December 2022 Net Worth Update

Net Worth

Let’s have a look at where my net worth settled on December 1st:



Net Worth = Assets minus Liabilities


Assets Amount Change from Last Month
Checking/Savings $30,355  
Retirement Accounts 199,558  
Taxable/Nontax Investments 59,216
Misc. (Gold/Silver/Cash/Collectibles) 12,000  
Total Assets 301,129 -4,077


Liabilities Amount Change from Last Month
Credit Cards $20,134  0% interest rate.
Student Loans 195,392  
Total Liabilities 214,091 +1,435

Net Worth = $85,603

Change in Net Worth from last month: -$5,512

Total Change in Net Worth Since July 2020: +$133,831


Net Worth Summary

I have still neglected to move my savings into a higher yielding savings account as I discussed considering in my last net worth update. Considering I could have realistically moved about $20,000 there, I probably missed out on around $50 in interest. However, what I did do was move a portion of that into a new checking account that offered a $200 sign up bonus (which should hit my account sometime early in 2023). Once the 3-month holding period on the new checking account bonus expires, I can move it over into a higher yielding savings account.

There wasn’t much else going on this past month. I’m still living off my savings and enjoying my sabbatical. I have graduate school to look forward to in January and am simply trying to recover from burnout in the meantime so I can start 2023 with a fresh start!