At the end of November, my net worth went up by 2.7%, to end at $303,693.12 which is an increase of just under $8,000 from last month. Market gains and low expenses contributed to the increase in net worth. This also marks a milestone of net worth crossing the $300,000 amount!
See the Net Worth Tracker page.
At the end of October, my net worth went up by just over 3%, to end at $295,713.53 which is an increase of almost $8,900 from last month. Company expenses incurred in September but were reimbursed in October have inflated the net worth this month by about $1,300. In addition, the stock market gains helped achieve a higher net worth.
See the Net Worth Tracker page.
As we get closer to the end of the year, it’s important to take a look at how the goals have been doing. The only thing concerning right now is that the planned Investments of 40% of income is in the “yellow” stage, which means we’re between 2% and 5% of target. We always want things to be in “green”. This means that I’ll need to allocate another $1,000 from bank accounts to brokerage before the end of the year in order to make this goal. All other primary goals are in the green, so no concerns there.
While it’s not shown in this picture, my cash flow for the year is currently sitting in the red about $2,000, meaning I’ll end the year with less cash on hand than when I started. While I still have plenty of money for emergencies, I always like to end the year with more cash than I started with. Eventually (next 1 to 2 years) I’ll be buying another vehicle, and I don’t take out loans anymore. So this means I’ll need the cash up-front to afford it.
Overall: I’m not concerned with where I’m at, and while I always want things to be better than they are, ultimately I’m confident all my goals will be met in 2017.
My Budget World 