Net Worth for the last year
Microsoft Money, my favorite personal finance tracker, gives you a lot of different types of charts and comparisons to go through.
The chart below is my net worth over the last year. It does include money put in (not actual value) of my retirement accounts, so that may skew the chart slightly. Click to enlarge.
June 2008: This is when we found out the estate was being sold and we had to move.
July 2008: Had a big jump because of the $7500 that was donated to me and my father for the down payment on our house.
August 2008: A slight decrease for the good faith payment on the contract for our house (About $1500).
September 2008: A big decrease due to the actual down payment on our house.
October 2008: I believe this started going up because my dad and I started making mortgage payments into one of my accounts to prepare for our first mortgage payment (so we had backup payments).
November 2008: Started our first actual mortgage payment.
December 2008: I’m not sure why there was such a drastic drop here. Probably the spending of the Christmas funds I had saved up throughout the year. But it wasn’t -that- much money so I’m not sure what the difference was here. I also paid back 3 of the 5 people back that had donated money for out down payment.
January 2009: I started saving money back up again.
February 2009: A huge tax refund which I used to pay off the mustang, thus reducing my monthly payments. I also paid back another person who donated money for our down payment.
March – June 2009: I see a gradual increase in my network due to not having anymore of my own debt, plus taking on a second job to pay off my fathers debt. The second job is really helping to push the net worth higher even faster so far this month, but I am not putting anything into savings until after October.