One Year of Net Worth Data
If you can’t measure it, you can’t improve it!
During 2024, I tracked my net worth daily to establish trends. This was tracked across a couple of key categories: 1. Property (3 x IP’s) 2. Super / Pension 3. Shares 4. Cash 5. Secured debt (ie mortgage) 6. Unsecured debt (ie credit cards)
Some big events during 2024 that drive some of the data include purchasing an IP with mortgage in February, moving overseas for work in May and needing to set up a new residence, performing renovations in a seperate IP in August/September.
So now it’s measured, what’s the plan for 2025? Finally see the IP’s start to generate a bit more income, focus on rebuilding the cash war-chest, and some DCA into ETF’s.