Goblin Hoard – Net Worth Q4 2014

Here’s how we end the year. Didn’t quite make it back to $0 but a 57% savings rate with so much money still getting eaten by interest is not shabby at all.

Assets

  • Home (Estimated Market Value): 80,000
  • 401(k) combined: 66,436
  • Cars: 1,500
  • Cash Savings: 15,436
  • Total: 154,683 (+8,689)
  • Passive Income from liquid assets: $3,280 p.a.
    • Putting in context: this would cover our yearly property tax and almost all car fuel.

Liabilities

  • Home Mortgage: 104,531 @6.5% –> PMI makes it effectively ~7.1%
  • Student Loan (Chief A): 2,439 @0.1%
  • Student Loan (Chief B): 10,190 @6.5%
  • Student Loan (Alchemist A): $2,388 @0.1%
  • Student Loan (Alchemist B): $25,372 @6.5%
  • Roof Loan: 10,971 (no interest before March 2015) –>this is getting retired this month
  • Total: 155,891 (-2,568)

Net Worth: -$1,208

Savings Rate Calculation

  • Savings: 9,642 (cash, principal paydowns, and 401(k) contributions)
  • Income: 16,867 (net income plus 401(k) contributions)
  • Rate: 57%

Net Worth Q4 2014

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4 Comments on “Goblin Hoard – Net Worth Q4 2014”

  1. Soooo close! What awesome progress.

  2. Lisa says:

    Way to go! Almost there. 🙂

  3. […] The Goblin Chief @ (-) $1,208 […]

  4. […] my previous net worth updates, I’ve had thresholds called ‘FI stage 1′ and ‘FI stage 2′. They were […]


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