Net Worth

Welcome to our September 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!

While we had some good after-tax savings this month (over $7K!) on our income statement, most of that actually got eaten up by losses in our equity portfolio.  With over $400K in various brokerage accounts, and an equity heavy allocation, it takes less than a 2% dip in prices across the board to eat up all those gains and then some.  While that didn’t (quite!) happen this month, we came darned close.  It’s a good reminder – the bigger our holdings get, the less of an impact our month-to-month savings have in comparison to the market swings.

Now, that’s not to be taken as a disincentive to save, but rather just a reminder that we need to get used to feeling the up and down motion of the markets and being okay with it in much the same way that when you get on a boat for the first time you need to get used to the up and downs of the waves.  In that sense, we’re earning our “sea legs” right now.  So far, no need for barf bags or Dramamine.

So for the month of September:

  • Our total assets went down by $0.3K  (oh no!  wrong way!)
  • Our total liabilities went down by $1.1K
  • Net worth rose by $0.8K
  • Total net worth as of the end of September is $787.1K, which represents a measly 0.10% 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