Net worth update
It’s been a long time since I updated my Net Worth… the last update was back in November 2007 . A lot has been happening since then, and I completely forgot about keeping it up to date each month. It also didn’t help that I was out of work for about 6 months throughout 2008… To continue my desire to keep a record for myself, I’ll provide another update now.
Assets in Nov 07 were: $105,536
Liabilities in Nov 07 were: $87,577
Net worth was: $17,959
Assets in Mar 09 are: $95,504
Liabilities in Mar 09 are: $65,928
Net worth is: $29,575
So with all the significant changes I’ve had over the past year and a bit, I’ve still managed to depreciate my liabilities and increase my net worth. This has come after a depreciation of 9.5% in my assets, a reduction of 23% in my liabilities, and an increase of 65% in my net worth over the past 16 months.
I’m pretty happy with that.
By the way, my projection for net worth increase per month in the future is going to be an average of 9% per month. Let’s see if I can keep that projection.
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