May 2017 Net Worth Update ~$339,000
- by DoggedFI
- posted May 27, 2017
Hello, beautiful people. Welcome back! If you checked out my last post about our April 2017 numbers, you will notice quite a large jump. Silly me – I had not added in the most recent appraisal value of our home, only the mortgages we still owe on it. No wonder we had a huge rise in net worth!
DoggedFI May 2017 Net Worth
(On a side note, I’m really digging Personal Capital‘s latest graphical update! They now have a nice, aesthetically pleasing breakdown of relevant metrics on the main portion of the dashboard.)
This snapshot also does not include the value of both of our paid off cars (2010 Honda Civic and 2013 Toyota Rav4) or any of the physical assets inside of our home, so the total number is likely several thousand dollars higher. I didn’t include the vehicles’ worth because its annoying to have to adjust it for depreciation.
We are still hyper-focused on paying off that 2nd mortgage and it is ALMOST GONE. This coming week, I will be calling the mortage company to ask for a “payoff request”. Apparently, this is a forward-looking document that shows how much interest will accrue over the next 30 days so that you know how much money to send in for your last payment(s). We should have it completely crushed by June 15th – 20th or so. Once that happens, we will both be able to resume comfortably maxing out our individual Roth IRAs. I absolutely cannot wait!
Are there any small, medium, or large debts that you are currently working on paying off at a hellacious pace? I want to hear about it!