This is where we stand today:
Cash: $103,772.12 (-$2,306.23)
Investments: $135,317.62 (+$17.648.44)
Retirement: $70,979.93 (+$4,376.92)
Total Networth: $310,069.67 Total Change in Networth: + $19,719.13
A reader suggested I also track the number of years I could live off of my networth at my current saving/spending rate. Today we could live off of our networth (not accounting for future gains) for 8.23 years (+1.44 years since the last update).
This was a month where I didn't earn any commission, so we didn't have any abnormally huge sums of money coming in, but we had a good month with our investments. However our biggest accomplishment was keeping our expenses low. This month we spent a total of $3,140.74 which is lower than any other month in 2012. Let's keep bringing it down!
Here is our Networth Chart (click to view larger version):
Here is our Wall Chart inspired by Your Money or Your Life (note that the green line signifies potential, not actual, investment gains) :
Click here to see our previous Networth Updates.
Until next time,
Phoebe
What an amazing month you had! I started tracking my net worth last month. I'm no where near you, but I'm excited to watch it grow. This past month was amazing for me and I can't wait until I can be proud of my net worth!
ReplyDeleteThank you!! You should be proud right now - it is so hard to get started and I think you're doing awesome!
ReplyDeleteWow that is really impressive. It is funny that the more you track it the more you want to save and the less you want to spend. I am going through the same thing right now. I haven't whittled our spending down so much - I need to check excluding the mortgage and see what that looks like.
ReplyDeleteYou're totally right - tracking is very motivating!
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