Evolving Personal Finance » Entries tagged with "net worth"

Home Equity Is Funny Money

We closed on our house just about exactly a year ago for $700k, and Redfin now has our home value pegged at over $900k. Redfin’s estimate is not necessarily reliable, but it’s a data point. Before buying our home, I saw PF bloggers and other interested parties discuss their net worth calculations online, and they often accounted for their home equity/the value of their home in odd ways. These other people sometimes left their home’s value out entirely or omitted any equity above the mortgage amount or used a lower value for their home. This was totally puzzling to me. I thought I would have just grabbed a value from Redfin/Zillow and plugged in that number on a monthly basis. That seemed to be the most accurate/up-to-date. I still think it’s important … Read entire article »

Filed under: housing

A Year of Net Worth Tracking

A Year of Net Worth Tracking

On October 1, 2015, I created a spreadsheet for tracking our net worth broken out by our various accounts. While Mint has been tracking our technical net worth since Kyle and I got married and combined our finances, I consider our true net worth to be slightly different, and those differences were large enough last fall that I wanted a separate place to keep track.   (Our “technical” net worth is all our monetary assets minus all … Read entire article »

Filed under: net worth

November 2014 Money Puddle and Spending Report

November 2014 Money Puddle and Spending Report

This was an INCREDIBLE month in terms of spending. I think it might be our highest spending month ever (post-wedding/honeymoon), or at least in the last couple years.   The big big spending outlay was that we finally bought a DSLR. We have desired this type of camera for a couple years and started saving for it 16 months ago. We no longer have targeted savings accounts, but the last balance on our camera account was more … Read entire article »

Filed under: funemployment, month in review

Becoming Hundred Thousandaires

Becoming Hundred Thousandaires

Kyle and I officially have a net worth of over $100,000!  I’m so excited to reach this milestone, but how it happened precisely has taken the wind out of my sails a little bit.  But it probably shouldn’t have.  See below.  😉   Slow and Steady   One afternoon last week, I had some time to kill waiting in a parking lot, so I became absorbed in our Mint account (naturally).  This was the net worth balance I saw … Read entire article »

Filed under: family, savings

Who Has Seen You Financially Nude?

Who Has Seen You Financially Nude?

I’m in the process of preparing a guest post for a large blog (I’m cold-emailing, so you can hope that it will be accepted!) and as a part of the post I state our net worth.  While I do spending updates here every month, per Kyle’s request I am a little cagey about how much we save (we stick with percentages) and we’ve never said exactly how much we have in savings.  So it’s a … Read entire article »

Filed under: net worth

What’s the Point of Calculating Net Worth?

What’s the Point of Calculating Net Worth?

I enjoy reading other PF bloggers’ monthly reports on their net worth progress, whether they use real numbers or percentage increases.  I haven’t so far written a net worth post or series for us and as of now I don’t plan to.  I just don’t see how it would be interesting or informative in our situation.  So I’ll bore you with one post instead of with a series.   Here are the components that contribute to our … Read entire article »

Filed under: net worth, savings, stock market