Welcome to my monthly net worth post for August, 2016. Each month, I post a complete breakdown of my net worth, along with a chart showing the progression of my net worth since the start of this blog. Posting my net worth helps keep me accountable for what I do with my money, and motivates me to make better choices and push to reach new goals. You can see previous net worth updates here.
I’m incredibly late with this month’s net worth update. My vacation led right into the long Holiday weekend, and I’ve been super busy at home and work trying to get caught back up. I did actually put together the numbers on time. I just didn’t manage to get them published here!
August 2016 Net Worth:
I’m really surprised by the amount of growth I had in August: $1,486! Most months I expect to see right around $1,500 in growth. But I took a girls trip in August with my mom and sisters. I budgeted $1,200 (or $150 per day) for food, beverages, and whatever else while on vacation. I expected the large amount of spending to wipe out most of the growth I’d have for the month. But I only ended up spending around $900 while we were gone. Plus, being away from Wednesday to Wednesday meant that I spent very little of my regular spending money over those two weeks.
Net Worth Progress Chart:
I expect the rest of the year to be fairly smooth, at least as far as net worth goes. The Holidays are coming, but I hope to spread my spending over several months, so there won’t be a big hit all at once.
And maybe things will calm down just enough so I can post my spending for August. Maybe.
- Cindy W.