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Net Worth Report for March 2016

Assets   $ Diff % Diff
Cash $54,955 - -
Stocks $21,158 - -
Bonds $0 - -
Annuities $0 - -
Retirement $172,033 - -
Home $0 - -
Other Real Estate $0 - -
Cars $23,143 - -
Personal Property $0 - -
Other $6,305 - -
Total Assets $277,594 - -
Debts   $ Diff % Diff
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Card $0 - -
Car Loans $0 - -
Other $0 - -
Total Debts $0 - -
 
Net Worth $277,594 - -
Net Worth History Chart
Monthly Entry
Currently no debts, OKC house was sold in April 2015, been sitting on proceeds until I figure out where to live. This is my last month in the Navy and will be discharged on the 1st of April. Been looking into investing in Real Estate in order to build some wealth.

Finished pilot's license back in January, spent a little over $10,000 to do that. Keeping my fingers crossed that my net worth only goes up from here.

Net Worth Report for July 2013

Assets   $ Diff % Diff
Cash $15,543 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $86,939 - -
Home $128,983 - -
Other Real Estate $0 - -
Cars $30,000 - -
Personal Property $0 - -
Other $6,500 - -
Total Assets $267,965 - -
Debts   $ Diff % Diff
Home Mortgage(s) $122,000 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Card $0 - -
Car Loans $0 - -
Other $0 - -
Total Debts $122,000 - -
 
Net Worth $145,965 - -
Net Worth History Chart
Monthly Entry
Paid off my student loan, truck loan, CC pretty much every other debt that I had with the exception of the mortgage but hey I didn't have $125,000 just laying around. The mortgage debt is an approximation since I can't get my login information from work.

My primary focus at this point has been to save up around $35,000 which is roughly 6 months worth of income as an insurance policy to hedge against a job loss. Seeing as how I'm in the military that doesn't seem like a likely possibility but I am debating a career change in the not-so-distant future. Regardless, it's not a bad idea to have liquid cash around. After that the focus will be on paying down the mortgage and upping my retirment/savings contributions. I still feel like I should make an appt with an advisor to get an idea where I will be retirement-wise if I maintain my savings plan as is.

Been setting aside $150/paycheck (not on the books) in order to purchase big-ticket items. Guns, Bicycle, D-SLR... that kind of thing. Mason jar equivalent of a child's piggy bank.

Father passed away recently, and after clearing out his estate it became more apparent that I needed to maintain focus on my own finances. It appears he had no life insurance in effect, made no effort toward final planning, and had virtually nothing in the bank.

Still leaning toward med school. Hopefully by the end of this tour I'll have a good amount in the bank saved and be ready to absorb the pay out for it.

I'll try to keep this updated more often than I have been.//jmc

Net Worth Report for January 2012

Assets   $ Diff % Diff
Cash $10,166 - -
Stocks $0 - -
Bonds $0 - -
Annuities $0 - -
Retirement $56,989 - -
Home $132,700 - -
Other Real Estate $0 - -
Cars $29,817 - -
Personal Property $0 - -
Other $7,060 - -
Total Assets $236,732 - -
Debts   $ Diff % Diff
Home Mortgage(s) $129,300 - -
Other Mortgage(s) $0 - -
Student Loans $998 - -
Credit Card $0 - -
Car Loans $22,923 - -
Other $0 - -
Total Debts $153,221 - -
 
Net Worth $83,511 - -
Net Worth History Chart
Monthly Entry
I feel like I never post on here anymore, I've been continuing to sock away cash as my future with the military is uncertain. I've continued to take classes at the local community college in an effort to apply to med school. We shall see how that goes.
Wish I had better news for my house, but it continues to decline in value, I need to hire a painter, have some bathroom repairs completed and have the carpet replaced before I sell it. Saved up about $4500 toward my roof repairs from the hail storm almost 2 years ago. I need to complete that before the 2 year anniversary or else I doubt insurance will cover it. Sold the BMW, got some cash that I'm saving off-line (not factored in calculation) for toys, little by little I've been siphoning off money to put towards those.

Think I'm going to talk to a financial advisor in the near future, I'd like to take a more proactive and participatory role in my retirement savings, and I'd like to see some big(ger) returns too.

That's about it for now.... //J