Tuesday, August 15, 2017

August 2017 Net Worth


All figures are generated from Mint.com. It's good to see an $8,000 monthly gain. I'm getting really close to reaching escape velocity. The only account that appears to have gone down is my house. The value fell from $131,000 to $129,000. The two month home value has fallen about $7,000 from $136,000 to $129,000. 

The job front is still a bit shaky, but I'm holding on. It does feel good to have enough FU money not to worry about things. Many others are continuing to sweat their asses off worrying. In fact, we closed one department about three weeks ago and laid off 8 workers. Crazy times indeed!


Assets

Checking --- $11,501
Savings --- $373,441
Lending Club --- $9,618
HSA --- $2577
Brokerage --- $0
IRA --- $9,252
401K --- $323,898
House --- $129,785

Liabilities

$0

Net Worth

$860,072


YTD Totals

May 2017 --- $835,009
July 2017 --- $851,904 
Aug 2017 --- $860,072

There is no down time when building a path that doesn't lead back to ZERO!

11 comments:

  1. Glad to hear you're still holding on with the job - hopefully that lasts for a while so you can keep building up that NW.

    ReplyDelete
    Replies
    1. Timeinthemarket,

      Things are coming together nicely! Another six months and I'm FI for sure. In the mean time I'm just gonna keep stacking paper!

      MDP

      Delete
  2. MDP -

    Keep that FU money building, LETS GO MDP. Get those articles out when you can!

    -Lanny

    ReplyDelete
    Replies
    1. Lanny,

      Stacking paper day in and day out! I've been pretty lazy, just working, chillin, and chasing the ladies!

      MDP

      Delete
  3. Go MDP Go! You are in control Big Guy and your future is blazing bright!

    ReplyDelete
    Replies
    1. Anonymous,

      Good things are happening indeed!

      MDP

      Delete
  4. Great network MDP. Hopefully there will be a change in trend on the value of the house. But otherwise, solid report.

    ReplyDelete
    Replies
    1. Ahh, he lives in Houston.

      Delete
  5. The future is yours! The FU money is amazing! All that possible when you can control the spending knowing that this money will last for a long long time. Some people can have that much networth but unable to call it off because they're busy to keep up with the Jones's lifestyle. I have to remind myself of that everyday.

    ReplyDelete
    Replies
    1. vivianne,

      It's definitely a difficult balance. I'm pretty frugal, but nothing like "Root of Good" frugal. He can feed a family of 4/5 on $300 a month. Hell I spend more than that on my bar tabs each month. I suppose if I lost my job, I could get really tight if I need to.

      MDP

      Delete