October Net Worth Update (-5.2%)

Time for the monthly net worth update.  Which meant taking a look at my retirement accounts.  I have to say, avoiding looking at my investments for the majoirty of my month was really good for my sanity.  I generally knew that the value was falling, based on what the stock market was doing.  But I didn’t know exactly what that meant for my personal accounts.

And as expected, my net worth plummeted this month.  Down 5.2%.  Again, it was all due to the market.  My invetment accounts lost a good amount of money.  But my cash accounts grew, which means that I’m doing a good job as a saver.  I’m pleased with that, especially with the added expenses over the past month what with an unexpected trip to a family funeral and my car breaking down.

No plans for a major change this month.  I’m starting up a second emergency fund, thanks to the suggestions in the comments to my post on emergency fund guilt.  This one’s going to be for those unexpected expenses that pop up – like inexpensive car repairs.  The main fund will still contain a few months worth of expenses, in case of a major emergency.

I’m looking at renewing my gym membership this month, so I’m not sure what that’s going to cost me, but I’ve been going to the gym every day on my lunch break, so it’s clearly a worthwhile expense.  I love the break from the workday and it’s good for me.  Other than that, November is the month of NaNoWriMo, so hopefully, I’ll be spending my free time writing and not spending money!