Net Worth Update #18 – April 2018

NW Apr 18
3 min read

At the start of each month I share my net worth.

I have always found it motivational and just plain interesting to follow along with a blogger’s net worth journey, which is why I hope readers can find value in following mine. I shared my first net worth update back in November 2016 and have been sharing monthly updates ever since.

Here are my numbers for April 2018:

Money Market Funds
Savings Account $10,000  (+$939)
Checking Account $2,186   (+$1,226)
Total Money Market $12,186  (+$2,165)
Tax Advantaged Accounts
Traditional IRA $3,812  (-$43)
Roth IRA $4,406  (-$453)
401(k) $26,738  (+$598)
Total Tax Advantaged $34,956  (+$102)
Non-Tax Advantaged Accounts
Brokerage Account $31,435    (+$1,412)
Cryptocurrencies $2,065      (-$1,956)
Republic Private Investment $550         (+$0)
Total Non-Tax Advantaged $34,050    (-$544)
Net Worth $81,192 (+$1,723)


Here’s a look at my net worth progression since I started personally tracking it back in August of 2016:

NW Apr 18 - 2.JPG


From March to April my net worth increased by $1,723.

This was my smallest monthly increase in a long time for a couple different reasons.

First, cryptocurrency prices took a nosedive this past month, shedding half of their value. This led to an unrealized loss of about $2,000. I’m treating this investment (it’s tough to even call it an “investment”) as a long-term bet on crypto in general. I’m predicting that prices will eventually skyrocket or go to zero over the long-term. Either way, I don’t plan on touching my crypto holdings for many years.

Second, the U.S. stock market shed around 3% of it’s value this month, which is where I have close to 80% of my total investments sitting in various accounts. This was another reason for my sub-par net worth increase.

I did, however, invest $1,000 in VTI (Vanguard Total Stock Market ETF) in my brokerage account on two separate occasions this month. If the market continues to slump, I’ll  continue to pick up shares.

Looking Forward

Looking forward, my primary goal is to increase my monthly income outside of my day job. As I mentioned in my Income & Expenses Update yesterday, I brought in $836 in March outside of my 9 – 5 job, which covered 62% of my total monthly expenses.

I’m actively trying to cover 100% of my expenses through a combination of dividends, blog income, and tutoring. If I can get to that point, I technically wouldn’t even need a 9-5 job to support my lifestyle.

So, while I do want to increase my net worth, I’m actually more concerned with increasing my monthly income. 

Over the next few months I plan on picking up more shares of VTI, hopefully getting back into the rhythm of stats tutoring, and patiently moving towards the $100k net worth milestone.

Thank you to everyone that has been following my financial journey up to this point. I hope you keep checking in each month. If you have any questions for me or want to discuss your own financial journey, feel free to shoot me an email at

That’s all for this months update, thanks for reading 🙂

My favorite free financial tool I use is Personal Capital. I use it to track my net worth, manage my spending, and keep an eye on my monthly cash flow. It only takes a few minutes to set up and it makes tracking your finances simple and easy. I recommend trying it out.

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Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

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