Welcome to my monthly net worth post for February, 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.
If January is typically my “down” month, then February is my recovery month. The last two years I’ve not only managed to make up what I lost in January, but I’ve also made a nice gain. Partly due to my tax refund. But the market gain didn’t hurt either.
February 2016 Net Worth:
$2,085! I have to admit, I’m pretty excited about that. My tax refund was right around $1,800. But then, I spent almost $670 of that for the vacation Bryan and I are taking next week, so it wasn’t all the refund. I’m up $1,663 from where I ended 2015. Hopefully this is the momentum I need to get 2016 rolling in a positive direction.
I haven’t paid as much as I should have toward my car loan this month. I actually have $680 sitting in savings, specifically for that purpose. Why didn’t I make the payment? Uhm… Uhm… Honestly, I think I got worried, planning a vacation, about how much money we’d end up needing. It’s ridiculous, but I still get insecure when it comes to planning with my money. Especially when it comes to planning my spending.
Net Worth Progress Chart:
You know what I like most looking at that chart? It’s been 3 years since I started this blog, and I’ve grown my net worth by $35,406! That may not seem like a lot to some. But to me? That’s been huge! And I’m so close to being debt free, I can taste it!
I’m hoping for big things this year. And I’m getting a great start!
- Cindy W.