Net Worth – Q2 2014

Edit: added a NW using only liquid assets.

We didn’t have any major windfalls this quarter, so the progress will probably not be spectacular, but progress is progress.


  • Home (Estimated Market Value): 80,000 (Note: Zillow’s value is kind of nuts. Not going to use the Zestimate anymore.)
  • 401(k) combined: 63,637 (+2,945)
  • Cars combined: 2,500 (-500)
  • Cash Savings: 8,195 (+1,562)
  • Total: 154,332 (+6,007)


  • Home Mortgage: 105,620 @6.5% (-705)
  • Student Loan (Chief A): 3,396 @0.1% (-478)
  • Student Loan (Chief B): 11,946 @6.5% (-729)
  • Student Loan (Alchemist A): $2,784 @0.1% (-198)
  • Student Loan (Alchemist B): $26,283 @6.5% (-590)
  • Roof Loan: 10,900 (no interest before March 2015)
  • Total: 160,929 (-2701)

Net Worth: -$6,597 (QOQ +$8,708; YOY N/A)

Net Worth (liquid assets only): -$89,097 (QOQ +$7200)

An $8,000+ improvement in a quarter where my income was quite low and we received little in the way of windfalls and market performance was tepid is much more than I thought we’d have. This means our savings rate is at least 50% despite the interest carrying costs our debt incurs.

Savings Rate (gross income): 64%

Savings Rate (net income): 80%


3 Comments on “Net Worth – Q2 2014”

  1. That’s great! It’s easy to enjoy a big bump after a few months when everything went right. but I think it’s even better when you know things didn’t go as well as you would have liked–but still did better than you expected. Those numbers are getting closer and closer together!

    • David says:

      Thanks for the comment. With a savings rate on gross income of 64% and on net of 80% (added that to the post), building momentum is kind of inevitable 😛

  2. Gero1369 says:

    You’re doing great! Keep it up!

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