Paid my mortgage today, new balance is $114,264.90!
I reviewed my net worth since starting YNAB again 6 months ago. In the last six months my net worth (if I exclude my mortgage and retirement accounts) has increased by 70%!! I've increased savings and decreased debt by over $8,000 in 6 months. Which means we have been saving/paying debt with over 30% of our monthly income.
If I include our mortgage debt and retirement accounts we have increased out net worth by 12%.
We are still about $4,500 negative in our net worth (excluding mortgage and retirement) but I am positive we will be in the positive by the year end and most likely sooner. Then it will be a longer marathon to be positive in our entire net worth.
If we count our house value as an asset we are already there, but I prefer not to include it since we have no plans on selling. I dream of a day of more money in the bank than I have in debt.
Onward and upwards.
Mortgage Payment & Net Worth
March 1st, 2019 at 03:52 pm
March 1st, 2019 at 05:15 pm 1551460502
March 1st, 2019 at 11:22 pm 1551482563
March 2nd, 2019 at 12:27 am 1551486475
March 3rd, 2019 at 09:15 pm 1551647757