I like to track my family’s financial progress through monthly net worth updates. Net worth is simply the value of all of someone’s assets minus all of their liabilities. To calculate it, I add up all of our household assets (ie. stocks, bonds, mutual funds, real estate, gold etc.) and subtract any outstanding liabilities (ie. debt owing – things like credit card debt, mortgage debt, line of credits etc).
The result is simply a snapshot of what my family is worth at a particular moment in time and does not give any of the relevant details as to how or why we reached that point. For that kind of information, please refer to our dividend income / monthly highlights section.
In general, I want to see that my assets are increasing and that my liabilities are decreasing. The net worth updates just lets me know if we’re headed in the right direction.
Net Worth Updates Archive:
November 2018 Net Worth $1,093,028
October 2018 Net Worth $1,124,547
September 2018 Net Worth $1,140,602
August 2018 Net Worth $1,130,746
July 2018 Net Worth $1,112,324
June 2018 Net Worth $1,106,048
May 2018 Net Worth Update $1,093,335
April 2018 Net Worth Update $1,092,107
March 2018 Net Worth Update $1,091,092
February 2018 Net Worth Update $1,091,557
January 2018 Net Worth Update $1,081,585
December 2017 Net Worth Update $1,076,025
November 2017 Net Worth Update $1,061,697.79
October 2017 Net Worth Update $1,035,179
September 2017 Net Worth Update $1,015,270
August 2017 Net Worth Update $1,004,011
July 2017 Net Worth Update $998,174
June 2017 Net Worth Update $995,859
May 2017 Net Worth Update $988,014
April 2017 Net Worth Update $961,548
March 2017 Net Worth Update $953,365
February 2017 Net Worth Update $929,018
January 2017 Net Worth Update $924,174
December 2016 Net Worth Update $911,965
November 2016 Net Worth Update $900,140
October 2016 Net Worth Update $893,203
September 2016 Net Worth Update $880,705
August 2016 Net Worth Update $866,565
July 2016 Net Worth Update $847,159
June 2016 Net Worth Update $817,018
May 2016 Net Worth Update $803,712
April 2016 Net Worth Update $784,276
March 2016 Net Worth Update $749,467.50
February 2016 Net Worth Update $744,711.53
January 2016 Net Worth Update $744,643 (-0.14%)
December 2015 Net Worth Update $745,712 (+1.71%)
November 2015 Net Worth Update $733,181.32 (+2.94%)
October 2015 Net Worth Update $712,231.40 (+4.55%)
September 2015 Net Worth Update $681,259.02 (-0.67%)
August 2015 $685,875.58 (-0.58%)
July 2015 $689,920.53 (+1.17%)
June 2015 $681,962.81 (-2.60%)
November 2014 : $683,452.47 (+3.04%)
October 2014 : $663,231.12 (+0.005%)
September 2014 : $659,963.18 (+2.13%)
August 2014 : $646,182.38 (+1.90%)
July 2014: $634,138.14 (+2.11%)