Jan 2025 - Net Worth Calculation ($191,709.9) => +1.68% from Dec 2024

Assets:

The assets I have included include the following categories: savings/checking accounts, cash, Venmo account, investment property equity & retirement accounts.

Net Worth Increase: +$3,171.77

401K increase: -2.23%

Total Assets: $207,331.13

Liabilities:

Credit Card: $59.19

Basement Loan: $15,7562.55

Total Liabilities: $15,621.74

TOTAL NET WORTH: $191,709.39

Happy New Year! It is one of my favorite days of the year, January 1st. That's because I get to reset my budget, review my net worth, and see how my goals turned out for the previous year. But first, a summary of December. The month was good, but went by quickly as it always does when you are busy trying to see family/ friends and get preparations ready for the holiday. My mom and stepdad came in one weekend so we enjoyed hanging out with them: doing a food tour in Ohio City, seeing a comedy show at Hilarities, going to the casino, opening presents, and playing games. I got to see my aunt from New Jersey another weekend as well. Part of the group I play volleyball with on Friday nights in the summer got together for a tournament and we won! Christmas itself was very nice as well. I got some cool gifts including a power washer, cooking class gift card, a new chess set, some work pants, a new golf club, golf hat, a new book, and many other generous gifts. Looking ahead to January, most of my weekends are booked up already which isn't surprising but what I was somewhat trying to avoid. I would like to spend more time not running around on the weekend.

Now to the goals past and present. Last year, I set 11 goals for myself and I achieved 6 of them which I think is pretty good. This past year was the first year I grossed 6 figures so that was a huge goal that I'm glad I accomplished. Looking ahead, I don't know if I'll be able to write any more Chumba since they have blocked my account. I now also don't feel the need to pick up a new side hustle since my W2 will get me over 100K, so I don't have an income goal. I also don't think I will be in a position to buy any more units. Ideally, I could save up 10K per property in case something major were to happen and then buy my next unit. I would like to complete a Hard 75 to start the year and I want to get more into calisthenics, but I don't know exactly what that will look like... I don't really know where to begin. I want to get better about going to church so that will definitely be a goal. Maybe some type of volunteer work? I'm not sure what that would look like either.

My net worth on Jan 1, 2024 was $135,890.99. So, in one year's time my net worth has increased by 41%! Which is amazing. If I can do that every year, I believe everything will be just fine. Hopefully when I look back on this on Jan 1, 2026, my net worth will be $250K or more!

*Note: I now include equity in my primary mortgage in my assets because it is considered an investment.

2025 Goals:

1. 46% savings rate

2. Read/ Listen to 8 books

3. Complete Hard 75

4. Go to church 26 times in person

5. Harvest a buck that scores 120 or better

6. Do 2 things to give back to the community in a physical way

7. Break 100 on golf course

8. Find or try 3 new fishing spots

2024 Goals:

1. GF's Fitness goals for me

   1. Complete Spartan Super within an hour

   2. 5 min plank

   3. 10 sec flag hold

2. 100 Chumba cards per month/ 1200 for the year

   1. Currently 953 for the year

3. 100K gross per year: 92K from Cigna, 3.6K Agent, and 4.4K Misc

4. 45% Savings Rate

   1. Currently 45%

5. Listen/ Read 6 Books

   1. How a Man Thinketh

   2. Shoe Dog

   3. 100M Offers

   4. The Almanack of Naval

   5. ACOTAR

   6. Meditations

   7. Name of the Wind

6. Harvest a mature, Ohio buck

7. 280 lb benchpress, 335 lb squat, 100 lb pull up (715+ total).

8. Church (in person) every other week

9. Acquire 2 more units or a business

10. Read entire New Testament

11. Kayak entire Cuyahoga over the course of the summer