Net Worth Update Q4 2018: $191,783 (+$3,338)

It’s the end of another quarter, so it’s time for another net worth check-in! As a reminder, Mr. Steward and I have wholly joint finances, so this is everything for our family of four.

Cash
Savings (Emergency Fund) 15,793.68
Checking 5,752.22
Investments
Mr. Steward Pre-Tax 42,762.05
Mr. Steward Roth IRA 2,939.76
Ms. Steward Pre-Tax 23,894.62
Ms. Steward Roth IRA 4,344.81
Ms. Steward HSA 745.42
Ms. Steward Fun Fund 501.45
Property
House 171,121.00
Van 10,411.00
Car 4,062.00
Debts
Credit Cards (Paid Off Before Interest) 815.10
Mortgage 89,729.00
Assets 282,328.01
Liabilities 90,544.10
NET WORTH 191,783.91

We also have two 529s, valued at $4,560.42 and $1,748.94. Since these belong to our daughters, we do not include them in our net worth calculations.

The Big Changes

The House That Won’t Stop

The house value, per Zillow, continues to climb, to the tune of another $15,000 this quarter. I am now quite skeptical that this value is accurate, even given the current crazy seller’s market in our town. Nonetheless, the house is the primary culprit of our net worth continuing to show positive growth this month, considering…

The Stock Market Takes a Dip

Even with our 16-17% contribution rate, most of our investments took a pretty big dip this quarter, thanks to the recent stock market decline. We’re in it for the long haul, so I’m not terribly worried.

The Fall and Rise of the HSA

I have carried a remnant HSA from my previous job for about two years. We nearly depleted it with several bills this quarter. Beginning now (Jan. 1), we are back on a high-deductible health plan, which means we qualify for an HSA. We are fully funding it this year, so the number should climb again.

Progress for 2018

This year marked our first full year of public net worth tracking. Overall, our net worth grew by around $51,510.27 from the end of Q4 last year. That’s an overall percentage increase of about 35%. While such a drastic change will become more and more difficult as our net worth grows, I am definitely proud of that number! As for next year’s goals, watch out for another post soon.

3 Replies to “Net Worth Update Q4 2018: $191,783 (+$3,338)”

  1. Revanche @ A Gai Shan Life

    Congratulations on a healthy NW year! I have the same skepticism for our home value so I don’t adjust that number at all but perhaps I should once a year to match whatever our taxes think the value is?

    I also really like how clean your tracking is here. I’m going to stop messing around with ours because I can’t seem to just be satisfied with it but I am allowed to admire yours, right? πŸ˜€

    • Ms. Steward

      Well, I appreciate the compliment! I decided when we started tracking that I wouldn’t think any way was perfect and this is more a fun, overall snapshot for us. Our goals aren’t tied to it because the markets are so fluid and Zillow is a finicky beast, too. I think wearing it lightly has made it a lot simpler for me.

  2. G

    Thanks for sharing this with me. It’s great! πŸ™‚
    You are right to be cautious about Zillow. They have been known to be wrong in many markets.
    This is the first time I have seen vehicles as part of net worth. Makes sense.
    Thanks again!

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