Net Worth Update #26 – December 2018

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, so I hope readers 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 December 2018:

Money Market Funds
Savings Account $8,734 (-$88)
Checking Account $2,714   (+$1,974)
Total Money Market $11,448  (+$1,886)
Tax Advantaged Accounts
Traditional IRA $3,692 (+$72)
Roth IRA $4,742  (+$93)
401(k) $31,960 (+$634)
Total Tax Advantaged $40,394 (+$799)
Non-Tax Advantaged Accounts
Brokerage Account $64,884 (+$4,462)
Cryptocurrencies $703 (-$438)
Republic Private Investment $550 (+$0)
Total Non-Tax Advantaged $66,137 (+$4,024)
Net Worth $117,979 (+$6,709)


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


From November to December my net worth increased by $6,709.

For some perspective, here’s a look at my net worth from the past three Decembers:

What Drove the Increase?

A combination of high income and investment returns fueled my net worth increase this past month.

1. The overall stock market was flat during November. Since around 70% of my investments are in total stock market funds, most of my accounts were flat for the month.

2. I have around $10k invested in the Vanguard Consumer Staples ETF (VDC), which was up slightly in November:

3. About 15% of my net worth is invested in REITS, which had a great month in November:

4. I managed to save almost $4k in November, which was the primary source of my net worth increase:

Ups and Downs

This month I invested around $4,000 in VTI (Vanguard Total Stock Market ETF) in my brokerage account when it took a pretty serious dip towards the end of November, which is why my brokerage account balance grew by over $4,000.

Check out this post to find out why I invest in total stock market funds. 

My crypto investments have been tanking each month in 2018 and my overall balance is all the way down to $703. The good news is that in the worst case scenario I can literally only lose $703 more from this asset class (if you can call it an asset class), so my net worth will hardly be impacted by cryptocurrency price drops moving forward.

The Big Picture

My income streams outside of my 9-5 job have been steadily increasing over time, which has helped my overall income increase. Yesterday I shared my income from blogging, investment dividends, and stats tutoring for the past three Novembers to illustrate this:

November 2016: $0

November 2017: $338

November 2018: $1,597

I’m getting close to the point where I can almost cover all of my living expenses purely through income sources outside of my 9-5 job.

This increased income combined with typical monthly spending of $2,000 – $2,500 has made it inevitable for my net worth to grow steadily each month.

Looking Forward

Looking forward, my financial strategy is dead simple: continue to earn income from my 9-5 job, dividends, blogging, and tutoring, then funnel at least 60% of those earnings into investments or my savings account. Nothing too fancy.

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

My favorite free financial tool I’ve been using since 2015 to manage my net worth is Personal Capital. Each month I use their free Investment Checkup tool and Retirement Planner to track my investments and ensure that I’m on the fast track to financial freedom.

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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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