• Our 2007 Goals Status, Part 6: Did We Reach Our Net Worth Goal?

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    This is the final part of our retrospective look at our 2007 goals. Here’s part 1 (Roth IRAs), part 2 (Student Loans), part 3 (credit cards), part 4 (joint retirement portfolio), and part 5 (have more fun).

    The answer to the question in the title: Hell Yeah.

    See the chart below for a neat graphic on how our assets, liabilities, and net worth have progressed over the past two years. (If you’re reading this in a feed reader or via email, it it seriously worth it to click to the actual post on our website to see the awesome bar/line graph. Seriously.)

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    …and without further ado, here is how the numbers look at the end of this year compared to the beginning…

    January 2007December 2007% Change
    TOTAL NET WORTH-$66,274.27-$32,059.9951.6%
    TOTAL CHANGE FROM JAN 2006+$66,555.40 
    TOTAL CHANGE IN 2007 (Goal of +$32,000) +$34,215.27 
    Assets
    Cash$9,387.56$29,024.39209%
    His SIMPLE IRA$6,670.08$10,004.4350%
    His Roth IRA$6,470.53$6,090.93-5.9
    His HSA$557.76$172.07-69.1%
    Her 401K$10,605.57$14,710.4338.7%
    Her Roth IRA$2,732.94$7,062.83158%
    Automobile ?$10,080.00$9,655.00-4.2%
    Household Items ?$25,000.00$25,000.000.0%
    Accounts ReceivableNA$1,370.16NA
    TOTAL ASSETS$71,489.61$103,090.2444.2%
    Liabilities
    Credit Cards (Rewards)$4,276.06$5,973.4339.7%
    Student Loans$133,487.82$129,176.80-3.2%
    TOTAL LIABILITIES$137,763.88$135,150.23-1.9%

    We ended up the year over $2,000 over our net worth goal. Not too shabby!

    This wraps up our goals for 2007. We kicked ass a little, if I do say so myself. In fact, Her and I agree that 2007 was one of the best years of our lives. We totally kicked 2007′s ass. 2007, you’re a little bitch.

    This weekend we’re going to finalize what we want to accomplish for 2008. We don’t think we’ll do as much ass kicking, but it better be prepared.

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