For new readers of my personal finance blog, this is my first inaugural financial status and net worth update. I hope to make this is a monthly tradition to better help me track the condition of my financial health. At the same time, I am keenly aware of the potential awkwardness that comes with financial disclosure involving actual numbers. I know that there is a taboo sensibility when it comes to talking about money and actually revealing personal numbers. However, Money Blue Book is a personal finance blog and my purpose here is to encourage readers to improve their own financial lives by adopting practices that will put them on the right track to financial independence. Perhaps my own experiences and financial progress will inspire calls to action and help voyeuristic readers gain the necessary confidence to learn more about the importance of financial tracking and statistical self assessment. In the future I may discuss more sensitive topics such as my own expenditures concerning church tithing.
As a side note, the reason I am posting this halfway through the month rather than the customary beginning of the month is because of how my income accounting is set up. My income streams tend to get realized and reported at around this time.
My Current Net Worth and Financial Status Update Compared To Last Month
Retirement (401K, Roth, IRA)
Car and Vehicle Value
Real Estate and Home Value
Other Real Estate
Debt and Liabilities
Total Net Read the full article »