January 2017 – Net Worth and Expenses

The first month of the new year is already over. I changed some accounting tactics and January will be from now on a very expensive month. In the past I “distributed” certain expenses (pension contracts in this case) evenly over the year. I pay them in January and from now on I will fully book them in January.

In a comment on 1500 Days I mentioned 370k as our current net worth. Was a little bit too optimistic, but close enough to count as rounding error. I missed it by 400 Euros:

  • brokerage accounts 299.0k (+3.5k)
  • ETFs 12.0k (+0.0k)
  • cash 15.4k (-7.7k)
  • alternative investments 44.3k (+9.0k)
  • taxes -1.1k
  • total 369.6k (+3.9k) [+1.1%]

Monthly Expenses

  • January 5.2k

In 2016 our expenses were 35k (34.7k). In 2017 I hope to be around 33k. So, apart from January, our monthly expenses should be around 2.5k to reach this.