I thought I'd take a quick look at the trend that my finances have followed since the end of April.
- May - The beginning of it all. A feverish focus on frugality, a three-pay month and an amazing month in the stock market led to a 75% increase in my net worth.
- June - Vacation takes its toll. Debts were virtually flat, while May's cash surplus was eaten up by a trip to Illinois. Overall, net worth dropped by 1%.
- July - Time for a correction. Debts dropped, while cash recovered from June's depletion, and retirement investments slid along with the rest of the market. Overall, net worth increased by 3%.
- August - Back on track. Cash continued to grow, while the stock markets recovered. Throw in some debt progress, and you have a net worth increase of 31%.
- September - Life goes on. Cash was depleted again by some car repairs, but market growth and debt reduction translated to a 12% increase in net worth.
- Huge returns are common when starting on a tiny base. When I've paid off results and added another digit to my net worth, I won't be seeing many months with 75% growth. However, for the time being, it's a great motivator.
- Vacations deplete my savings. This is, on the whole, a good thing, as it prevents me from racking up debt. However, keeping a close eye on spending while I'm away on holiday should help reduce the impact of future trips.
- With retirement savings comprising so much of my investable assets, my net worth is highly susceptible to movements in the stock market. Look at my May and August numbers. 'Nuff said.