December 2004 Financial Status

Ok, my planned “grand opening” for this site is January 1, 2005, since 1/1/05 looked like a nice number, and I just don’t have time to make things nice-lookin’ right now.

But I did want to make a quick snapshot of my current status for historical purposes:

Assets: *= pre-tax
———–
Cash Savings: $54,983
Brokerage (non-retirement) $ 7,808
Roth IRA: $ 2,001
Traditional IRA*: $ 5,383
401k*: $11,000
529: $ 1,097
———————————————
Total: $82,272

Liabilities
————–
Credit Cards: $26,522

Net Worth: $55,750

Don’t worry, most of my credit card debt is in 0% APR accounts, or I pay off the balance every month. More on that later…

Comments

  1. it’s amazing to see where it all started, I love seeing where great sites began!

  2. It’s pretty cool to look back at this and see where you started. I’m sure it must be refreshing for you too.

    The funny thing is that this is where you started, yet you were still thousands ahead of most people.

  3. Would you be willing to give us a 10 year update?? December 9, 2004 to December 9, 2014 “Where Are They Now?”

    My 2004 snapshot looked eerily similar to yours. Now 2 kids, 1 federal job, 8 properties, and several lucrative investments later, I’m curious to know how our differing investment tactics have paid off.

Trackbacks

  1. [...] It’s a time for giving thanks, and I am very grateful for all you awesome readers of this blog. Honestly, this blog has helped me keep on track and it was really fun along the way. I started blogging in December 2004, revealing our net worth of $55,750. As you can see on your top right of the screen, two years later we have doubled that! What better way to celebrate this success than to give away a bunch of stuff! [...]

  2. [...] helped me keep on track and it was really fun along the way. I started blogging in December 2004, revealing our net worth of $55,750. As you can see on your top right of the screen, two years later we have doubled that! What better [...]

Speak Your Mind

*