December 2012 Net Worth Update

//December 2012 Net Worth Update

December 2012 Net Worth Update

I have been tracking and sharing my net worth since the beginning of 2011.  Each month I come on here and provide my change in terms of month over month, year to date and since Jan 2011.

Calculating my Net Worth

My Assets

  • My Cash Savings Accounts – For record keeping purposes I have froze this account but in reality a large chunk of cash has already been transferred to my seller’s Attorney for escrow.  Considering I’ll be able to track the cash it should be interesting to see how much waste and burn there is when buying this new home.
  • My 401(k) – Just keep throwing part of my paycheck at my newly rebalanced and reallocated my 401(k).
  • Random Non-Qualified Investment Accounts
  • The Wife’s Roth IRA – This account only holds to 2 funds. An index fund of the market and a dividend paying fund.
  • My Dividend Investment Portfolio – Easily my favorite part of my financial empire hut.
  • Home Value – I have kept it constant since the beginning of this experiment.  It will change but so many other things will as well when I purchase the new house in the next month or so.
  • My Traditional IRA – Been trading using my covered call strategy.  I can’t believe yet another month has gone by and I haven’t provided an update! I am a terrible personal finance blogger. This week, I promise.

The liabilities I include are:

I only have 2 main liabilities, but they are very significant in terms of whole numbers.

  • Law School Loans
  • Mortgage – This is going to get a lot larger in the near future

No CC debt and my car has been paid off since July 2011.

My Net Worth Growth

  • From November 2012 to December 2012 my net worth increased 1.29%
  • Year to Date my net worth has increased 39.19%
  • From January 2011 to October 2012 my net worth has increased 140.48%
By |2013-09-26T14:53:50+00:00December 3rd, 2012|Personal Situation|8 Comments

About the Author:

Evan is the owner of My Journey to Millions which was started to track his journey from a broke debt ridden law school graduate to building a positive balance. Need more Evan? Follow him on Twitter, Contact him or get new posts directly to your email


  1. Kathleen December 3, 2012 at 5:17 pm - Reply

    they keep climbing!

    • Evan December 4, 2012 at 11:44 am - Reply

      At a slower rate but yup! Can’t complain. Next month will be a huge drop after all the costs from closing on the new house make their way through the balance sheet

  2. FI Fighter December 3, 2012 at 9:31 pm - Reply

    great ytd progress. Keep it up!

    • Evan December 4, 2012 at 11:47 am - Reply

      Thanks! I am jealous of your low expenses…If my monthly nut were that size this thing would be SUPERCHARGED

  3. CBB December 6, 2012 at 12:35 am - Reply

    Not too shabby mate. As long as it’s going UP that’s all that matters! Cheers Mr.CBB

    • Evan January 23, 2013 at 11:09 pm - Reply

      I only have had 2 down months in 18 months and did those REALLY bum me out!

  4. Amanda L Grossman December 8, 2012 at 3:57 pm - Reply

    It’s nice to see such a great increase in your net worth this year! Congrats to you.

    • Evan January 23, 2013 at 11:10 pm - Reply

      Thanks Amanda!

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