December 2004 Financial Status

December 9, 2004 By Jonathan Ping 4 Comments
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Ok, my planned “grand opening” for this site is January 1, 2005, since 1/1/05 looked like a nice number, and I just don’t have time to make things nice-lookin’ right now.

But I did want to make a quick snapshot of my current status for historical purposes:

Assets: *= pre-tax
———–
Cash Savings: $54,983
Brokerage (non-retirement) $ 7,808
Roth IRA: $ 2,001
Traditional IRA*: $ 5,383
401k*: $11,000
529: $ 1,097
———————————————
Total: $82,272

Liabilities
————–
Credit Cards: $26,522

Net Worth: $55,750

Don’t worry, most of my credit card debt is in 0% APR accounts, or I pay off the balance every month. More on that later…

Filed Under: Goals
Last updated: August 23, 2006
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Comments

  1. Kristofer says
    September 24, 2007 at 5:02 am

    it’s amazing to see where it all started, I love seeing where great sites began!

    Reply
  2. Kalen @ MoneyMiniBlog says
    March 31, 2014 at 11:15 am

    It’s pretty cool to look back at this and see where you started. I’m sure it must be refreshing for you too.

    The funny thing is that this is where you started, yet you were still thousands ahead of most people.

    Reply
  3. naya says
    December 5, 2014 at 1:05 pm

    Would you be willing to give us a 10 year update?? December 9, 2004 to December 9, 2014 “Where Are They Now?”

    My 2004 snapshot looked eerily similar to yours. Now 2 kids, 1 federal job, 8 properties, and several lucrative investments later, I’m curious to know how our differing investment tactics have paid off.

    Reply
  4. Robert says
    September 17, 2024 at 12:36 pm

    Checking to see if you’ll give us a 20-year update post.
    How much did you end up putting your 529?
    How many years did were eligible for a Roth before doing backdoor Roths?
    What were you everyday CC vs what do you use today?

    Reply

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