Net Worth

Welcome to our May 2014 Balance Sheet!

We use the structure of a monthly income statement and balance sheet in tandem to make sure we are keeping our expenses low and planting our pennies wisely. If you’re not already tracking your finances using these two methods, go to and get started today! If you have any questions about how we do this just post a comment and we’ll be sure to help!

The high income month from selling the Jeep, combined with a solid 2+% gain in the S&P500 last month led to some strong asset growth on our balance sheet, and giving us the biggest net worth increase we’ve seen since January.

But for the month of May:

  • Our total assets went up by $27.5K
  • Our total liabilities went down by $0.1K
  • Net worth rose by $27.6K
  • Total net worth as of the end of May is $743.6K, which represents a 3.9% increase this month.

And for the details…

If you want even more fun graphs and ways to envision the potential of our investments, check out the 2014 Balance Sheets!

Monthly Financial Statements Historically