Net Worth Update | November 2019 | $259,684

I apologize for the late post, but November was an exciting month! My net worth increased by $12,340, which is the most it has gone up in a single month. I also hit $250,000! WOOOHOOOO! This is a great reminder that investing makes a huge impact. Out of the $12,340 increase, only $5,250 was from my accounting job.

Before I jump into my net worth, I share one way I saved money, one way I invested for my future and one purchase I regret. I hope this will give you ideas on how you can save money and invest in your future.

Saving Money

I spent $25 at Pet Supplies Plus on their Dirty Dog Discount card, which allows for 5 self-wash dog washes. It usually costs $10 per dog wash, but if you purchase the card, you’ll save $25 overall.

Investing in my Future

November was a quiet month financially. I didn’t spend anything outside of necessities but expect something to be in this section in December!

Regretful Spending

My passport needed to be renewed this month and I had misplaced my passport. I notified the government that it was lost, which mean my application fee for a renewal of $110 turned into a new application fee of $145. The day I went to apply for a new passport, I found my old passport. Ughhhhh the $35 wasted is still on my mind. 

I use a combination of Excel and Personal Capital to track my net worth and financial accounts.

Cash: $88,417 (-1,395)

My cash amount decreased this month because I transferred money into my brokerage accounts.

I have a large portion of my net worth in cash for when I purchase my first home. A significant portion of this amount will go towards a 20% down payment and furnishing my house. Don’t worry; it is held in a high yield savings account.

Brokerage: $52,330 (+6,517)

I contributed $3,500 to my brokerage accounts this month. I purchased shares of McDonald’s (MCD) at $193 per share. Most of my market gains are from Disney’s (DIS) stock performance due to Disney+.

In my brokerage accounts, I invest in a mix of individual dividend paying companies and growth stocks.

401(k): $53,501 (+4,326)

Over 50% of the increase was related to market gains and the remaining increase is from my contributions. I have $213 left till I contribute the maximum allowed for 2019!

I contribute 30% of each paycheck to my 401(k) and my employer matches a portion of what I contribute. The contributions are automatically invested in the following index funds:

- 25% Blue Chip Growth Index Fund

- 25% Large Growth Index Fund

- 50% S&P 500 Index Fund

Roth IRA: $60,052 (+1,985)

November’s market gains were mainly due to Boeing’s (BA) stock increasing slightly.

In my Roth IRA accounts, I invest in a mix of individual dividend paying companies and ETFs. You can see my stock portfolio holdings to see what companies and ETFs these are.

Pension: $3,137 (+10)

My employer contributes $10 every month to my pension.

HSA: $2,248 (+897)

I have a high deductible health insurance plan that allows me to have a health savings account (HSA). I plan to contribute the maximum amount allowed for 2019, which is $3,500 of pre-tax income for an individual. I contribute $438 per paycheck. My employer does not contribute to my HSA, only I do. My brokerage firm charges a quarterly fee of $18 to maintain my HSA. I try to not pay any fees, but this one is unavoidable and my current income tax deferral ($770) outweighs the annual fees ($72).

100% of the contributions are automatically invested in a S&P 500 Index Fund. Unless a medical emergency occurs and my personal savings are depleted, I will not withdraw from this account and will let my contributions grow. I will be saving my receipts for qualified expenses and request reimbursement when I retire.  

How was your November?

I would love to hear how your month went! If you have a financial blog, please let me know below, so I can follow you along your financial journey.

I welcome feedback and suggestions!