Net Worth Update: October 2015

networthupdateWell, the tenth month of the year was much kinder to my mint.com dashboard than the previous two. It’s interesting — my portfolio is the vast majority of my net worth, since I don’t own real estate (and especially now that a big chunk of my previous cash savings are in a taxable brokerage account.) Therefore, big swings really matter to my bottom line now, where they didn’t even a year ago. Like I said earlier this month, when I put the drop of the last two months in perspective, there was nothing to worry about. But it was definitely less fun writing the September update than it is doing this one 🙂 To the numbers!

Screen Shot 2015-10-29 at 9.16.05 PMPretty typical overall month. My post-tax income was $3209.03 (including my regular paychecks as well as a small royalty check I get once a year, bank interest, and a few dollars from usertesting) and I lived on 45% of that. Not bad.

Notes:

  1. Slush: dinner out and a concert ticket for the same night; some miscellaneous big-box-store shopping, including a massive purchase of cleaning supplies for a volunteer project and another round of glass canning jars, plus some nice storage bins for the pantry.
  2. Personal/medical: a co-pay at the health center and for some prescriptions and a drugstore.com order, but the majority of this was from a contact lens order. I’m looking forward to spending pre-tax FSA dollars on lenses next year.
  3. Gremlins: This is annoying. I got a speeding ticket on the interstate — my first in about fifteen years! Not a huge deal in the grand scheme of things, but, you know, annoying.
  4. Gifts: a donation to honor the birth of a friend’s child.

I did travel for about a week in October, but I’d already paid for the train ticket in September, and it was a very low-key trip otherwise; we ate inexpensive sandwiches out a couple of times and I paid for mine out of my cash draw, but other than that ate at my friends’ house and hung out with their baby, all of which was free to me. Gas costs were low too because my car spent so much time sitting at home while I was away.

Screen Shot 2015-10-30 at 10.03.57 PMNot too much to say here — it all looks good! Cash savings are improved, and the markets went firmly up. I don’t necessarily believe they’ll stay there, but after the last two months it definitely feels good to see that my net worth is currently well over $30,000 — it’s $31,178, for an increase of $3673 since the end of September. Here’s hoping for an equally solid November.

 

17 thoughts on “Net Worth Update: October 2015

  1. Boo on the speeding ticket!! I haven’t had one in forever either so knock on wood. Around here it;s more about the parking tickets. Congrats on a solid month!

    1. thesingledollar says:

      I’ve had a few parking tickets in the interim. But I figure if I get unlucky every 15 years that’s really ok 🙂 Thanks!

  2. Many milestones this month, saver! $3500 in your house fund, $14,000 in your 403(b) and more than 30,000 whole dollars define your net worth! Congrats!

    … though slow down on the speed there, lead foot 😉

    1. thesingledollar says:

      I know, I know, I know 🙂 I wasn’t really going faster than anyone else! (We were all speeding.) I think he might have been suspicious because I had these giant (totally legal!!!) boxes in the back of my car and he wanted to check out what was happening. That aside, you’re right — lots of milestones! I hope I’m still over $14K by the time November is over. I don’t trust this market rebound.

  3. Haha, slush and gremlins, love it. Nice work! This is awesome. I’m hoping, fingers crossed, that my situation will look somewhat like this a few years down the road, when I’ve gotten rid of that pesky student debt.

    I know that rents here in Boston are crazy high, and usually I’m congratulating myself that I managed to find a roommate situation that’s as low as it is ($700 for each of us), but then when I see the rent numbers for people who live basically anywhere else in the country, it always puts me into a temporary state of shock.

    1. thesingledollar says:

      Well, I think most places in the country are more like Boston these days. It is really, really, REALLY cheap here. I’m trying to take advantage while I can 🙂

  4. Hannah says:

    Nice job! We had a nice month, but a 15% growth in one month is no joke. Ours was less than 5%

    1. thesingledollar says:

      Well, when your net worth is as small as mine it’s easy to bump it by big percentages 🙂 thanks!

  5. Chonce says:

    Nice job on the savings and sorry to hear about the speeding ticket. Those things can be annoying. I wish I could say my month was mellow but it hardly ever is. I had some unexpected expenses and spent a lot of time trying to increase my income for next year so I can accelerate debt payments etc.

    1. thesingledollar says:

      Increasing your income is awesome though! I agree that my months are almost never mellow. January might be since it’ll be so cold I won’t want to do anything 🙂

  6. Looking good!!

    You reminded me that I’ll be ordering contacts in November (and having an eye exam), so I need to budget for them.

    1. thesingledollar says:

      It is such a pain to keep up with them! Next year I’m just ordering everything at once so I don’t have to remember them all the time 🙂

  7. Great job living on half your income!

    1. thesingledollar says:

      Thanks — and thanks for putting me in your article!

  8. Mandy says:

    Very cool. I love seeing this progress.

    1. thesingledollar says:

      It’s fun, isn’t it? I need to put a chart in at the end of the year.

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