I’m continuing the trend to track my progress into early retirement, even if I am a little late with this post this month! The numbers were all calculated ahead of time, I just had to find time to write the actual post. Net worth growth was slow in January so I felt like that would slow progress when it came to early retirement, but it seems like I’m still moving in the correct direction even with the mostly flat progress. Spending has been trending down lately, but I expect that to rise like I had mentioned in a previous post. I do love putting a date to everything, as that gives me a tangible goal to work towards – even if it just an estimation at this point.
First month of 2018, and it wasn’t the greatest month for my net worth compared to the last few months of 2017. We also have the market going haywire so far this month, so I don’t think I’ll be seeing any impressive gains at the end of this month either. The important part is that I am continuing the same pace of savings, and that should help to boost my portfolio at the time. I’m still making steady progress, and I’ll focus on my savings rate which I can control. The market will do what it wants, and over a longer timeline it should go up rather than down.
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.