Monday, December 3, 2012

November Net Worth

As of the end of November our Net Worth increased to $ 1,056,685 from $1,050,770 for the month which is a 0.56% increase. We are still slowly moving above the $1M barrier which we first broke in March. The increase in net worth is tied to the small increase in the stock market for the past month.

The breakout is as follows:

ASSETS
Retirement Accounts $547,983
Taxable Accounts $151,681
Cash $49,002
Home $205,000
Other Real Estate $147,500
Cars $16,400
Personal Property $3,000
Kids 529 Accounts $49,046

DEBT
Other Mortgage $108,477
Car Loan $4,450

NET WORTH
$1,056,685

We use our 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 of $4,450 since we purchased a new car in October 2011.

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 Tuesday.