this month:

The stock market was up for the month of December. The S&P 500 was up 1.02% for the month and that accounted for most of our increase in value.

We now have $400 in credit card debt that is interest free for 12 months. The money was used to furnish our new investment condo. We will continue to use our other credit cards for rewards but pay off the balances each month. All dividends received this month went toward paying down debt.

We also have a car loan for $10,811 since we purchased a new car in October.

We will be paying down debt and trying to building up our cash over the next few months to increase our cash reserves. You can click on my Net Worth graph on the right to see the changes in each category from the previous month. We continue to fund our Roth IRA's each month.

I will post my Dividend Income Update on Wednesday.