Thursday, January 7, 2016

Net Worth (Year-End Update)

Originally, I was only planning to provide annual Net Worth updates.  However, since I am now part of an active list of bloggers who provide their net worth on Rockstar Finance's page - The Ultimate List of Blogger Net Worth, I have decided to start providing quarterly updates.  Providing quarterly updates will allow us to keep our readers more updated with our overall progress towards Financial Independence. It will also allow us to stay accurate and current on the Rockstar Finance's Ultimate List of Blogger Net Worth. ;)

To close the year, our family net worth is as follows:

Retirement Savings:                      $ 410,707
P2P Lending Accounts:                   $  17,707
Dividend Stock Accounts (DSA):     $   73,520
DSA - Surplus Cash:                      $    5,779
College Savings Accounts:              $  54,867
Cash and Savings:                         $  74,684

(Increase of $8,068 since 9/31/15)

Although we do not count it as part of our Net Worth,
it is still nice to know that our Home Equity is:
(Decrease of $12,003 since 9/31/15)

In the 3rd quarter, we reported that our Net Worth saw its first decrease since we began reporting it. Glad to be reporting that we seem to be back on track as we saw an increase of $8,068 during the last quarter of the year. So as we start out 2016, out family Net Worth now stands at $637,264

Although we don't consider our home equity as part of our Net Worth, we understand that some people do.  So to be fully transparent, we would like to report that our home equity shrank $12,003 this past quarter and now stands at $451,668.  

So for those who include home equity in their Net Worth, our family's net worth would be considered: $1,088,932.  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.


  1. Wow pretty awesome AFFJ! The ever increasing number is nice to see. Congrats on a great year.

    1. Thanks for the positive vibes. We are certainly blessed to be able to say that our net worth has continue to grow each and every quarter (except the one before last). Hoping to continue the success this coming year and beyond! Cheers to forward progress, big or small. :) AFFJ

  2. Fantastic, AFFJ! Thats a nice chunk of net worth. it will take me years to reach a number that high, but Im on my way :)


    1. Thanks for the confidence boost but I truly believe that ones Net Worth is relative. Because everyone's situation is different the amount doesn't feel the same for all. Believe it or not, I'm not even half way to where I would like to be at retirement. :)

      Cheers to reaching even higher heights! AFFJ

  3. Great result!

    I'm not American and my apartment is not worth even close to that, but still, the number of cash seems high to me. Is there a particular reason to keep that much money not working for you?

    Best wishes!

    1. Thanks for stopping by DfS. I will be the first to admit that our cash reserves are a bit high. But when my wife and I decided to keep her home with the kids, we agreed to keep a certain percentage of our annual expenses stash away in an emergency account. With one income, we needed to make sure we have enough stashed away to weather any possible storms. At the end of the day, I will say that we have no regrets as it has allowed us to sleep well at night.

      Regards. AFFJ

  4. You have such an interesting blog. Thanks for sharing. I'm a self-help blog author and reading blogs is my hobby and I randomly found your blog. I enjoyed reading your posts. All the best for your future blogging endeavors. Please keep in touch with me in Twitter, @selfhelpnemonik

    1. Thanks for stopping by and the kind words. Glad you found our blog and hope you continue to follow us on our journey to FI.

      Best wishes, AFFJ

  5. I'm impressed with the progress you're making on the net worth front. Congratulations and I really respect your transparency. I'm sure it helps you keep things in focus as you travel on this journey!

    FerdiS, DivGro

    1. FerdiS - the truth is our blog does help provide us with that extra incentive to stay on course. Being accountable to our readers makes us think twice about everything we do that might impact our ultimate goal of early retirement.

      Thanks for stopping by and the words of support. Best wishes. AFFJ

  6. Wow, I hope some day to achieve your numbers. Having a family this day is not easy and saving for college and everything else is even harder. Congrats on doing it.

    1. Thank you. We hope that by putting money aside now for college, it will have less impact on our financial future and help us retire early and without worry. AFFJ