September Net Worth 2018

Creeping up on a new annual marking of our Net Worth Growth (October) and these last 2 months have been STELLAR. Up over $50k in 60 days.

These are the days where the sheer mass of your Net Worth takes on a life of its own and you really feel the value of that compounding phenomenon.

I released my 5th Guest Post. It is now part of Mike’dUpBlog.

Kids are back to school and that means we are done paying the nanny!  My oldest kid is too old for daycare and yet, too young to be trusted.

This was the first summer we did this and it worked out well. My kids were finally able to go to all of the mid day activities that they normally miss out on with 2 working parents.

I consolidated my stock portfolios, mostly because Sharebuilder got bought up and I felt it was time to consolidate. Here is the new combined Dividend Portfolio.

Really struggling with the itch to buy some real estate, have been circling more than usual.

I also have a guilty confession. Went to Chicago. Had a fancy reservation at a fancy restaurant. Spent northwards of $400 for the two of us. Personal record. I think I subconsciously had a low key Labor Day weekend to sit back and lick my financial wounds.

P.S. That ‘Forking over Hay‘ picture works on some many levels for this update. Both hay coming in and hay going out.

My wife noticed the recent FIRE article in the New York Times and mentioned it to me. Maybe some movement on the ‘I like what you like‘ marital front???

Looking forward to FinCon18 later this month, tickets are bought. (flight for free!) This will be my first time.

I will be the handsome, albeit bald, gent wearing a  fashionable T-shirt with this pic;

September Net Worth equals total Assets minus total Liabilities.

Don’t forget to check out my Net Worth Year over Year.

Total Assets: $2,203,393 up + $ 28,773 from last month.

Accounts receivable, This is a floundering 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, 4 accounts total

Brokerage account; Dividend Portfolio

College Funds; Prepaid tuition and 529 accounts or 2 kids

Bonds; ‘I bonds’ bought through Treasury Direct

Cash & Metals; 4 accounts and a security deposit box

Health Savings Acct., Started in 2015

Total Liabilities; $401,556 down – $ 960 from last month.

Mortgage on House; Bought in 2005 Interest 3.75%

Mortgage 2nd Home; Bought in 2012 Interest 3.5%

Student Loan Paid off!

HELOC; Current APR 3.49%


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”

6 thoughts on “September Net Worth 2018

  1. Looks great! Very cool that you post these every month. I will also be attending FinCon later this month. Look forward to meeting you!

  2. Congrats on the student loan payoff, that was a pivotal moment in my path to wealth (as well paying off the mortgage).

    It is wonderful when your net worth gets to the point where it just feeds itself more than the contributions you normally put in (of course I am scared the losses will be magnified as well when the market has a downturn).

  3. That picture also works because you’re Amish.

    My son is at the same stage as your oldest. I trust him not to do something stupid, but not sure I trust him to not sit on his butt all day looking at a screen.

    The “I like what you like” marital front. That’s a good place to have momentum on your side.

    Great job building the net worth.

  4. Nicely done. And I think spending $400 on dinner once in a while is perfectly fine. I mean we spent that amount to go to Harry Potter and the Cursed Child in NYC and I am ok with that.

  5. Nice increase in net worth:)
    And I have to ask, what did you eat that was worth $400 for two? As long as it was a great meal and you enjoy it, nothing wrong with treating yourself once in a while:)

    • I started with something called the ‘Grand Seafood Tower’ and then moved into some nice steaks, sides of broccoli, elote’, and bacon/truffle/mac-n-cheese. Before and After drinks, or drankz, I can’t quite recall how many.

Let's get things nice and sparkling clear