Current Assets: $499,333.05
Curent Liquid Assets: $141,537.03
Current Debts: -$191,334.71
Net Worth: $307,998.34
I almost hit the $500k assets mark which I didn't expect to see until probably sometime in 2015. Granted over $200k of that is due to our recent house purchase, but it's still amazing to see. After our second mortgage payment we're now sitting on 20.20% equity in the house. The monthly net worth increase was a 4.67% increase over the end of October and brought the total 2013 increase to 97.50%!!! My original goal for the year was a $100k increase in my net worth which I've been able to zoom past. I've since revised my goal higher twice this year and I've now passed the most recent revision of $306k. My net worth at the end of November ended up just shy of $308k for a total increase of $152,046.16 which blows my mind. The markets have played a big part in the increase this year but I've been doing the best that I can to insure that my savings rate remains high.
My after-tax savings rate for November ended up at 78.82% which is great considering the elevated expenses for the month due to our house purchase. Going forward I expect it to drift down to the mid-70% level which will be just fine by me. I'm now averaging 82.36% savings rate through the end of November which is ahead of my 80%+ savings rate goal. This is only savings from my net income that actually hits my checking account. However, I do have another 8% after tax being withheld to purchase shares through the employee stock purchase plan provided by my employer.
My non-retirement accounts net worth took a big dip from October due to the the higher expenses. Based on my expenses from November my liquid savings would last for over 5.01 years, which is a 1.77 year decrease from October. Luckily this should get back on it's rising ways as my expenses level out from here.
How was your November? Did you do better or worse than you expected this month?