3/17/2014

My Money, My Choices - Level 1, Activity 4

The fourth, and final, activity in level 1 is to create a networth statement.

This was a pretty quick activity for me - but I did make a change to my regular networth statement (and why I missed posting for March 1st).  I've been including our home's market value, but I have not been including the costs that we would incur by selling our home to realise this gain.  That is now reflected in the statement.

The trade in values for the vehicles are updated once a year or so by the dealerships, so this is a fairly accurate number.

Let me know if you have any questions on this one!






Wahoo!  I've earned my first badge!

Check out the My Money, My Choices program by clicking here.

Related Posts:

  • My Money, My Choices - Level 1, Activity 4The fourth, and final, activity in level 1 is to create a networth statement. This was a pretty quick activity for me - but I did make a change to my regular networth statement (and why I missed posting for March 1st). &nbs… Read More
  • My Money, My Choices - Level 1, Activity 3Activity 3 is to make a Balanced budget....balanced. I already have a budget set up (see the 2014 budget tab), but I wanted to go through this process to have the opportunity to really look at everything.  So, I de… Read More
  • My Money, My Choices - Level 2, Activity 1Activity: Align Cash Flow, with Bills The first activity in level two is to align our cash flow, with our bills.  I went to one of Gail's older blog posts on the subject to frame the activity a bit.  Here's what … Read More
  • I Hate my Spending JournalGah! I hate the spending journal, hate it!  Gail says you can't move forward in the process until you nail this - it takes discipline... I still hate it. I hate remembering to ask for receipts, and then trying not to l… Read More
  • My Money, My Choices - Level 2, Activity 2Activity: Track Spending in a Spending Journal This is the activity that I haven't been looking forward to...but the one that I think will finally see Jordan and I getting on track with our $600/bi-weekly allotment for all d… Read More

2 comments:

  1. Oh, so close to $100K NW! :)

    ReplyDelete
    Replies
    1. It was so so so hard to add in the cost of selling the house...b/c w/out that we would have been at 105 :( but this way - is more honest. It feels like all of our hard work, even though sometimes we take a few steps back is paying off long term. We are moving forward with good money management!

      Delete

Hi! Thank you for stopping by and leaving a message.

Links ♥

Followers