I calculate our net worth every three months, just to see how we're doing. We're now at $1,072,306 (up from $1,023,088 last quarter)! Yay! (This is mostly our two houses... one will be paid off next summer and the other - the one we live in - will be paid off in 2020 at the latest but I'm hoping it's sooner).
The Dublin house has only $7000 left on the mortgage, and the value is going up, but we will pay a lot of taxes when we sell which is a bummer. So I probably should have put that in the liabilities column.
It seems odd that our net worth is good, and I'm super happy about it, but I only have $68 to spend on groceries for this week. Argh! And we are having people from D's work over for dinner tonight. I am making a nice pasta dish (with sundried tomatoes and white wine - already have both - and rocket/arugula - also have - and shrimp - have about half what we need).
Net Worth
June 29th, 2014 at 05:22 pm
June 29th, 2014 at 06:56 pm 1404064567
When you have company for dinner can you draw from an entertainment category since it increases food costs?
June 29th, 2014 at 08:00 pm 1404068410
June 29th, 2014 at 10:33 pm 1404077617
I may add the houses in at the end... I have subcategories so I can see how the value of the other investments goes up... The second house is a big chunk of our retirement savings, though... we rent it out for income now (that we use to pay down the mortgage of the house we live in).