<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > 2012 Year in Review
 

2012 Year in Review

January 1st, 2013 at 09:34 am

I think I actually have all of my year-end data in place as of now so I can review how our finances weathered 2012.

Our total invested assets including non-retirement, retirement, and college savings accounts increased by 18.2%. That number would have been higher but I did dip into savings to replace my 1998 car at the end of June. If not for that, the portfolio would have been up by over 20%.

On the debt side of the balance sheet, our mortgage balance dropped by about $7,150 or a little over 10% of the balance on 1/1/12. As noted, I also bought a car. In addition to the down payment, I did take a loan for about 13K and have already repaid over $5,300 of that since July. I don't intend to keep that loan for more than a year or so.

So assets up 18.2%, mortgage down 10%, and a new car loan that is already more than 41% repaid in less than 6 months. Overall, I think that was a pretty decent year.

2 Responses to “2012 Year in Review”

  1. creditcardfree Says:

    Seems like a great year to me!

  2. twest Says:

    I agree. Sounds like you did great! Best to you for a great 2013!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]