November Net Worth 2017

Upward Trending Months are Awesome.

This month I included 2 new graphs to track the month over month progress of both Assets and Liabilities for the year to date.

We made some stock portfolio consolidations. The cottage is probably done for the season, but in the black for the first time ever!.

Check out my current track record of Net Worth Growth since 2007.

Total Assets: $2,080,087 up + $ 15,590 from last month.

Accounts receivable, This is a business deal from 2014

Boat & Cars, Depreciating assets, but cars newish in 2015

Real Estate 2nd home/vacation rental

Primary Residence

Retirement accounts; 2 people, 2 jobs each, 5 accounts total

Brokerage accounts; 2 taxable stock accounts

College Funds; Prepaid tuition and 529 accounts or 2 kids

Bonds; ‘I bonds’ bought through Treasury Direct

Cash & Metals; 6 accounts and a security deposit box

Health Savings Acct., Just started in 2015

Total Liabilities; $438,531 down – $575 from last month.

Mortgage on House; Bought in 2005 Interest 3.75%

Mortgage 2nd Home; Bought in 2012 Interest 3.5%

Student Loan ZERO Balance, in the rear view mirror!

HELOC; Current APR 3.49%

TOTAL NET WORTH $1,641,556

Tracking your own net worth is perhaps the second most important thing you can do to improve your financial picture. Budgeting your expenses to see where the money goes is probably still number one.

Budgeting is like paying attention to ball game while tracking net worth is like paying attention to the baseball season.

Months can goes up or down, you need a longer picture to evaluate your progress. You are either bringing in more money than you’re spending or you are losing money each month. Tracking Net Worth is easy, useful, and addictive.

Don’t Forget; “Comparison is the Thief of Joy”

7 thoughts on “November Net Worth 2017

  1. The 1 year increasing asset graph looks great, but it is even more impressive when viewed alongside the shrinking liabilities graph. Great progress. Keep up the good work.

    • I contribute about $4,456 out of paychecks a monthly to savings, the rest would be from growth. Pretty much.

  2. Wow! Incredible job paying the liabilities down. Was it a tough decision to choose to pay those down instead of investing that cash? Hopefully, I’ll be running into that big decision soon. One of our rental homes is up for sale.

    Great job with your progress… you’re killing it!

    • Struggled for sure, paying down debt is boring, stuffing more cash into dividend stocks is exciting. We really waffled on that one for awhile

  3. Terrific progress on the net worth. I like the balance between the investment and retirement accounts, as this will provide nice flexibility with regards to having access to funds prior to a “normal” retirement date. Looking forward to reading more here on the blog. Take care.

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