Net Worth Update – August 2015

It’s officially the last day of August! I didn’t really foresee much going on today (at least financially), so I went ahead and put the numbers for this month together last night:

Net Worth as of August 30, 2015
Net Worth as of August 30, 2015

Not exactly a stellar month, but I did see $792 worth of growth. The markets didn’t fare so well this month, so I’m actually kind of glad to be showing any growth at all; Last week it was looking like I would see a decrease in net worth this month. I did end the month with a slight loss to my 401(k) plan and Roth IRA. But paying extra towards my car loan helped balance that out. And, since I’m continuing to contribute to my 401(k) plan, I got to take advantage of buying when the market was low. Overall, it’s an ideal situation when you’re buying index funds, and still have decades in the market before retirement.

I’m also continuing the pattern of overall growth for 2015:

Chart of net worth growth since the start of time (or the start of this blog).
Chart of net worth growth since the start of time (or the start of this blog).

Continuing to trend upwards is a great thing. The last few months I haven’t been seeing the type of growth I would need in order to make my secondary goal of growing my net worth by $20,000 in 2015 (to $31,696). But I’m okay with that; I knew it was going to be a stretch goal when I set it. I’m still going to push ahead and continue to try. Even if I end up short, I’ll still be in a better position than when I started!

Now I just need to figure out how to reign things in for the Holidays, so I don’t end up blowing the rest of 2015!

– Cindy W.


  1. Hee, I also saw about $800 of growth. The markets put a serious drag on me (I lost about $1000 over the month, but I contributed too, so the raw numbers look less bad.) Post coming tomorrow. You’re making real progress on that car loan — must feel good to be able to drop the second digit by 1 every month!

    1. I was a little worried last week when I thought I was going to end August down from where I ended June. That’s the only time the market swings really bother me, when it keeps me from growing my net worth month over month. Which is silly, and one of the problems with setting goals according to net worth. I figure I lost about $600 in my 401k (combined with contributions), and $51 to my Roth.

      Yes, the car loan progress feels amazing! I’m hoping to up what I’m putting towards it in the next few months, assuming things continue going well with Bryan’s job. We’ll see!

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