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.
2012 Year in Review
January 1st, 2013 at 05:34 pm
January 1st, 2013 at 05:46 pm 1357062382
January 1st, 2013 at 05:49 pm 1357062590