Net Worth Update: January 2012

Well, well, well, look at that.  You look away for what seems like only a minute, and when you look back, a whole new year has come around.  It’s practically some sort of conspiracy, designed to age us all before our time!

Or maybe it’s just the natural flow of time, and my increased busy-ness, combined with the natural perspective on time that comes as I age, just makes it seem like time is going steadily faster every year I am alive.  Nah, it’s a grand cosmic conspiracy, I tells ya!

Well, regardless of how the universe is plotting against me, I still need to try my best to be diligent and productive in my life, as well as earn some more cash to support myself.  Let’s see how well I did with that this past December:


In a word, ouch.  In more than one word, my investments didn’t do too shabby (there’s been a decline in my foreign holdings, but my domestic ones aren’t doing half bad), but my savings took a bit of a hit, and I added on much more debt than I had planned getting ready for (and celebrating) the Christmas season.  It’s going to take sot to recover from all that, I’m afraid.  On the plus side, after a few months of rising, I got an early Christmas present in the form of some improving Alexa scores.  On that note, let’s see how my goals for 2011 went in the final month:


Not too shabby.   My alternate income finally surpassed $1000 per month, a personal goal (and resolution) of mine for the year, although keeping it that high in 2012 is going to be tricky.   I fell a little bit short of my charitable giving goals for the year, but still managed to do pretty well in that respect, as well.  It’ll take some effort, but I’ll have to try even harder in the coming year to make myself a better, richer person.

2 Responses to Net Worth Update: January 2012

  1. @Financial God: I have considered selling some of my investments to pay off my credit card debt, but a few things have kept me from doing so. First, most of my investment money is in retirement funds, making getting it out a bit difficult (and expensive). Second, I’ve read more than a few stories about people who do things like that, pay off their debt, only to get into more debt and not have any way to pay it down. Most prominently, though, while I’m paying 27% interest on the Mastercard, the Amex is charging me 7.25% interest, a low enough amount that it is a tough call between paying that down and keeping the money in investments that should average 8% (or more) over time. Since I’m getting a student loan in a few weeks that will more than cover the Mastercard bill, it just seems to make more sense to hold on. That said, I’ll definitely have to do some deep thinking on how to handle my overly large credit card debt.

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