December Net Worth

As of the end of December our Net Worth increased to $1,065,301 from $1,056,685 for the month which is a 0.82% 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 $554,135
Taxable Accounts $152,167
Cash $49,367
Home $205,000
Other Real Estate $147,500
Cars $16,200
Personal Property $3,000
Kids 529 Accounts $49,928

DEBT
Other Mortgage $108,240
Car Loan $3,756

NET WORTH

$1,065,301

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 $3,756 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 Wednesday.