This was a pretty average month for my net worth. Any month that it increases is a good month to me. Obviously, some months are better than others but you definitely won’t hear me complaining with any positive month. Interestingly, I found my net worth from July 2016 and it was $59,566. So, my net worth has almost doubled in one year. Pretty cool, I’d love to see my net worth double by this time next year too!

For those wondering, I use  Personal Capital to help track my net worth and I highly recommend giving it a shot (it’s completely free). You can link all your accounts and it does all the work for you. It also gives you access to a bunch of really cool tools, like the investment checkup tool.

Chart of assets listing personal, investments accounts and cash totaling $177,748

Personal

My home value stayed the same at $100,000.

My truck value actually increased from $6,394 to $6,762. +368

The only reason I can come up with for this increase is because it is getting closer to the winter months and people will be looking for four wheel drive vehicles.

Total: +$368

Investment Accounts

Robinhood account increased from $39,431 to $40,429. +$998

Roth IRA increased from $14,162 to $14,428. +$266

457b increased from $5,526 to $6,006. +$480

NYS retirement account increased from $3,422 to $3,507. +$85

Total: +$1,829

Cash

My cash decreased from $7,388 to $6,616.

Total: -$772

Total

Total assets increased from $176,323 to $177,748. +$1,425

Chart of liabilities including home mortgage totaling $59,296

Mortgage

My mortgage decreased from $59,452 to $59,296.

Total: -$156

Chart of net worth totaling $118,452

My net worth heading into July is $118,452 up from $116,871 last month! This was a $1,581 increase or a 1.35% increase. This was a pretty average month for me. Nothing too spectacular but it’s still moving in the right direction.

Brightpeak Financial has a pretty cool (and free) 7 day $500 savings challenge, where they will send you tips and advice, if you’re interested in that click here!

Age

I think it’s important to track my age and where I fall percentage wise in my age group as well. I just turned 24 years old and my net worth puts me in the 96th percentile. Also, here’s the link that I use to calculate that.

This post may contain affiliate links.

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