Net worth is an important measure of your overall financial situation. While some choose to ignore debt indefinitely, I have never been one of those people. Even when I had $50k of student loan debt, I knew exactly what my balance was, the interest rate, monthly payment, etc.
First let’s start off with Net Worth. These numbers are estimates and don’t include any depreciating assets I own including auto, phone, computer, etc.
2011: $-45k
2012: $-43k
2013: $-35k
2014: $-35k
2015: $-11k
2016: $6k
2017: $9k
2018: $31k
2019: $62k
Auto Loan:
12/24/2018: $12,224.63
12/31/2019: $5,370.34
Change: -$6,854.29
% Change: -56%
Retirement:
Roth IRA:
12/31/2018: $1,042.96
12/31/2019: $4,545.02
Change: +$3,502.06
% Change: +336%
401k:
12/31/2018: $40,124.58
12/31/2019: $68,178.70
Change: +$28,054.12
% Change: +69.92%
Overall it was a great year for me. Things are headed in the right direction. Looking forward to hitting new milestones in 2020!