While I find it fascinating to read about other people’s net worth, I’ve never bothered to figure out my own. With the start of the new year, I thought it would be fun to do. This is me, upping my personal transparency bar.
Assets
- House: $255,400. Estimated market value according to the county tax assessor.
- Cars: $23,445. Kelly Blue Book suggested retail value for both of our vehicles and my motorcycle.
- Checking accounts: $2,974. I have accounts spread across three banks.
- Savings accounts: $4,779. I have savings accounts spread across a few banks. This does not include my kids’ accounts, even though they are in my name. This includes every savings goal I have at the moment.
- CDs: $1,095. I consider this a part of my emergency fund.
- IRAs: $11,172 (Do you know your IRA contribution limits? Do you have a Roth IRA?)
- Total: $298,865
Liabilities
- Mortgage: $33,978
- Car loan: $1,226. This will be paid off this month.
- Credit card: $23,524. This is the next target of my debt snowball.
- Total: $58,728
Overall: $240,137
Update: I wrote and scheduled this before I paid off my car loan.
Woot for great home equity!!! Our house is only worth $130,000 and we still have $68,000 to pay off…
Thanks for the update! As you’ve probably noticed, I post ours the first business day of every month (it’s the post 1 minute before my blog stats and income update since it’s less popular, lol). 🙂
We got our house shortly before the market went nuts and watched the value triple of the last 12 years. I haven’t decided how often I’m going to post my net worth. It’s taken almost 14 months to do it once. That’s a lot of transparency.
Feels a little like flashing, right? I like it, but I don’t know what that says about me, lol.
Nah, I’m comfortable with flashing. 🙂
My goal is near-total transparency, but that will be a gradual process.
Your mortgage balance looks good!
Thanks. That was one thing we had help on when we were getting started. That left us with a 15 year fixed mortgage with a reasonable payment, instead of working 2 weeks just to keep the roof over our heads.