A trip, a dog, and a Net Worth update: December 2013

Girl Ninja made it to the Netherlands!!! This is great news for my sanity, potentially terrible news for our wallet. We spent this last weekend meandering the streets of Bruges Belgium and fell in love. Such an awesome city with even more awesome french fries. Yum.

We also picked our puppy last Thursday. She comes home to us in two weeks! Meet Nova, named after one of our favorite restaurants in San Diego, Pizza Nova. You can also call her Dog Ninja.

Dog Ninja

But it’s the first of the month so this isn’t going to be a post about my travels or our dog. Nope, it’s time for that boring thing I do every thirty days called updating my net worth. Enjoy…


Cash: $21,749; -$2,752

We had to pay our $5,000 credit card bill last month so it obviously took quite a bit of cash to do so. So while the $2,800 loss might look painful, it’s not as bad when our credit card bill dropped by twice that amount.

Roth IRA: $49,101; +$1,648

What a great year to be in the stock market. As long as you didn’t freak out and sell off during the recession, you’re probably just as happy as I am right now. You wanna know what I was doing while the markets where tanking? Staying the course and weathering the storm. I’ve said it before and I’ll say it again, the trend of the market has always been up. ALWAYS.

401Ks, Traditional IRAs, etc: $80,401; +$3,436

It’s both crazy and silly to think that Girl Ninja and I were able to bank $5,000 to our Net Worth by doing absolutely nothing. I clicked a few buttons a couple of years ago, and now we just get to kick back and let nature run its course. Nature was very good to us last month. If you haven’t started investing yet, get off your butt and do it!

Home equity: $73,018

I’ve decided to change things up a bit. Last month I had a line item for home value and another line item for mortgage debt. I’ve decided that is stupid. I see no point in including my mortgage debt since it changes very little each month. Really didn’t want to report the same boring thing each month.

Instead, I think having a single line item for our home’s equity is sufficient. If we were to sell our house tomorrow, the balance listed above is what I would expect to walk away with. Probably wont change this balance much unless the markets are doing something significant.


Credit Card: $1,103 (change not reflected since balance is paid off each month)

This makes me so happy. We haven’t had a sub $3,000 credit card bill since we bought our house. My new motto to saving money is leave the country. I’ve been gone since November 1st and as a result haven’t spent much on anything. Woohoo!!! Still have two more weeks before I head home. Hopefully can keep things under control when I return.

2013 has been a record-setting year for us in the Ninja household. As long as nothing drastic happens over the next 30 days, we’ll have increased our Net Worth more than $60,000 this year, over 50% of our gross income. That’s so insane to me. Our new NW stands at $223,175. 

I’m speechless.

p.s. You can see all of my net worth updates here.

22 thoughts on “A trip, a dog, and a Net Worth update: December 2013”

  1. Our net worth has increased by over 50% of our gross income in the past year as well (and we only save 17% for the long-term). As you said, it’s a great year to be in the stock market!

    Love that pic of Nova – keep ’em coming!

  2. I did a day trip to Bruges when I was in Paris for a week with my Mom back in March 2012; what a beautiful city! Would love to see even more of Belgium; it’s on the bucket list 🙂

    Congrats on DN Nova! Can’t wait to read about her puppy adventures!!

  3. One question that always bothered me, where did your CC amount number come from even though you pay it in full each month how did you come up with $1103?

    • He probably comes up with it by taking a snapshot of the account on the 1st. His bill could be due on the 5th, so there will still be a balance on the card until he pays it. Or he could just post the statement balance on the bill (which is a snapshot about 20 days before he’ll pay the bill).

      • Makes sense I still would be show the change even when I pay it in full just so I can recognize severe increase spending trend month to month.

    • On the 1st of every month, my Credit Card statement posts. I have until the 1st of the following month to pay the bill without incurring any interest fees. So the balance I show is what I will be paying before the end of the current calendar month. This cycle, that $1,103 🙂

    • That’s okay. The market crashed a few years ago and we’re doing alright now 🙂

      A crash just gives me another opportunity to keep pumping in money on the cheap.

  4. Bruges was the nicest little town I saw in Belgium. (Ghent is really nice, too. Brussels – not so much.) I hope you got to see the interior of the Bruges Town Hall, which is just spectacular. If not – go back!

  5. Your puppy is super cute! You’re going to have so much fun with her (and maybe end up a little crazy, too–I speak from experience.)

  6. I only really started tracking my net worth in June. I am up 34k since June and 70k since January!

    But today I made a major change in my calculations. I reduced my 401k balance by 25% to account for taxes during withdrawl.

    There is no way I would be able to access this money tax free so I’m not sure why everyone always counts it that way. I realize there’s no way to tell the exact tax I’ll pay when withdrawing but I’d say 25% is a safe assumption. Especially if I have to withdraw with a penalty (likely only incase of job loss so I’d be in a 15% tax bracket + 10% penalty).

    Have you considered this? What are your thoughts?

    • Personally, I think that is a little too much.

      Did you take off capital gains when you sell your non-retirement assets? What about your home – did you take off 1 to 5% for closing costs?

  7. Your dog is so cute I can’t even stand it. I want a dog so badly, but because we live in an apartment my boyfriend says that it would be unfair to the dog to keep it in a small space.

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