I can’t believe that it’s December already! The days of 2014 are quickly slipping by. After this, there will only be one more net worth update for this year. So, How did I do?
I’m pretty excited about my progress in November. I managed to grow my net worth by $1,187 in the past month. That means I only have $249 to go to make my goal of growing my net worth by $10,000 in 2014!
Of course, making my goal still isn’t a certain thing. December is going to be a pricey month! My 6 month car insurance premium is due (~$400), the license plates on my car are up for renewal (~$400), and I have presents to buy for Christmas (I have $650 left in the budget for the Holidays). That’s a lot of money, on top of my normal expenses.
I’m still hopeful of how the rest of the year will shake out. I’ve already met my debt payoff goal for this year. I’ll likely be short on my 401(k) goal, but not by much. Due to Thanksgiving, my current balance doesn’t show my employer’s November contribution, so, assuming the market remains steady, my account should show a good sized bump in December. Actually, if the contribution had made it in a few days earlier, I’d have already met my overall goal of growing my net worth by $10,000 (to $11,216).
One more month, then it’s on to the 2015 goals!
– Cindy W.