Cash/Liquid Savings:
$1,686 Animal Fund ($1,214)
$6,042 Escrow Fund ($7,537)
$2,062 Checkings ($6,427)
$20 Car Fund ($20
$1,119 HSA ($1,491)
$10,929 Total Liquid Savings ($16,689)
Retirement:
$42,860 DH's 401K ($45,294)
$5,050 DH's IRA ($5,463)
$16,122 My IRA ($15,337)
$64,032 Total Retirement ($66,094)
Liabilities:
-$115,833 Mortgage (-$119,044)
-$10,861 Land Loan (-$0)
-$1,263 Hospital Loan (-$0)
-$127,957 Total Liabilities (-$119,044)
Assets:
$185,000 House
$20,000 in Cars (not counted in figures)
2022 Total Net Worth: $132,004 ($148,739)
2022 Net Worth without Mortgage & House: $62,837 ($82,783)
Numbers in () are 2021 figures for comparison.
This is the first year we have lost progress that I can remember. I do know the land we purchased increased our house value but I'm not sure by how much without a new appraisal, and the markets are down even though we kept contributing this year. Sadness.
A wake up call that in 2023 we need to do better at more saving, less spending, and knocking down our debts again. I'll have to think a while on specific goals to set for the year with our tight budget.
January 7th, 2023 at 12:36 am 1673051800