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July 2010 Net Worth

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For anyone new to BFS, I post a net worth update at the beginning of every month in order to keep myself motivated and to involve BFS readers. Please feel free to ask questions, make suggestions, or even post your net worths too. I am a participant-motivated blogger, so please jump on in. I calculate our net worth as listed below. I don’t include the value of our possessions, I round down to the nearest hundred for assets, and I round up to the nearest hundred for liabilities. I also don’t include my husband’s pension account since I’m too lazy to keep up with it and it shouldn’t actually matter until he retires. Assets 1. Cash – $9900 ($3600 down.  We had another $300 in vet bills, $600 for final cruise bill, the final grad school bill was $2000, and we paid off the remaining $4600 of the car loan…BIG MONTH!  Thankfully, we also got a few paychecks that helped.  :-)) 2. Stocks – $16,800 ($1000 up) 3. Retirement – $35,800 ($3200 up) 4. Home – $130,000 (same) 5. Cars – $14,000 (both of our cars took a $1000 hit this month, lol…at least they’re paid off) Liabilities 1. Home … Read more…

June 2010 Net Worth

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For anyone new to BFS, I post a net worth update at the beginning of every month in order to keep myself motivated and to involve BFS readers. Please feel free to ask questions, make suggestions, or even post your net worths too. I am a particpant-motivated blogger, so please jump on in. I calculate our net worth as listed below. I don’t include the value of our possessions, I round down to the nearest hundred for assets, and I round up to the nearest hundred for liabilities. I also don’t include my husband’s pension account since I’m too lazy to keep up with it and it shouldn’t actually matter until he retires. Assets 1. Cash – $13,500 (we paid off $4000 of the car loan, paid $500 for the rest of the cruise, and paid $2600 for dental work) 2. Stocks – $15,800 3. Retirement – $32,600 4. Home – $130,000 5. Cars – $16,000 Liabilities 1. Home – $71,600 2. Car – $4,600 (We made an extra $4000 principal payment in mid-June and our regular payment at the end of the month as usual) Total Net Worth = $131,700 instead of $135,500 Increase/Decrease = Down $3800 from last month 🙁 It … Read more…

May 2010 Net Worth

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For anyone new to BFS, I post a net worth update at the beginning of every month in order to keep myself motivated and to involve BFS readers.  Please feel free to ask questions, make suggestions, or even post your net worths too.  I am a particpant-motivated blogger, so please jump on in. I calculate our net worth as listed below.  I don’t include the value of our possessions, I round down to the nearest hundred for assets, and I round up to the nearest hundred for liabilities.  I also don’t include my husband’s pension account since I’m too lazy to keep up with it and it shouldn’t actually matter until he retires. Assets1. Cash – $20,800 (we had vet bills, bought $5000 of stock, and paid for most of a cruise for next month)2. Stocks – $16,2003. Retirement – $33,600 ($2400 loss, ouch)4. Home – $130,0005. Cars – $16,000 Liabilities1. Home – $72,2002. Car – $8,900  (We made an extra $650 principal payment in mid-May and are waiting for our regular payment to clear) Total Net Worth = $135,500Increase/Decrease = Down $1700 from last month  🙁 It sucks to go down, but that’s not as bad as it could have been.  We lost $2400 in the retirement accounts alone … Read more…

April 2010 Net Worth

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For anyone new to BFS, I post a net worth update at the beginning of every month in order to keep myself motivated and to involve BFS readers.  Please feel free to ask questions, make suggestions, or even post your net worths too.  I am a particpant-motivated blogger, so please jump on in. I calculate our net worth as listed below.  I don’t include the value of our possessions, I round down to the nearest hundred for assets, and I round up to the nearest hundred for liabilities.  I also don’t include my husband’s pension account since I’m too lazy to keep up with it and it shouldn’t actually matter until he retires. Assets1. Cash – $25,500 (we paid for grad school’s 1st summer session…yuck)2. Stocks – $12,300 ($100 loss…icky)3. Retirement – $36,0004. Home – $130,0005. Cars – $16,000 Liabilities1. Home – $72,7002. Car – $9,900  (We made an extra $500 principal payment in mid-April, yay!) Total Net Worth = $137,200 Increase/Decrease = Up $3800 from last month That’s way better than I was expecting due to grad school.  We’ve been living on less lately since we’ve been staying in a lot.  Hubby’s been working on grad school and I’m a paid blogging woman now.  Those two link … Read more…

March 2010 Net Worth

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Our net worth has hit $3 million and we’re retiring this week.  April Fool’s!  Sorry, but I felt like I had to make at least a lame attempt…it’s tradition… To get serious, we calculate our net worth as listed below.  We don’t include the value of our possessions, we round down to the nearest hundred for assets, and we round up to the nearest hundred for liabilities. Assets1. Cash – $24,5002. Stocks – $12,4003. Retirement – $34,5004. Home – $130,0005. Cars – $16,000 Liabilities1. Home – $73,3002. Car – $10,700  (We made an extra $1000 principal payment in mid-March, woot!) Total Net Worth = $133,400 Increase/Decrease = Up $5300 from last month I base the value of our home on two things: comparables selling in our neighborhood and the estimated appraisal by Chase Home Value Estimator.  I will always estimate low. I base the value of our cars on Kelley Blue Book’s Private Party Value of our vehicles in “Good” condition truncated down to the nearest $1000.  For example, if my car is valued at $4600, I’d calculate that as $4000. Please feel free to visit the archive to see our past net worths.

January 2010 Net Worth

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I wanted to use this blog to be as open as possible with our finances and to create a lasting record.  With that in mind, I’ll start off by posting our current net worth. We calculate our net worth as listed below.  We don’t include the value of our possessions, we round down to the nearest hundred for assets, and we round up to the nearest hundred for liabilities. Assets 1. Cash – $21,000 2. Stocks – $11,700 3. Retirement – $31,400 4. Home – $130,000 5. Cars – $17,000 Liabilities 1. Home – $74,400 2. Car – $12,000 Total Net Worth = $124,700 I base the value of our home on two things: comparables selling in our neighborhood and the estimated appraisal by Chase Home Value Estimator.  I will always estimate low. I base the value of our cars on Kelley Blue Book’s Private Party Value of our vehicles in “Good” condition truncated down to the nearest $1000.  For example, if my car is valued at $4600, I’d calculate that as $4000. How is your net worth coming?  Anything you’re trying to change?