Happy New Year everyone! I hope that everyone has had financial and personal success throughout 2017, and that the trend continues into the new year. In January of 2017 I had a net worth of $85,000 which is now $128,000 for an increase of $43,000. I look at 2017 as a tremendous success for me, gaining an average of $3500 in net worth each month! A little over two years ago I was barely crossing the zero line, and now I’ve built up a substantial amount without sacrificing any of the things that I enjoy doing. As my portfolio gets larger and larger, much of the increases will be at the mercy of the market. But for 2018 I’ll set my focus on continuing to save and keeping expenses down.
It’s time for another net worth update, one of my favorite things to do! I guess that also stems from the fact that I’m riding on a long streak of net worth increases month after month. I hope that everyone reading in the US had a great Thanksgiving. It was another great month for me as we head towards the end of 2017. To me it really feels like we were just in Summer, and now we’re smack in the middle of a (cold) Winter. December is off to a good start financially for me as well, and I’ve started working on a new monthly post that I’ll be bringing you later this month – so stay tuned! For now, let’s take a look at my financial progress this past month.
Happy Halloween everyone, hope it was full of lots of treats and no tricks! Time to lay off the sugar for a little while. I think Halloween was my first introduction to taxes when I was younger, with my parents taking a “parent tax” of their favorite candy. It’s no wonder I’m still trying to pay less taxes to this day! No big news for me in October, but I continue to increase my net worth at an excellent pace. I’m hoping that I’ll be able to continue to push that same progress in both November and December.
Summer is now officially over, and we are heading into the home stretch when it comes to 2017. I continue to make great progress when it comes to my net worth, with gains across the board. The largest increase was in my Roth IRA with both of my 401k accounts coming in close behind. I received a nice bonus in my HSA account this month after going for my yearly doctor’s appointment and blood work, so that was a good boost as well. The important thing is that I’m continuing to make progress in the right direction. I hope that everyone reading also had a successful month financially!
I’ve just finished calculating all my expenses for the month of August, so it’s now time to publish another net worth update. This is one of my favorite things to do, as I love tracking the progress that I’m making and seeing how the numbers are doing. It doesn’t hurt that the market has been extremely friendly to investors lately, but as long as I’m making progress I’m happy with the way things are going. I hope everyone else also had a productive August, and hopefully were able to even squeeze in a vacation in there. But you’re probably reading this to see the numbers, so let’s get right into the data now!