Welcome to my monthly net worth post for November, 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.
Another month gone, without so much as a peep from me. Once again, I had plenty of things that I could have written about. Plenty of things that I wanted to write about. And yet, I never made the time to actually do anything about it.
November was definitely a complex month, with lots of highs and lows, both personally and financially. I celebrated my 38th birthday (38!) surrounded by friends and family. And, unlike my 35th birthday, I wasn’t at all upset about getting older. I think I’m finally feeling secure about where I am in my life, and the choices I’ve made. We’ll see how that holds up come my 40th!
We said goodbye to my wonderful little Pekingese, Hannah. I couldn’t have asked for a better dog for the past 8 years (She was probably 16 or 17 years old; She was a puppy mill rescue, and there wasn’t a lot of information about her history). Bryan and I had been having the “end of life” discussion for several months now, so it wasn’t exactly unexpected. Even still, it’s hard to say goodbye.
Bryan and I took a wonderful vacation over Thanksgiving. We spent 2 nights visiting a friend in Tennessee, 2 nights in Hilton Head, South Carolina, and 2 nights in Savannah, Georgia. We couldn’t have asked for a better trip! The weather was perfect. The food was delicious. Our hotels were both situated perfectly, and we were able to walk for miles and take in all kinds of beautiful scenery. The hotels and our gas was paid for with our “Lottery Savings”. We split the rest of the costs 50/50. We tend to make the most of eating and drinking while we’re on vacation, so we still ended up spending a lot. But it was definitely money well spent!
November, 2016 Net Worth:
Despite having a fairly spend-y month, my net worth increased by $1,990. The entirety of that increase was once again seen in my 401(k) balance. Making larger contributions is definitely helping that balance to grow. It’s also keeping me from spending too much: Although I do try to save a large portion of my check each week, I find myself using most of that savings for shorter-term spending goals. It’s great being out of debt, and only spending money that I have (the credit card amount is what is pending as of November 30th. I pay any balance on the car on a weekly basis). But I feel like I need some big, medium or long-term goals to get myself back on track. I’d love to see my Liquid Assets start growing from one month to the next.
Much to my surprise, I actually managed to cross over the $50,000 mark during November. With everything we spent money on, I didn’t think I’d make it. I’m only $707 away from increasing my net worth by $20,000 in 2016. That seemed like such an impossible goal at the beginning of the year. And yet, I’m almost there!
Net Worth Progress Chart:
Of course, I’ve barely even started my Holiday shopping. And I didn’t actually set anything aside this year towards buying gifts. I was hoping to just buy things slowly over time, out of my spending money. It was a nice idea, but not well thought out. I have the money to buy gifts, of course. I’ve just directed that money into other savings funds, so now I’ll need to rearrange things financially. Who knows, maybe having to take money out of other funds to buy gifts will help me rein in my spending more? That’s probably wishful thinking!
- Cindy W.