Net Worth Update #5 – March 2017


At the start of each month I share my net worth, based on how much money I have in my various accounts. I started tracking my net worth back in August of 2016, but I didn’t start sharing it publicly until November 2016.

It’s my hope that by tracking and sharing my net worth through this blog I can document my entire journey to financial independence from the very beginning. This is only my fifth month sharing my net worth publicly so the numbers in my accounts are still fairly small, but they have been increasing steadily each month, which is all that really matters.

I think it will be neat to look back on these early net worth updates ten years from now and see the progress I made over time.

Without further ado here are the numbers for March 2017:

Money Market Funds
Savings Account $3,015    (+$1,939)
Checking Account $1,015    (+$939)
Total Money Market $4,030     (+$2,878)
Tax Advantaged Accounts
Traditional IRA $3,874    (+$93)
Roth IRA $4,371    (+$227)
401(k) $7,863    (+$927)
Total Tax Advantaged $16,108    (+$1,247)
Non-Tax Advantaged Accounts
Loyal3 Brokerage Account $3,025    (+$28)
Additional Brokerage Account $10           (+$0)
Total Non-Tax Advantaged $3,035     (+$28)
Net Worth $23,173     (+$4,153)


From February to March my net worth increased by $4,153. I continued to pick up tutoring gigs during February to earn some online side hustle income. I also continued to funnel money into my 401(k) account, which consists of a simple 80/20 split between an entire-market stock index fund and an entire-market bond index fund. 

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

NW Mar17

As you can see, the majority of my net worth is comprised of my tax-advantaged accounts, specifically my 401(k). I aim to contribute the maximum of $18,000 each year to my 401(k) if possible, so this will naturally be the account that holds the bulk of my money at this stage of my financial journey.

It’s interesting to see that after only 8 months of tracking my net worth, an exponential pattern is starting to emerge. As I learn more about the art of side hustling and as more dividends slowly start to roll in from my various accounts, I can see the beginning of a wealth snowball starting to take form.

I’m excited to look back on this update at this time next year and check out my progress. To everyone that has been following my short journey up to this point, I thank you and I hope you keep checking in each month.

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

I strongly suggest using free financial tools like Personal Capital to track your net worth, spending habits, and cash flow to help keep an eye on your money. The more you track your finances, the better you get at growing your wealth!

You can also sign up to have my most recent articles sent straight to your email inbox for free ?


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.

13 Replies to “Net Worth Update #5 – March 2017”

  1. Woohoo! I really like that your net worth is so down to Earth. I know you’d probably wish the number was higher, but it’s really cool to me to watch as you build it up. We’re still paying off student loans right now and our net worth is in the red, but it’s already so great seeing it improve each month. 🙂

    1. I do wish it was higher, but the fact that it is increasing each month is all that really matters. And kudos to you as well for focusing on increasing your net worth. Paying off debt is definitely the first step necessary on the road to achieving financial independence one day 🙂

  2. This is awesome!! I still can’t manage pretty graphs but I sure love to read them! Your net worth went up almost 20%…that’s huge!!! It’s funny how quickly things move once you get above $0. 🙂 Keep it up!

  3. Nice work here Zach, it’ll continue to compound once you increase the amounts.. A little nit picky although one of your MM numbers is – when it should be positive?
    Keep up the brilliant work :)!

    1. Jef, good catch…I didn’t even realize that haha I’ll get it fixed, thanks for keeping me on my toes 🙂 I think you’re right, it will keep compounding as I keep earning more, collecting dividends, etc. Thanks for the feedback!

      1. Haha all good, picked it up there 😉
        You’re welcome and keep it up. May not be around your blog for a while as I’m heading off on Tuesday to Africa for 5 months although keep on keeping on!

        1. Jeff, that’s incredible – be sure to have the time of your life! Hopefully when you get back there will plenty of more articles to read here on the blog and you’ll have plenty of stories to share from your adventures as well 🙂

          1. Hey Zach,
            I’ll still posting and will be in advance although replying to comments is going to be hit and miss..
            I’ll be sure to post up about some of my adventures although want to keep fairly focused on the blogging
            Cheers and stay well!

Leave a Reply

Your email address will not be published. Required fields are marked *