In January the stock market tanked on the Ukraine-Russia war, and contributed to another net loss of about $11,000 to leave net worth at $733,083.55. It should be noted that this is the second time I’ve had two back-to-back months of a net worth decline since I started tracking.
See the Net Worth Tracker page for a history of my net worth.
In January the stock market was a bit of a setback, where I saw large declines from the end of 2021 which brought net worth down nearly $30,000 to end at $773,886.
See the Net Worth Tracker page for a history of my net worth.
2021 ended with 2 goals met and 1 goal missed. I met targets for investing at least 60% of net pay and maximizing the Roth IRA contributions. I missed the cash in the bank target of $28,000, having only about $21,000.
The bank account goal was missed due to significant cash flows going to unplanned expenses. Even when the goals was set out in early 2021, having $28,000 in the bank was already at risk. Along the year, a few expenses went beyond their planned amount by a total of about $7,000: car maintenance, trips / entertainment, and pet expenses. These, along with few expenses that went under budget and not enough income to offset the increase contributed to a wider than expected reduction in bank accounts.
Head over to the 2021 goals page to get details on each of the goals.
My Budget World 