My Net Worth

“A Journey of a thousand miles begins with a single step” – Chinese Proverb

 

journey of a thousand miles begins with a single step $1,000,000 Net worth

Goal = $1,000,000 Net Worth

Ever since I was a little kid I wanted to be a millionaire. Now that I’m older I’ve refined the goal even more specifically. I want a $1,000,000 Net Worth. I don’t want the money to be rich (Does $1 Million even equate to being rich?), I want it because of the freedom I will have if I have this kind of wealth.

Why list my net worth

Ok, I’ve decided to add this page as accountability and hopefully to inspire others. Beginning in May 24, 2012 I started tracking my net worth. I had been writing it down on paper since 2009 but never tracked it. But for some reason in 2012 I started to log it and it was the best thing I ever did. If you are looking for a way to increase your net worth, start tracking it! If you start tracking it you’ll stop and think about how your net worth will be affected by each purchase you make. Try it out and see what happens.

Learn how to calculate your net worth and get a statement to find out your net worth today!

One thing I regret is that before Jan 1st 2017 I never kept a record of the assets I owned and liabilities…only for like three months out of the the three years I’ve logged. I just erased the previous months numbers with the new numbers and saved the net number in a spread sheet. I’ll be sure to start including the full picture with monthly income reports as well.

I have a negative net worth 🙁

Don’t be discouraged if you have a negative net worth. I remember when mine was a solid negative -$56,000, but I didn’t start tracking it till it was positive. If you stick to a plan of getting out of debt you’ll see your net worth grow and grow. The nice thing is once you hit the $100,000 mark it seems like your net worth grows automatically, baring a major financial meltdown.

You can do it!

My Net Worth Over Time: One day I’ll hit the $1,000,000 mark!
2017 Net Worth:
  • May 1, 2017: $214,191
  • April 1, 2017: $210,987
  • March 1, 2017: $202,847 – Boom hit the $200k mark
  • February 1, 2017: $194,754
  • January 1, 2017: $190,326
2016 Net Worth:
  • December 1, 2016: $183,651
  • November 1, 2016: $177,104
  • October 1, 2016: $172,797
  • September 1, 2016: $167,212
  • August 1, 2016: $159,946
  • July 1, 2016: $152,699
  • June 1, 2016: $145,913
  • May 1, 2016: $140,203
  • April 1, 2016: $136,619
  • March 1, 2016: $125,595
  • February 1, 2016: $117,610
  • January 1, 2016: $116,166
2015 Net Worth:
  • December 1, 2015: $113,295
  • November 1, 2015: $108,294 – Boom hit the $100k mark
  • October 1, 2015: $97,097
  • September 1, 2015: $93,201
  • August 1, 2015: $94,370
  • July 1, 2015: $89,644
  • June 1, 2015: $86,535
  • May 1, 2015: $81,770
  • April 1, 2015: $67,626
  • March 1, 2015: $61,717
  • February 1, 2015: $55,105
  • January 1, 2015: $53,552
2014 Net Worth:
  • December 1, 2014: $55,875
  • November 16, 2014: $54,432
  • October 1, 2014: $42,706
  • September 1, 2014: $36,733
  • August 1, 2014: $30,682
  • June 28, 2014: $31,024 – didn’t make one for July
  • June 1, 2014: $28,218
  • May 5, 2014: $28,483
  • March 31, 2014: $26,946 – I definitely wasn’t as disciplined as I am now when it comes to reporting this on the 1st.
  • February 28, 2014: $23,726
  • February 1, 2014: $9,557
  • January 1, 2014: $8,416
2013 Net Worth:
  • December 1, 2013: $10,408
  • November 3, 2013: $9,251
  • September 30, 2013: $9,477
  • August 29, 2013: $7,006
  • August 1, 2013: $16,058
  • July 2, 2013: $12,519
  • June 1, 2013: $15,531
  • May 2, 2013: $15,854
  • April 2, 2013: $15,459
  • March 1, 2013: $15,457
  • February 2, 2013: $8,905
2012 Net Worth:
  • December 28, 2012: $9,749
  • November 5, 2012: $5,615
  • October 5, 2012: $12,363
  • September 2, 2012: $11,363
  • August 3, 2012: $7,683
  • July 1, 2012: $2,359
  • June 3, 2012: $1,044
  • May 24, 2012: $4,745