Ringing in the New Year means it’s time for a new Net Worth post. Twenty-Thirteen was the best year yet for the Ninja household. We made some major gains across the board and couldn’t be happier. With a baby on the way, 2014 wont be as stellar. We will be going from a two-income household to flying solo on my income mid way through the year. It’s been a fun ride, but all good things must come to an end right? That’s what I hear at least. Will be posting our updated annual budget/spreadsheet for 2014 in the next few days. For now, enjoy a boring post on how our net worth has changed.
Cash: $33,105; +$11,356
I think this was our biggest cash gain of the year and it couldn’t have come at a better time; The holidays aren’t cheap. I got paid out all the overtime I worked in Europe and even received a little year-end bonus. Don’t anticipate another cash gain like this coming any time soon… unless of course one of you is feeling awfully generous.
Roth IRA: $50,219; +$1,118
Apparently the markets are at all time highs. Which apparently means I can make four-grand in a month (between Roth and 401k) by doing absolutely nothing. Daddy like!!! Now I just have to figure out when I’ll be making my 2014 Roth contribution.
401Ks, Traditional IRAs, etc: $83,262; +$2,861
Nothing exciting going on here. Just your standard 10% contributions (with 5% match) and a healthy gain from the stock market. I seriously don’t get why more people don’t take advantage of employer sponsored retirement plans.
Home equity: $73,426
If we sold our house tomorrow, this is how much cash I would expect to walk away with after all fees and taxes have been paid out. Zillow says our home went up a couple grand over the last thirty days, but I’ll probably only change this value once or twice a year unless the market drastically changes.
Credit Card: $5,000 (change not reflected since balance is paid off each month)
We pay the balance off at the end of each month. We’re looking at a $5,000 bill for this upcoming cycle. Depressing, but this includes 10 days of playing tourist with GN in Europe (hotels, rental cars, etc), a ton of Christmas gifts, and quite a bit of dining out. Holidays are expensive, but in my opinion, it’s all money well spent.
Each year, since I began tracking my Net Worth in 2008, has gotten progressively better. In 2014 we managed to swing a $72,047 total gain. That’s over $6,000 a month! This makes our new NW $235,014. So thankful for the improvements we’ve had over the years, but never want to lose sight of what’s important and start thinking that the value of my assets reflects my significance as a person. It’s just money after all.
And just for kicks here is a shot I snapped during Nova’s first walk last week
You can see all of my net worth updates here.