my our net worth for the first time a month ago. I was shocked by the amount of interest that people have in this information. I think I understand though. Net worth is a big secret and I think that people wonder how they stack up to others. We can see the statistics that are released and try to peg ourselves against the various statistical means and medians for age groups or income ranges but it does not feel relatable.
I have decided to do my best to track our net worth monthly. When I sit down to calculate our monthly spending, I have always calculated a ballpark figure but never tracked it so closely.
While the family slept this morning, I downloaded all our account information and added it up. SHOCK and AWE! Our net worth actually went up in October. I was surprised because I know that some of our holdings are down from where they were last month. After going through the numbers a few times, I realized that one of us got our employer match so that is the main reason for the increase. It was a nice surprise.
I don’t really lose any sleep over our net worth. Even when the market is in free fall, I don’t sweat it. I spend more time tearing my hair out over our monthly spending. I think I need to start posting that as well because that is the area we really need to work on and a major source of stress for me.
Updated net worth as of November 2, 2014.
- This does not include my pension. I don’t include it because I do not have access to that money and I am not counting on it for another 20+ years. It is my hedge against inflation.
- This does not include our woefully underfunded education funds.
- Does not include vehicles and other motorized toys, personal effects, precious jewels, furs (yeah right!), art, etc.,
- Figures have been rounded.
That’s it! How was your October?
You can find my net worth and on the The Ultimate List of Blogger Net Worth at Rock star Finance.