November was an expensive month! I booked some travel for the spring, bought some new clothes, and finished nearly all of my Christmas shopping. Lots of fun stuff, but lots of money spent. Here’s where the numbers landed:
My overall net worth is up a mere 2% this month. I’m still getting very little help from the markets, and unfortunately I didn’t help myself much this month with my spending. Because of my high spending, my cash is actually down by 12%. This will go back up with my next pay check, but it’s still a bit painful to see it this low. Hopefully that will help me think twice before doing any more shopping for myself this year!
My non retirement investments grew nicely, increasing by 21%. This is largely due to me continuing to invest, though a small percentage comes from market growth. Lastly, my retirement investments are up 1% this month, due in part to new contributions and in part to market growth.
Looking at the minimal growth in my net worth this month, I’m feeling a bit torn. On the one hand, I know that much of my added expenses went towards gifts for people who mean so much to me. On the other hand, I wonder why I feel the need to spend so much to show my love.
I’m also feeling like I overspent on myself a bit this month – buying some new clothes and kitchen items while telling myself that they were my “birthday gift to myself.” I didn’t go too crazy, but the reality is that I probably didn’t need to give myself a birthday present. Oh well. I’ll use this feeling of frustration as inspiration to do much better next month!
Did you make progress towards your goals in November?