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Net Worth Sep ’17

SUMMARY: A slow and steady month, just how I like them.  Main drivers were the month-end uptick in the markets and the life insurance cash value continues to build as expected.  Decrease in operating cash and an increase in credit card debt isn’t a recipe for success by any means and will be managing this down over the next several months.

LIQUID ASSETS

Checking – cash purposed for managing day-to-day and monthly expenses

  • -$1,501.93 paying more down off the credit card balances throughout the month

Savings – cash purposed for the next 3-5 years (wife’s tuition, house down payment, emergency etc)

  • +$171.87 $150 monthly automated deposit from my checking + 21.87 in monthly interest

Life Insurance – cash (surrender) value of policies purposed for strategic investment opportunities

  • +$5,446.73 monthly premium + loan repayment + policy growth

Stocks

  • +$1,547.66 market movement

Real Estate Earnings – PeerStreet monthly interest earnings

  • +$393.67 accumulated interest earned after re-invested into a new property

NON-LIQUID ASSETS

Retirement  – 401(k), IRAs, Pension

  • +$2,793.21  market movement

Other – represents my cost basis in illiquid assets (PeerStreet principal investment, Mrs. Church’s wedding rings, apartment security deposit, and an outstanding loan receivable)

  • -$184.00 Peerstreet basis less due to capital repayments, recycled less into new investments (increase to Real Estate Earnings above)

LIABILITIES

Credit Cards – two cards (Amex & Visa) with great rewards

  • +$695.76 booked a weekend cabin getaway for the Bride and I

Lease Obligations – Apartment lease, storage unit, gym memberships etc

  • -$4,150.00 contractual monthly costs 

Other – life insurance policy loans used to fund strategic investment opportunities

  • -$236.67 loan decrease due to loan repayment made

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