March 2013 Net Worth Update (+$28,259)
Highlights for March
- We like to take advantage of 0% APR balance transfers and other credit card offers for free money. In January we earned a $500 bonus on a new Capital One Spark credit card.
- Our properties are listed on our balance sheet based on their cost basis, not current market value. We did this while the real estate market was riding high and we continue to do it now during the slide. I believe real estate is too illiquid to list based on recent sale transactions. For those interested, our March Zillow property estimates are: $193,369; $120,123; $292,803 (which recently appraised for $270k); and $231,405.
- March was a big month from an income statement perspective. I received my annual bonus this month as well as received an $8k advance from my employer for something we are working on that I'm hoping to share next month. In the meantime the $8k shows up in "Cash & Savings" and is offset under "Other Liabilities" with a corresponding $8k liability since it hasn't been consumed yet.
- March was also a pretty good month from an investment standpoint with my personally managed portfolio returning 4.5%+ in March.
- I have to admit now with a 3 year old and a 6 month old and my other commitments that I'm starting to struggle to regularly post to this blog. Weeks fly by in the blink of an eye. My family is my priority so posting will likely be more sporadic until my time commitments lighten up.
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