Net worth to date
Here's a personal balance sheet on my wife and I:
ASSETS:
Equity investments: $98,863
Home value: $221,000
4-family apartment building: $312,261
Lakehouse: $143,080
Personal property (cars, furnishings, jewelry): $71,100
TOTAL ASSETS: $846,304
LIABILITIES:
Home mortgage: $118,184
Apartment mortgage: $223,587
Lakehouse mortgage: $106,141
Home Equity Line of Credit: $45,300
TOTAL LIABILITIES: $493,212
NET WORTH: $353,092
As I'm chasing $1 million dollars, I am not looking at this net worth number. I calculate this number as part of my personal balance sheet, but the number I seriously track excludes our principal residence and our personal property.
Excluding that stuff leaves my wife and I at $198,972. That is comprised of:
Equity investments & cash at Ameritrade: $98,863
Apartment building equity: $87,425
Lakehouse equity: $12,683
More details to come.
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