Did your net worth increase this year?

[JoyJoy]

Our net worth did increase by $20,000.00 as my husband paid off the last of his credit cards and two cars in 2005. I will be finished with my credit cards in November, 2006!! We will then tackle the balance of our house payments by sending in the amount Quicken recommends. We use Quicken's debt planner to pay off our bills and we adhere strictly to what they recommend.

[JBinKC]

Yeah by 422K by my calculation. TIE which I continue to hold after 18 months has been my best performing stock followed by CHAR CASM HOM and TNT . KRSYF has been my worst with a -22% return.

[AntiCost]

If you consider a home as net worth then i'm in the green for 2005.. I purchased my property back in 1999 (before the big Real Estate boom). Started building the house in mid 2003 right before I got married, and completed at the end of 2004.. The cost of my house was 60% less then what it appraised for; so I guess I can consider that a gain...

My savings account doesn't show that though, tons of expenses the first year of owning a home, coupled with installing a pool and landscaping..

[jmjj215]

I think I'm going to keep my primary residence (when I get one) out of my net worth calculation so I can know what I will really have to retire on.

[Ima saver]

I like to use my house when figuring my net worth because the value of the house has doubled in the 10 years since we built it.

[Lemony]

My net worth increased by over $29K last year, thanks to some aggressive debt repayment and growing investments.

[Ima saver]

I had a land mortgage for over $64,000 a year ago, I have paid it down to under $38,000 in one year. That makes me feel good. (Then bank didn't like it, they lowered my payments this year)

[shelbylovesmelby]

other than the value of our home ... nothing substantial this year @ all.
Things would of been brighter if the o/t that was promised since july by dh's employer (<--- don't get me started on them) would of come thru. He made <10%> this year than last!! That hurt us alot in 2005! Despite it all we were blessed w/ a new member in our family in 2005

Shelby, sahm of 2

[PRICEPLUS]

I thought it had but a surprising revelation by my DW proved that was not the case. It is rising as I pay down the last damn CC bill!

[flatrock]

So far this year my wife and I combined put $300 a week into 401Ks, $50 a week into I bonds, $300 a week into savings, and $100 extra a month on mortage principal. I have worked a heck of lot of overtime to do all this and I plan on cutting back a bit the rest of the year.

[Fizgig]

My net worth went up 18% in the last twelve months.

(Not including any potential home appreciation, since that's hard to gage.)

[Broken Arrow]

Hmm. This is an old thread, but my net worth most definitely has gone up. The real question is, by how much? Now I'm curious. Let me check my NetworthIQ.

In Jan, '07, I was at -$7800. As of right now, I'm at +$6100. So, for this year so far, my net worth has increase by $13900....

Sigh. I was hoping for more than that. How disappointing....

But then, that's before 401k employer contribution and with 4 months to go.... Hey, at least I'm in the black now and still climbing! WOOHOO!

[terri77]

Yes, it did. I haven't calculated by how much yet, but when I do I think I'll be pleased.

[loanstar]

my debt increased but so did my salary, so i guess its still the same!!

[Scanner]

Hard to say. . .since most of our net worth is locked in our house and the market is down. . .it could have went down.

However, according to zillow.com. . .it didn't, our house is actually worth $9,000 more since I last checked about 9 months ago. I also read our local paper that home values actually increased last year 1% because the casino's in the Atlantic City area insulated the market somewhat.

So, with our house being the big wildcard. . .yes, I would say we went up last year.

[Ima saver]

i just checked with networth iq and yes, our networth went up about $77K this year. I am keeping my house value low. At the peak, we could have sold for 700K, but I am keeping my price on networthiq at 500K.

[kimiko]

Mine went up by 29%. Although if I have to convert that to actual number, it would be quite small. Hmm...not sure if I should be happy or unhappy about it.

[Broken Arrow]

Originally Posted by kimiko

Mine went up by 29%. Although if I have to convert that to actual number, it would be quite small. Hmm...not sure if I should be happy or unhappy about it.

I would be very happy about it, especially since it's growing rather than shrinking.

[kimiko]

Not shrinking is a very good thing, actually I wasn't even entertaining the idea of it shrinking But at this stage, I should have more saving than I have now. So it's a bummer whenever I look at the total.

[n_vizion]

I track may net worth monthly and it gets better every month even if it's only by a small amount and I get every excited.
Here's to building wealth!