Live Off Dividends

Passive Income and Personal Finance

Net Worth Update: May 2017

Another positive month! Nothing major here but it’s definitely a step in the right direction.

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.

screen-shot-2017-05-31-at-8-43-55-pm

Personal

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

My truck value decreased from $6,700 to $6,591

My car value decreased from $5,400 to $0.00. (I sold it).

Total: -$5,509

Investment Accounts

My Robinhood account increased from $37,162 to $38,127 this month.

My Roth IRA decreased from $14,014 to $14,013.

My 457b increased from $4,679 to $5,083.

Total: +$1,368

Cash

My cash increased from $1,463 to $6,233.

(I managed to sell my car last month that’s where this large increase came from)

Total: +$4,770

Total

My total assets increased from $169,418 to $170,047.

screen-shot-2017-05-31-at-8-44-39-pm

Mortgage

My mortgage decreased from $59,745 to $59,599. I managed to pay a little extra on my mortgage this month.

Total: -$146

screen-shot-2017-05-31-at-8-45-32-pm

My net worth heading into June is $110,448 up from $109,673 last month! This was a $773 increase or a 0.70% increase. Not a huge increase this month but I’ll take anything that’s headed in the right direction. I’m hoping for a good month in June!

Age

I think it’s important to track my age and where I fall percentage wise in my age group as well. I’m currently 23 years old and my net worth puts me in the 96th percentile. Here’s the link that I use to calculate that as well.

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2 Comments

  1. Interesting to see your networth, thanks for sharing! I currently do not check on my net worth but maybe in the future I’ll do some digging and see what I can come up with.

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