Net Worth (November 2013) $528.39

I’ll do a net worth calculation every month on this blog just to show you guys where I’m at financially! There are several ways to calculate net worth (a person’s total asset value) but I’ve chosen to be strict with mine. Usually a person’s net worth calculation includes cash as well as property they own (checking/savings, investments, expensive electronics, jewelry, paid-for vehicles, etc.) minus any debt. But I’ve decided that my net worth calculations will include only my CASH MONEY minus any DEBT. My goal is $1,000,000 within 3 to 5 years! I’m obviously nowhere close to that, but hey… Gotta start somewhere, right??? Here it is…

NET WORTH (NOV. 2013)
ASSETS THIS MONTH DIFFERENCE LAST MONTH
Emergency Fund $30.50 -$297.50 $328.00
Savings $0.37 -$26.63 $27.00
Roth IRA $337.35 $117.35 $220.00
Mutual Fund $160.17 $160.17 $0.00
       
       
TOTAL $528.39 -$46.61 $575.00
LIABILITIES      
Student Loan** $0.00 $0.00 $0.00
^^^Not due until April 2014 $0.00 $0.00 $0.00
  $0.00 $0.00 $0.00
TOTAL $0.00 $0.00 $0.00
NET WORTH $528.39 -$46.61 $575.00

-My emergency fund went down due to poor planning. Thats why I’m lacking there. I’m planning on making it up in the next month and a half or so…

-I also have a tiny student loan that I won’t start paying on until April of next year so I’m not including it in my net worth quite yet! 😉

Like I said, this is a chance for me to start fresh financially! You can too!! Feel free to write a comment about where your net worth is currently and how you got there! 🙂

Sincerely,

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