December 2005 Net Worth Update (+$3,539)
| | Nov-05 | Dec-05 | Change | % |
| Cash | $ 3,355.59 | $ 6,767.92 | $ 3,412.33 | 101.69% |
| Saving | $ 30,980.74 | $ 31,578.16 | $ 597.42 | 1.93% |
| Brokerage | $ 40,820.91 | $ 41,444.02 | $ 623.11 | 1.53% |
| Roth IRA | $ 20,080.20 | $ 20,508.99 | $ 428.79 | 2.14% |
| 401(k) | $ 66,507.31 | $ 71,494.39 | $ 4,987.08 | 7.50% |
| Stock Option | $ - | $ - | $ - | 0.00% |
| ESPP | $ 31,598.51 | $ 29,249.98 | $ (2,348.53) | -7.43% |
| Rental Equity | $ 40,476.04 | $ 40,842.21 | $ 366.17 | 0.90% |
| Other Assets | $ - | $ - | $ - | 0.00% |
| Receivable | $ - | $ - | $ - | 0.00% |
| Reserve Funds | $ - | $ - | $ - | 0.00% |
| Loans | $ (30,368.38) | $ (31,894.81) | $ (1,526.43) | -5.03% |
| Tax Liability | $ - | $ (3,000.00) | $ (3,000.00) | - % |
| Total | $ 203,450.92 | $ 206,990.86 | $ 3,539.94 | 1.74% |
Highlights for December
-All credit card debt (except current month's purchases) is in the form of 0% APR balance transfers earning interest in my savings accounts.
-I saved some money on a car repair by buying the car parts myself and having the mechanic install them.
-I added an estimated $3,000 in tax liability to offset my estimated increased tax liability.
-I began thinking about what my 2006 net worth goal should be and finalized my net worth goal for 2006 at $265,000.
-I determined my annual saving rate for 2005 was almost 57% of my pre-tax income.
-After I met my 2005 net worth goal, I splurged and took advantage of some of the after christmas sales to celebrate my success.
Stock Investments for December (Outside of 401k & ESPP):
$1150 in Pfizer DRIP
$200 in Roth IRA
Comments (3)
DATE: 10:34 AM
Congrats on meeting and surpassing your goals!ncnblog.com
Posted by ncnblog | September 10, 2006 3:05 PM
DATE: 4:23 PM
Congrats on ending positive going into the new year. Since I am more of a visual person, I entered the net worth percent changes for the past four months (when available) of personal finance bloggers and created the following graph. I will include your data shortly.http://neos-nest-egg.blogspot.com/2006/01/personal-finance-bloggers-net-worth_03.htmlNeo
Posted by Neo | September 10, 2006 3:05 PM
DATE: 7:39 AM
If I was a thief I would have some clues about you !I learnt once that money can help to bring happiness but you better have to be a bit discret about it usually if you want to enjoy it.Good luck anyway !
Posted by Marc | September 10, 2006 3:05 PM