Current Assets: $253,919.78
Curent Liquid Assets: $134,195.02
Current Debts: -$16,975.43
Net Worth: $236,944.35
It was a solid month with an increase of $11,133.35. I've actually hit greater than $10k increases every month so far in 2013, although June will be more dependent on the markets to hit that level again. So far in 2013 I've increased my net worth by a total of $80,992.17. I know the markets have helped a lot with this increase, but the groundwork was laid last year through consistent savings and investing. This was a 4.93% increase over April's net worth and is 80.99% of the way towards my goal of a $100k increase for the year. I'll be increasing the target with my mid-year goal update although I'm still not set on what level to shoot for. After all, it needs to be a realistic target.
My after-tax savings rate for May ended up at 81.40% which was actually my lowest so far in 2013. June will see a dip below 80%, thanks to lower income but I'll do my best to save as muh as I can. I'm now averaging 83.51% for 2013 so far which is a great start towards my 80%+ after tax savings goal for this year.
I decided to also add one more chart to my monthly updates. This chart will show the number of years that my liquid net worth, essentially cash/checking/savings/brokerage accounts, would last based on the spending for the corresponding month. For May, this number came to 7.99 years. It's pretty comforting to see that if I could no longer work I could still support myself for almost 8 years based on my bare minimum expenses.
How was your May? Did you do better or worse than you expected this month?