Year: 2018

Jan 2018 Net Worth Update

Budget Guy Net Worth

At the end of the first full month of 2018, my net worth went up by 4.91%, to end at $321,989 which is an increase of just over $15,000 from last month! Market gains are the primary contributor to this.

However, as I write this on Feb 5, we are experiencing extreme market volatility – wiping tens of thousands off my net worth.  If the end of the month sees continued depression of the overall market, this could mark the second time in years that I’ve seen a decrease in overall net worth.  This time, it would be primarily because of the market and not a major expense.

See the Net Worth Tracker page.

2017 Goals Results

Budget Guy Uncategorized

The final goals results have been calculated, and the result is that all “primary” goals ended the year “Green”, while none of the stretch goals were met (“Red”).  Below is a summary of the actual results:

Primary:

  • Invest at least 40% of net income (not including 401(k) contributions).
    • Goal Amount: $31,163.84
    • Actual Amount: $31,338.78 (Goal Met)
  • Contribute federal maximum into a Roth IRA account.
    • Goal Amount: $5,500
    • Actual Amount: $5,500 (Goal Met)
  • End the year with an 8 month of emergency fund.
    • Goal Amount: $30,341.05
    • Actual Amount: $33,710.22 (Goal Met)

Stretch:

  • Invest at least 45% of net income (not including 401(k) contributions).
    • Goal Amount: $35,059.32
    • Actual Amount: $31,338.78 (Goal Not Met)
  • End the year with an 8 month emergency fund, plus an additional $15,000.
    • Goal Amount: $45,341.05
    • Actual Amount: $33,710.22 (Goal Not Met)

Dec 2017 Net Worth Update

Budget Guy Net Worth

At the end of 2017, my net worth went up by 1.5%, to end at $306,921.93 which is an increase of about $4,500 from last month. This year, every month I was net worth positive (with the exception of July, which was mostly due to a large $9,000+ bill for a new roof).  I couldn’t be happier about how the year went financially – gaining over $70,000 in net worth for 2017!

See the Net Worth Tracker page.