Sept-Dec 2013 Net Worth Update


Some bloggers love capturing their net worth every month. Others say it makes their skin crawl, or feel it is too personal. At first, I was wary of doing this as I felt ashamed or that I was letting people in on the biggest secret in my life. Then I realized net worth updates are some of my favorite things to read from other bloggers (like Luke’s “Naked with Cash” series, or Jordann‘s monthly net worth summaries) and I thought “If I like it, maybe others like it too.” Some may like it in a voyeuristic way, or as a means of comparison. I hope it serves as motivation for everyone to start tracking their own net worth, even if it’s just a private thing you do when you’re bored at work, as it is the single best tool you can use to track your financial stability and progress.

I’ve decided to track my net worth on a quarterly basis, since I am a small-potatoes marketing manager and writer and my income and debt payments do not change in a very exciting way month to month. Besides, reporting three month variances is so much more impressive than month to month, don’t you agree?

In this post, I reported my new net worth because I had just purchased a house and begun renovations. Although I raided my savings to purchase and re-do the home, my net worth increased substantially to $14,993.00. from the $6400.00 it was in June (Q2) This was largely due to the equity I have in my home, and yes, I do include the value vs. debt on my home in my net worth updates. There is a lot of controversy on that subject, but it is what works best for me.

Net worth q4 2013



So, my end of year net worth was $13, 607.24 (-9.2% from Q3)

The value of my home remains firm, and while I am about halfway to where my savings account was before the house, I did have to take on a loan from my parents in November to cover the cost of the renovations/lost wedding expenses, which accounts for the large  overall decrease you see above, even though it is not included in the debt percentages above, but will be going forward.

My biggest priority in Q1 2014 is to build my emergency fund back up to 3k, then pay off my debt. We’ll see how it goes!

How did your year-end net worth turn out? 



27 Comments on Sept-Dec 2013 Net Worth Update

  1. Dee @ Color Me Frugal
    January 13, 2014 at 11:57 am (10 months ago)

    We also calculate our net worth quarterly- I agree that the numbers are more impressive that way anyway! Our net worth increased in Q4, but the debt (student loans and mortgage) isn’t coming down very fast because we’ve only been making minimum payments. We’ve decided that 2014 will be our year to pay off debt (well and probably 2015 and 2016, but hey it’s a start)! After all, we don’t want to be in debt forever!

    • Lauren Bowling
      January 14, 2014 at 4:39 pm (10 months ago)

      It is amazing to me to think I could easily hit my 30k goal this year, over half of the 15k I need is tied up in credit card/student loan debt. Let’s both pay it down this year!

  2. Jordann
    January 13, 2014 at 2:26 pm (10 months ago)

    Woohoo for net worth updates! I love doing mine monthly because it helps me se how far I’ve come, and also where I’m headed. I also love that I can look back a year or two now and see where I was say, on January 1st 2013 ($20,000 in debt).

    • Lauren Bowling
      January 14, 2014 at 4:40 pm (10 months ago)

      Yes, working on the house/home blog has made me appreciate being able to look back on tangible records of things.

  3. Kaylee
    January 13, 2014 at 2:26 pm (10 months ago)

    Good for you! I know you’re excited that things are getting built back up. Our goal this year is to get our emergency fund up, as well. I know that makes for much more peace of mind. And you’re right — I do love reading these posts!

    • Lauren Bowling
      January 14, 2014 at 4:41 pm (10 months ago)

      Thanks! Although once I hit my 3k goal, I’ll have to set a new one, so I need to brainstorm on a new savings goal. Maybe a down payment on a second property?

  4. Fig @ Figuring Money Out
    January 13, 2014 at 4:13 pm (10 months ago)

    Net worth updates are so fun! I used to do them monthly but quarterly is such a great idea I might try that. Good luck with your goals and building your emergency fund back up!

    • Lauren Bowling
      January 14, 2014 at 4:41 pm (10 months ago)

      Thank you! I wish you good luck on your financial goals this year as well :)

  5. Cashville Skyline
    January 13, 2014 at 5:50 pm (10 months ago)

    Great point regarding net worth reports on a quarterly basis vs. monthly. I may take that approach as well. I was hesitant to share mine, but it’s also one of my favorite things to read about from other bloggers!

  6. Broke Millennial
    January 13, 2014 at 7:48 pm (10 months ago)

    Good luck with your goals! I’m sure it will be fun to go back and read these early net worth posts in a few years when you’re FLUSHED WITH CASH (if you watch Parks & Rec, I’m sure you love the reference).

    • Lauren Bowling
      January 14, 2014 at 4:42 pm (10 months ago)

      I always appreciate a good parks & rec reference, p.s. how AWESOME was it to watch Amy Poehler win the Golden Globe the other night?

  7. Stefanie @ The Broke and Beautiful Life
    January 14, 2014 at 1:00 pm (10 months ago)

    My end of year net worth rose thanks to my well performing funds and stocks. Though some of them are starting to drop this month :/

    • Lauren Bowling
      January 14, 2014 at 4:42 pm (10 months ago)

      I need to get better about tracking my funds monthly, they are so small though, I often forget about them.

  8. Anne @ Unique Gifter
    January 14, 2014 at 1:24 pm (10 months ago)

    Here’s to a great 2014 :-) One of the great net worth parts of owning your place is how your equity increases with every “rent” cheque. It looks like you’ll be able to hit your 3K target fairly quickly. Good luck!

    • Lauren Bowling
      January 14, 2014 at 4:43 pm (10 months ago)

      Thanks Anne! I love owning a home :)

  9. Grayson @ Debt Roundup
    January 14, 2014 at 9:13 pm (10 months ago)

    I have personal capital calculate my net worth for me. I don’t post it, but it was good at the end of the year. It will go down dramatically once we sell the house and buy another one, but I am OK with that.

    • Lauren Bowling
      February 9, 2014 at 2:11 pm (10 months ago)

      You should try going public with it. It was hard at first, but it is definitely keeping me more accountable!

  10. Tushar @ Everything Finance
    January 16, 2014 at 4:39 am (10 months ago)

    I am sorry to hear about your decrease but I am sure your net worth will increase soon. We saw an increase in the past quarter and even in the past year overall. I like to see where other people are at with their networth!

    • Lauren Bowling
      February 9, 2014 at 2:11 pm (10 months ago)

      Thanks Tushar!

  11. zimmy
    January 17, 2014 at 6:07 pm (10 months ago)

    I have been meaning to start doing a quarterly net worth calculation with my wife for a long time now. I guess next quarter would be as good of time to start as any. I just hope that it doesn’t make us depressed. :)

    • Lauren Bowling
      February 9, 2014 at 2:12 pm (10 months ago)

      Nah. Seeing it go up, even if you are in debt is pretty gratifying.

  12. KK @ Student Debt Survivor
    January 18, 2014 at 2:49 am (10 months ago)

    I love net worth updates. I haven’t done any of my own yet, but maybe it’s something I’ll do this year since I love reading everyone elses’ so much. We just had to dip into our emergency fund, so replenishing that will be on my “to do” list this year.

    • Lauren Bowling
      February 9, 2014 at 2:14 pm (10 months ago)

      Something about being accountable in public makes it that much harder to take money from savings. It has helped.

  13. J. Money
    February 9, 2014 at 1:57 pm (10 months ago)

    I love that you’re now doing these :) It’s my favorite part of the pf blogging world!

    So much so that I just created a “blogger net worth” list, and now you’re on it – woo!

    Check it out:

    • Lauren Bowling
      February 9, 2014 at 2:14 pm (10 months ago)

      WOAH. Now I am in the big time :)

  14. Derek Olsen
    February 11, 2014 at 9:30 pm (9 months ago)


    J.Money tricked me into posting my net worth also. ;)

    We are small potatoes too, but plan on changing that.
    Thanks for posting, very encouraging stuff.

    Keep it up and good luck to you!