November 2014 – networth and expenses
Things are getting better after last month’s disaster.
- brokerage account 103.0k
- mutual funds 63.0k
- “bonds” 20k
- cash 3.5k
- gold coins 9.0k
- total 198.5k
This is an increase of 9.9k (+5.2%) over last month. I was hoping to jump back over the 200k level (which I did during the month). After all it is almost +10% over last year’s figure (180.3k). And 20k seems to be our usual yearly contribution. So things are looking still okay.
Cash holdings are down significantly and I moved it into an alternative investment (which pays bond like interest). If there is the need for cash I will sell some mutual funds. I have approximately 50k in a conservative funds.
Monthly expenses
- January -2.7k
- February -3.1k
- March -3.0k
- April -3.2k
- May -3.8k
- June -2.4k
- July -2.6k
- August -2.8k
- September -2.4k
- October -2.4k
- November -2.9k
I did not met my goal of less than 2.5k for the month of November (see below for the explanation). But as stated in October’s report I got the refund (on the last bank day of the month), so I reduced September and October in retrospect. Together with June this marks 3 months as success!
Notable subcategories
- housing 1010 (including one time fees of 412)
- groceries 245
- children 131
- travel 293 (5 nights Airbnb)
- going out 109
- pension 307
So, if I remove the short trip and the one time fees for housing I’m well below 2.5k. I could even reach sub 2.0k (which is my true goal). I know I can get there by cancelling the pension contracts (which I will investigate next year) and some useless insurance policies (that my wife still clings to).
No More Waffles 15:48 on 2014-12-03 Permalink |
Well done, pal! Massive increase and great monthly savings!
Keep it up,
NMW
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December 2014 – networth and expenses | EurFI - European way to Financial Independence 21:53 on 2015-01-02 Permalink |
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The Net Worth of Personal Finance Bloggers 19:29 on 2015-02-02 Permalink |
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