December 2006 update
This month’s net worth is up a great deal, but that’s pretty much an illusion. Or rather, it’s a temporary thing until I pay my taxes. However, it really should have been up by a few more thousand, since I’m STILL waiting on money I should have had in November, and on a couple of refunds. Both my assets and liabilities are down dramatically due to the sale of the duplex. (In case you’re wondering, the difference does not equal the sale price of the duplex, since I never included the so-called “market value” of it in my assets in the first place because it would have overinflated them.)
Assets: Down $140,235.01
Liabilities: Down $150,239.73
Change in net worth over previous month: Up $10,004.72
Spending-wise, there was Christmas, a sorely-needed partial update to my wardrobe, and a whole lot of business expenses. Despite that, this month marks the lowest spending out of the last 7 months. Guess that’s what happens when there’s no longer an investment property mortgage to pay.
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