March 2023 - Net Worth Calculation ($101,709.55) => -4.57% from Feb 2023
- GMoney
- Mar 15, 2023
- 1 min read
Assets:
The assets I have included include the following categories: savings/checking accounts, cash, Venmo account, investment property equity & retirement accounts.
Net Worth Increase: -$4,866.19
401K increase: -0.23%
Total Assets: $123,889.62
Liabilities:
Credit Card: $3130.56
Basement Loan: $19,049.51
Total Liabilities: $22,180.07
TOTAL NET WORTH: $101,709.55
Net worth took a fair hit this past month for multiple reasons. 1) My 401K did not increase due to stocks not doing well. 2) I had a furnace, hot water tank, and toilet repairs to make at my one rental which will cost a total of 10K when it's all said and done. 3) Most of the Italy costs are being put on my credit card so I can get the points, so my credit card is currently inflated but I should make 2/3's of that back when my girlfriend and her dad pay for their share. On the bright side, my raise went into effect in February and I should be seeing the full effect of that in March. I am also working a couple of wrestling tournaments where I'll profit $640, so that will help everything as well.
*Note: I now include equity in my primary mortgage in my assets because it is considered an investment.
2023 Goals:
50% Savings Rate
Gross 100K -> 89K from PGR, 6K from agent, and 5K from Misc
Buy another multi-family property
Run in 3 different Spartan races
Read 6 books
Visit 4 state parks/ national parks
Visit 1 more state (and one country)
6 transactions or $750K in sales price
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