December 2016 Net Worth Update (+$19,452)




Highlights for December

  • Im far behind with updates on the blog for the past several months. Playing catch-up.
  • We closed 2016 with a nice gain offsetting increased spending. Our net worth rose $170,147 in 2016 still comfortably ahead of our financial freedom benchmark, but the next couple years will be key.
  • In December I completed and received a $500 credit card bonus offer and also signed up again for Barclays travel card bonus promotion in anticipation of vacation travel in 2017.
  • Business travel continued with additional trips to Mexico and Hungary in December. As I've mentioned before these days my personal expenses run higher with business travel so I am still looking for techniques to minimize/eliminate the impact. On the plus side I still accrue significant frequent flyer benefits so its not all negative.
  • In December we purchased $2,700 worth of Target gift cards with a promotion discounting the gift cards by 10%. We do the majority of our shopping at a Super Target close to our home so we expect to consume those gift cards within 6-9 months without any alterations to our spending habits.
  • Spending was up significant in December with holiday gift giving.

Related in Net Worth:

July 2018 Net Worth Update (+$52,101) (Aug 03, 2018) Highlights for JulyI come out of July feeling optimistic all the way around. We had positive developments on numerous fronts including the bottom line.In July we purchased our 5th rental property! The property market is very hot around our...

June 2018 Net Worth Update (+$22,779) (Jul 08, 2018) Highlights for JuneIn June our activity picked up a bit and we closed with another solid month in the books.Our largest individual stock holding (Genworth) had a breakout month as the US govt (CFUIS) approved the deal for it...

May 2018 Net Worth Update ($20,481) (Jul 04, 2018) Highlights for MayIn May we closed on some long term financing (5.375% 30 yr fixed) for our rentals that we used to pay off our equity line and reloaded our cash for the next acquisition. Ive started looking for...

Comments (0)


Post a comment

(Comment moderation enabled.)

About 2millionblog.com

A personal finance weblog of my journey to reach my goal of $2 million + the value of my primary residence.
Current Net Worth: $1,938,393

Sponsors

New Personal Finance Articles




PF Blogs