In each Net Worth update, I disclose expenditures for the month, savings rate for the month, and progress on my path to Financial Independence (FI).
I track my net worth because it’s a benchmark that I alone can keep myself accountable. The path to FI is a long road that can be easy to wander off. Through monitoring monthly budgets, and additions to investment and saving accounts, I am able to steer the ship in the direction to FI.
The longer I track my net worth, the better I feel about months where slip-ups occur. Simply, because I know I can get back on course with some frugality and dedication. I like looking back to where I was when I began this journey, and I look forward to having more and more years to look back upon as the journey continues.
I hope that my path and progress helps you out, as much as it does for myself. And, if anything, I hope these monthly updates are as inspirational to you, as others’ monthly net worth updates have been, and are, to me!
January: $45,803.83 (+430.83)
December: $44,653.00 (+1,742.97)
November: $42,910.03 (+2,160.55)
October: $40,749.48 (+972.59)
September: $39,776.89 (+1,106.39)
August: $38,670.50 (+1,990.50)
July: $36,680.00 (+2,451.00)
June: $34,229.00 (-200.00)
May: $34,429.00 (+1,717.00)
April: $32,712.00 (+1,810.00)
March: $30,902.00 (+2,369.86)
February: $28,532.14 (-922.19)
January: $29,454.33 (+18,611.33)
December: $10,843 (+243)