Here are the numbers broken down:
Assets increase: $8,983.75
Debt decrease: $2,447.84
Net increase: $11,431.59
While I’m super happy at the overall number, I was much happier when last month’s break down was way more of a debt reduction than an asset increase. This month was completely market related, which has nothing whatsoever to do with any accomplishment on my part other than not touching my 401k’s.
I noticed that the market was way down last Friday. I’d actually be thrilled if it stayed that way for an entire month. At the end of this month, my employer pays out our annual contribution. Buying shares low on that day would be great, of course. It can go back up after that lol.
Tracking my net worth has become instrumental to my success with my finances. It motivates me every day to stay on track and make smart financial decisions. Start using mint.com or Personal Capital to start tracking yours today!
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