Personal Financial Review

Another Major Milestone on the Road to Financial Stability

This morning, my wife and I sent in the final payment on her student loans, which was our primary personal finance goal for 2008 and our highest interest outstanding debt. It felt good. Really good. Our next personal finance goal is to pay off my remaining student loan, which has an outstanding balance of $14,800 …

February 2008 Review – Assets -0.5%, Debts -1.0%

Once again, it’s time for a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise for everyone to do, simply so …

January 2008 Review – Assets -0.2%, Debts -0.9%

Once again, it’s time for a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise for everyone to do, simply so …

December 2007 Review – Assets +2.3%, Debts -1.1%

Once again, it’s time for a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise for everyone to do, simply so …

November 2007 Review – Assets +0.4%, Debts -1.2%

Once again, it’s time for a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise for everyone to do, simply so …

October 2007 Review – Assets +0.26%, Debts -2.28%

Once again, it’s time for a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise for everyone to do, simply so …

September 2007 Review – Assets +1.72%, Debts -0.29%

Once again, it’s time for a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise for everyone to do, simply so …

August 2007 Review – Assets +1.46%, Debts -0.16%

After the big move that dominated June and July’s financial situation, it’s back to a monthly review of my finances. I generally break things down by evaluating my assets and my debts (which together make up my net worth), and then using these numbers, I attempt to set goals for the coming month. This is …

Rebooting My Net Worth Calculator: Food For Thought On Starting – Or Restarting – Your Own

As I mentioned before, I kept my own net worth calculator in a spreadsheet; I even wrote up how exactly to make your own. I also used to post monthly status reports in order to help keep myself (and the readers) motivated to stay on a good course. However, with the recent purchase of a …

The Simple Dollar Morning Roundup: June And July Personal Financial Review Edition

Given the transformative effect of the home purchase on my personal finances, I’m skipping the June and July personal financial review posts because they don’t accurately describe much of anything – they have no meaning. I will return with these in August, as then I will be able to compare my financial situation at the …

May 2007 Review – Net Worth +12.1%, Assets +6.2%, Debts +0.8%

It’s time for that monthly financial review again, where I make sure I’m keeping up with my short-term financial goals. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise …

Calculating Net Worth: What Should One Do With Their Primary Residence?

Several readers have asked me how a person’s primary residence should be used when calculating net worth. As we’re on the verge of buying our first home, this becomes a very relevant question to us for the first time, so I spent some time looking at the options: Include the debt, but don’t include the …

April 2007 Review – Net Worth +7.6%, Debts -2.3%, Assets +2.2%

It’s time for that monthly financial review again, where I make sure I’m keeping up with my short-term financial goals. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise …

March 2007 Review – Net Worth +10.6%, Debts -3.4%, Assets +2.5%

It’s time for that monthly financial review again, where I make sure I’m keeping up with my short-term financial goals. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise …

The Checkbook Confessional: My Five Worst Financial Moves So Far In 2007

This year (so far) has been a strong one financially for me, but I still make some moves that are of questionable financial nature. In terms of saving for the future, here are my five worst moves so far in 2007 and why they were bad ones. By reflecting on my choices, I can strive …

Building Your Own Monthly Net Worth Calculator Using A Spreadsheet

Upon request from a reader, and building upon my February net worth calculations and my recent postings on building your own mortgage calculator, I thought I would discuss how I built a simple net worth calculator that lets me quickly calculate my net worth each month. You can build this for yourself at home – …

February 2007 Review – Net Worth +9.0%, Debts -3.0%, Assets +1.7%

It’s time for that monthly financial review again, where I make sure I’m keeping up with my short-term financial goals. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful exercise …

January 2007 Review – Net Worth +10.8%, Debts -0.1%, Assets +3.9%

I sat down for my monthly financial review recently to see what sort of progress I’d made in the last month. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful …

December 2006 Review – Net Worth +3.7%, Debts -1.5%, Assets +0.4%

I sat down for my monthly financial review recently to see what sort of progress I’d made in the last month. I generally break things down by evaluating my assets, my debts, and then my net worth, and then using these numbers, I attempt to set goals for the coming month. This is a useful …