Net Worth Update – January 2013


Net Worth Update January 2013 Aspiring BloggerWelcome to the first net worth update of 2013. For the first time since we sold our house (before I began reporting these numbers) our assets are almost over $200k again. Make sure you check out my finances page where I’ve created a nice graph showing you our net worth since the end of 2011. It took some time as there aren’t great tools for creating graphs in WordPress, but I think it turned out well. Let me know if you have any questions about it. With that said, enjoy this month’s update!


Cash+$0 – No change here as we’re back to our normal cash cushion. I still don’t use much cash, but it’s nice to have it just in case.

Cash Savings+$3,143 – Not an excellent month for cash accumulation, but considering we didn’t really do much above and beyond in January, it’s as expected.

Emergency Fund – +$13 – Just the interest rolling in here, nothing exciting.

Taxable Investments+$0 – Nada – still need to get to work on this, but it is being put on hold by the house hunt….

Roth IRA+$2,861 – A good start to the month for the stock market combined with the increased contribution limits for 2013 ($5,500/year instead of $5,000) led to this increase.

401(k)+$1,640 – Another nice gain due partly to the stock market but mostly to our contributions. I know both this and the previous categories are “retirement” funds, but as I aspire to be financially independent and retire early, it makes sense to track this separately. If I decide to retire when I’m 40 (or 50, or anytime before I’m 59.5) I will be able to access certain accounts without penalty, so that’s why I list them separately.

Auto Value-$255 – As I continue to drive my car for work and Mrs AB drives her to work and her two part time jobs this value will drop with alarming frequency! Considering that our cars now make up less than 10% of our net worth, I’m definitely not concerned about it, but it still feels like money wasted each month.


Credit Card-$835 – What a nice January relief! The gifts, trips, vacation planning, etc that hit the credit cards in December have mostly worked their way through so we’re back to normal expenses going forward. Hopefully this number will stay nice and low!


Considering how mediocre our net income was for January, I’m amazed at how much we increased our net worth. A lot of this credit goes to the stock market and it’s great January performance, but I like to think that Mrs AB and I had a little something to do with it! The house hunt seems to be heating up, so if something happens on that front, there will be some MAJOR changes to our net worth and the distribution of assets/liabilities. I’ll keep you updated as we move forward, so stay tuned!

How was your January? Did the first month of 2013 treat you as well as you were hoping? Did you manage to increase your net worth as much as you thought? Let me know in the comments!


{ 2 comments… read them below or add one }

Rich Uncle EL March 6, 2013 at 9:04 am

Nice Net Worth, I noticed your about to buy a house, this change will probably make your net worth negative, unless you pay for it all with cash. How do you feel about going to negative after getting the mortgage?

Reply March 7, 2013 at 7:55 pm

Thanks! You definitely raise a good issue (which I’m discussing in my February Net Worth Update). I plan on including the value of the house as an asset and then the mortgage as a liability. So the equity will drop down into either increasing/decreasing my net worth!


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