With middle of the month it’s time to review my net worth. It’s a pleasure to look at this month as the numbers have been really good. Quick overview: My net worth grew from $183K last month to just under $193K this month. This is very surprising since I did a lot of spending this month.
My retirement accounts enjoyed good market gains and jumped from 103K to 106K. My home equity number increased from 38K to 40K, due to some rebound in the condo complex in MA. My cash and possessions rose from 42K to 46K. I had to investigate this a little further and I realized that my new July tenant paid me in advance. So while I have this extra money now, I can’t go celebrate, I’ll need it to pay the mortgage over the next month and a half.
Overall it’s been a very good month – even better than last month, which I thought was quite good. I am a little cautious that the market will take a dip, so I’m going to downplay these gains. I see the 193K and I can’t help, but think that the 200K milestone is in view. I think it’s realistically at least 3 months away. With a big wedding next month, my savings is going to take a hit.