Net Worth January 2010

The net worth is a hard thing to track as there are many variables that do not lend themselves to providing an accurate portrayal of your financial situation.  Or maybe I just didn't like the way things are looking so I am cooking the books.  Just kidding.  Either way, I am changing the way I am documenting net worth updates.  I am documenting two separate calculations.  

1. One will include an estimate of assets that have loans associated with them (house/mortgage and car/loan [see previous post about purchasing car]).  I am not including the value of my second car as I plan to run it into the ground and it has no loan associated with it.  I will refer to this as my asset backed calculation.
2. The second calculation will...wait for it...not include those items.  It will include cash and investments, student loan, etc.  I will refer to this as my cash based calculation.

Without further rambling and justification.  

• Calc 1 - asset backed: This month I was at $35.25K.  This is a 23.04% increase from the previous month.  This large increase can be attributed to the value of the new car (with trade in, down payment) vs the loan.
• Calc 2 - cash based: This month I was at $14.66K.  This is a 3.89% increase from the previous month.  

Click the image for a larger graph of the trailing 6 months.