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Money Prowess

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Net Worth

Net Worth Update April 2017

I feel strapped for cash all the time. Forward progress is happening, but it doesn’t feel forward enough. Fast enough. Can’t I just be early retired already?

Progress is painful. It’s like I’m mile 2 into a marathon, just realizing that the longest I’ve run before is a 5k and that I already feel a cramp coming on. It’s like it’d be so easy to just say f-it, give up now, and I could still pat myself on the back for nearly besting my personal best. Holding myself to task with this public monthly reckoning is helping to hold me accountable.

Net Worth: $32,939

Continue reading “Net Worth Update April 2017”

Net Worth Update: March 2017

I finally hit over 100k saved in my retirement accounts! Derek and I combined have over 150k. I hope the stock market doesn’t dip anytime soon. It’d totally rain on my victory parade.

Net Worth: $30,016

Continue reading “Net Worth Update: March 2017”

Net Worth Update: February 2017

I’ve started to contain and extinguish the raging dumpster fire that is my monthly cash flow. It’s still going to be a struggle to find the right balance of saving, spending, and feeling in control.

Net Worth: $21,285

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Net Worth Update January 2017

Starting the year out strong!

Net Worth: $14,107

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Net Worth Update: December 2016

Net Worth: $10380.25

Winning and losing at the same time

Our net worth is still climbing. But if you look at what we’re doing, you can see we’re still sustaining some bad habits. Student loan debt is holding pretty steady. Credit card debt is steady or growing.

Continue reading “Net Worth Update: December 2016”

Net Worth Update: November 2016

I’ve started to slack in my timely reporting, but I did at least crunch the numbers early November.

Net Worth: $5091

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Net Worth Update: October 2016

My investments continue to save me from drowning in my credit card and student loan debt.

Net Worth: $6425

Money Prowess Net Worth Update October 2016

If you look closely at the changes in my savings balances compared to the changes in my credit card balances, you’ll notice a bunch of money shifted accounts.

The Good, the Bad, and the Ugly

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Net Worth Update: September 2016

It’s not all onward and upward.

Net Worth: $3972

Our net worth has shrunk by the cost of a bar tab. We’re worth $46 less than last month. How September compares to August is a great reflection of why it can be problematic to check your net worth monthly. The end tally doesn’t tell much about the picture. The details of what’s good and what’s bad need to be scrutinized. I don’t feel bad about this downturn. It shows that my stock portfolios were slightly inflated in price month over month and recent gains have come back down a little bit. They’ll soon grow again, so I don’t care.

money-prowess-net-worth-update-september-2016

Continue reading “Net Worth Update: September 2016”

Net Worth Update: August 2016

If ever there was an argument for saving early and often, our changes in net worth over the past three months alone represent the sheer power of compounding interest.

June 2016: We were at minus $4,328!

July 2016: We came out of the red to the tune of $619

August 2016: We’re now $4018 positive!

The Details of How Our Net Worth Changed Month Over Month

Money Prowess Net Worth Update August 2016

Net Worth: $4018

I’ve done no significant and fancy hoopla to power up our savings or pay down our debt since I started monthly tracking net worth. In fact, looking at the month change, there’s some bad stuff happening. My student loan balances are growing. A couple of my investments took a small hit and shrank. But that negative is countered by a bigger, stronger positive flow of strong investment returns and paying down my credit cards.

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