Today I’ll be sharing my personal balance sheet, listing all of my assets and liabilities to figure out what my current net worth is. Tracking your net worth is a good exercise in my opinion since it provides you a quick snapshot of your financial life.
Overall September was an okay month with a small gain. Considering most of the losses were due to lower stock prices, allowing me to invest new money at lower prices (and higher yields!), I’m not complaining. 🙂 Note: the +/- after each category total represents the change only from the prior month.
Emergency Fund: $4502.14 (+0). No interest this month as my bank paid it out a day late for some reason. Thinking about possibly dropping this amount down a bit to free up some money to invest with over the next few months. Having 6 months of expenses saved up is nice but with a steady job working for Uncle Sam and very low interest rates, it’d be nice to be able to put some of this money to work.
Cash Savings: $3807.87 (-237.93).
Roth IRA: $12,842.25 (-365.33). After maxing out this account earlier in the summer, it’s just riding the ups and downs of the market at this point along with dripping dividends.
Brokerage: $13,233.81 (+1107.19). Added to this account this month with about $1500 in new money invested.
Loyal3: $3333.42 (+243.04).
Thrift Savings Plan: $1551.37 (+55.39). I started contributing a small portion of my paycheck to the TSP in March, splitting my contributions between a S&P 500 and a small-cap stock index fund. This is the one portfolio where I’m investing primarily for total return as these funds do not pay dividends. However, they do have some of the lowest expense ratios you can fund in a retirement plan.
Auto Worth: $4634.00 (-206.00). The value of my ‘ole Chevy sedan continues to slowly decline as to be expected. The only reason I include it here is that is is the one non-financial “asset” that if I ever needed to sell, could probably get close to its market value. Also a nice reminder each month to not think of cars as an investment.
Assets Total: $43,904.86 (+596.36).
Credit Cards: $410.85 (+134.40). As I never carry a balance on my cards and the billing cycles ends in the middle of each month, this is simply my current balance at the end of the month. Like a lot of personal finance bloggers, I’m only in it for the rewards!
Net Worth: $43,494.01 (+461.96).
How was your September for finances? Do you track your net worth and if so, are there any other items you track? Share below with a comment and thanks for reading!