No better way to ring in the new year then by giving you guys a Net Worth update right? Twenty Eleven was great to the Ninja household. Our NW rose a little over $45,000 during the last twelve months. While we are definitely hoping 2012 is good to us, we’d be foolish to think this year is going to be equally awesome (in 2011 GN had a higher paying job, we lived rent free for four months, etc). Maybe we don’t make huge gains every month, but as long as we make some serious progress towards our goals, I’ll be a happy camper. Let’s get on with it, shall we?
Checking Account: $4,188; (change not shown since money is constantly in and out of this account). Wrote a check for a pretty substantial charitable contribution last month, but am yet to see the thing clear. Our landlord has also gotten in the habit of cashing our rent checks three to four weeks after he gets them. Checks are annoying because people don’t cash them. Wish I could pay my rent on a Credit Card.
Savings Accounts: $60,289; +$1,497. We hoarded cash like it was going out of style in the early part of 2011. Over the last six months, we haven’t been as good about making progress towards our $100,000 savings goal. Would like to be throwing more like $2,000 to $3,000 in this account each month.
Roth IRA: $25,754; +$389. My 2011 annual gains in this account were nonexistent. In fact I lost a few hundred bucks over the course of the year. I’ll still be a diligent little Ninja and continue maxing out my Roth every year I can. One day this account is going to make me rich, right now it just makes me frustrated. Haha.
TSP (401K): $27,241; +$1,062. I contributed about $700 to this account (including the match) and the markets added another $362 to it’s performance. I’ve upped my 401K contributions from 5% to 8% in hopes of building this sucker up even faster than originally planned.
Student Loan: $0. Okay I’ve been debt free for over a year and a half now. Thinking this will be the last NW update I include Sallie Mae’s zero balance in my liabilities section. Say your final goodbyes to Sallie Mae, because I’m burying her once and for all 🙂
Credit Card: $2,850 (change not reflected since balance is paid off each month). Ah the joys of Christmas shopping. We spent a little over $1,000 on gifts for the family this year, which was expected. Nothing else too sexy goes on with this account. Just the normal grocery shopping, household expenses, etc. But hey, at least we are earning airline miles while doing it.
My favorite months are the ones where my Savings, Roth, and 401K all show a green balance after them because that means our most important accounts increased in value. As you can see, they did just that last month. This my friends is a very good thing. In total, we added another $4,025 to our net worth, bringing our new total to $114,624.
Do you expect 2012 to be more or less favorable to your NW than 2011 was?
You can see all of my net worth updates here.