Ten Years of Finances
January 3rd, 2020 at 02:59 pmCCF suggested this idea and I thought it would be fun. Post a comparison of where you were 10 years ago and where you are now, and talk about what happened in the interim. So here goes.
12/31/09: Total financial assets (not including home)
$395,673.73
12/31/19: Total financial assets (not including home)
$1,329,432.03
12/31/09 Mortgage balance: $92,285.99
12/31/19 Mortgage balance: $0.00
So our net worth went up by $1,026,044.29.
Major financial events of the last 10 years, and I'm probably forgetting some
Bought my car in 2012, paid off in 2013
Bought my wife's van in 2013, paid off in 2016
Daughter attended college 2014-2018, all loans by her and us have been repaid
Paid off mortgage in 2019; now totally debt-free
Began a job transition in April 2016 that was completed in November 2017 and now earn more than double what I made at the old job
I think those are the real biggies. Obviously, lots of smaller things, car repairs, home repairs, travel, medical expenses, and all of the other normal stuff. It's pretty powerful to look back like that.