Home > Net Worth

Net Worth

2015 Wrap Up and Net Worth Report

measuring assets and liabilites

Looking back, it’s been well over a year since I did a net worth update. Part of the reason is because it feels a bit like going out in public wearing only underwear. While I don’t feel totally comfortable being transparent; posting financial stats, good or bad, has always helped us grow. Here’s to hoping that trend will continue. Cash and Retirement Assets Cash: $43,041. I had hoped to whittle this number down to around $20,000 because cash in a savings account isn’t much better than cash under the mattress, but we do have about $12,000 in property and income taxes coming up in the next month or so. With our rental properties always being wild cards and a possible bathroom remodel happening later this year, it makes us feel better to have a good stash of cash. If we decide to forgo the remodel, we’ll find a better place to invest. Retirement Accounts (401k, IRA’s, 403b): $271,338 HSA: $19,841 Non-Retirement Investments: $11,896 Daughter Net Worth Technically this is still our money but will go to fund college or other worthwhile expenses for our daughter someday. Daughter 529 plan: $13,476 Daughter Roth IRA: $11,423 Daughter Brokerage Account: $275 Real Estate Assets ...

Read More »

Investment and Net Worth Update

our beach trip

Happy Friday everyone. I’ve been trying to make up for being on vacation last week by working all five days. Let me tell you, a 40 hour work week is for the birds. It makes me really want to buckle down so that I can be on vacation all the time (or at least not in the office). I’m thankful to have work, but working part time has certainly spoiled me. Because I want to keep dedicated to the idea of financial independence and all the freedom that comes with it, I thought it was a good time to share some numbers regarding our investments so far this year and the direction of our net worth. Plus, I really want to be in the Million Dollar Club at Budgets Are Sexy. Do you get a t-shirt with that? I don’t expect anyone to compare themselves with us. We’re all on our own path. If you haven’t planned for which direction you want your path to lead, today is the day to start. For a recap of our net worth from last October, you can check out in this post. Assets: Cash: $64,288. We’ve been hoarding cash for a tax bill ...

Read More »

First Ever Net Worth Report


    Well it’s the moment you’ve all been waiting for, I’ve finally decided to post the Eyes on the Dollar Net Worth. I’ve seen some other bloggers who do this, and it usually inspires me to do better myself. I use a spread sheet in Google Documents to track our net worth so I don’t have to do any math. Determining net worth is easy. Add up what you own.Then, add up what you owe, and subtract the difference. Don’t get discouraged if you don’t come up with a positive number. We had a negative net worth for a long time. As long as you are moving toward positive, that’s the important part. I don’t expect that anyone else should have the same assets or liabilities that we do. Personal finance is personal, and everyone is at a different place in their journey. We all have different goals and time frames to achieve those. Let Me Explain   A few points before I share the numbers:  Yes, we probably have too much in cash. We have rentals, and something major could always need repair. I also sold a portion of my business this year, and I’m not sure what ...

Read More »