Also, in case you have not come across it, we are part of an active list of bloggers who provide their net worth on Rockstar Finance's page - The Ultimate List of Blogger Net Worth.
With that said, at the end of the first quarter, our family net worth is as follows:
Retirement Savings: $ 520,034
P2P Lending Accounts: $ 8,203
Dividend Stock Accounts (DSA): $ 87,983
DSA - Surplus Cash: $ 18,282
College Savings Accounts: $ 75,837
DSA - Surplus Cash: $ 18,282
College Savings Accounts: $ 75,837
Cash and Savings: $ 51,018
GRAND TOTAL
$761,357
(Increase of $57,717 since April 2017)
(Increase of $57,717 since April 2017)
Although we do not count it as part of our Net Worth,
it is still nice to know that our Home Equity is:
it is still nice to know that our Home Equity is:
$560,031*
(Increase of $13,656 since April 2017)
Although we don't consider our home equity as part of our Net Worth, we understand that some people do. So for those who include home equity in their Net Worth, our family's net worth would be considered: $1,321,388 (Increase of $71,373 since April 2017). It's a pretty awesome figure when you include the home equity but until we can accumulate 7 figures without our home equity, I refuse to consider myself a millionaire.
* Although others do consider home equity, and even cars, collections, etc. as part of their net worth, it is our opinion that since these items are not very liquid and the value of these items is highly dependent on what others are willing to pay for them (at the present time), we have decided not to consider these type of assets as part of our family's recognized net worth.
