Category: Net Worth Reports

Net Worth Report: Quarter 2, 2019

Posted by on 21 July 2019 in Net Worth Reports

It’s been a long time between drinks (again)! Here’s the second Net Worth Report since we changed from a monthly to a quarterly format.

This quarter couldn’t have been more different than last. In fact, for the first time, my net worth actually reduced in one month!

Although this wasn’t entirely under my control, this quarter has been a big kick in the butt and a reminder to be more mindful with my spending.

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Calculator with green background

Net Worth Report: Quarter 1, 2019

Posted by on 10 April 2019 in Net Worth Reports

It’s been a long time between drinks! Here’s the first Net Worth Report since we changed from a monthly to a quarterly format.

It was a very successful quarter, with the share market returning well and some unexpected income. And I took the opportunity to refinance my mortgage to a more reasonable rate!

And in the background I’ve been working on something that I think you’ll all like. A new online calculator. The first of it’s kind. I’ll tell you all about it later in the post!

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Investment Growth

2018 Net Worth Report: Year in Review

Posted by on 5 February 2019 in Net Worth Reports

I think it’s good to take some time every six to twelve months to evaluate the progress of our journey to financial independence. Not only is it motivating to recognise our progress, but we can also identify areas where we are falling short and develop ways to improve.

With that in mind, here is my year in review for 2018. I review my Profit and Loss statement and Balance Sheet for my entire financial independence journey, describe how my money flows between accounts, and share my successes and  failures.

Plus there are a few little announcements at the end!

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November 18 Net Worth Report: Weird Income Sources and Good Savings Habits

Posted by on 5 December 2018 in Net Worth Reports

Last month I showed you how the share market really hurt my progress. I barely added to my net income, despite saving quite a bit of money.

My focus for this month was to get back on track and grow my net worth as much as possible. And despite every house bill known to man hitting me this month, I was able to do it with a little help from my friend ‘airline compensation income’.

Sometimes bad events (like a cancelled flight) have silver linings (free money). Let me tell you what happened…

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October Net Worth Report

October 18 Net Worth Report: My first really tough month

Posted by on 8 November 2018 in Net Worth Reports

Last month I talked about how things were falling into place and I was finding it easy to grow my wealth. I spoke to soon. This month was tough.

It was my first experience of the share market correcting; it lost something like 10% of its value during the month. It really hit my investment account and funds in my super. At the same time, I had a number of unique circumstances in October that resulted in quite a bit of additional spending.

Together, this all really took a hit on my net worth. Let’s see how much….

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A folder with Sep written on it being placed into a piggy bank

September 18 Net Worth Report: I’m On A Roll

Posted by on 9 October 2018 in Net Worth Reports

I’ve reached my third month of recording my income, expenses and net worth. This month I noticed that my spending was so-so. I neither blew my budget, nor turned into a super frugal saving machine.

In a way, I guess this is how things are supposed to be. I’m starting to turn sensible spending behaviours into a way of life. It’s not a sacrifice, it’s just how I spend my money!

And despite not feeling overly satisfied about my spending habits this month, I was still able to grow my net worth more than previous months.

Things just seem to be falling into place, let’s see how that happened…

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August Net Worth Report

August 18 Net Worth Report: Back on Track

Posted by on 9 September 2018 in Net Worth Reports

Last month I shared my net worth to the public for the first time. I was pretty nervous — but I didn’t need to be!

So now I’m back for more, here is my August net worth report.

This month’s focus was to get back on track after spending lots and lots of money on my Europe trip in July. I’m proud to say that I was able to contain my spending, whilst finding a really fun (but still reasonably cheap) new hobby.

In fact, I’m starting to think that the secret to early retirement might just be persistence, being mindful about your spending, and appreciating the little things.

Read on to find out more…

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Calculator with green background

July 18 Net Worth Report: A Rocky Start

Posted by on 6 August 2018 in Net Worth Reports

I’ve always claimed that I started Ordinary Dollar to build a blueprint to early retirement and show that anybody (even an ordinary person) can achieve it.

An important part of this blueprint is being transparent about my own finances. And now it’s time to put my money where my mouth (or my typing fingers) are. Honestly, I’ve been hesitant to hit publish on this blog post — but here goes!

In this post you will find an outline of my income sources, a breakdown of my expenses, and a snapshot of my total wealth.

Unfortunately, not all goes to plan. This month I spent more than I saved. Not exactly great for a blogger than claims he can help people reach early retirement!

Actually, there’s a good reason why I spent so much money this month. And it turned out to be a very interesting lesson: although I spent more than I earned, my net worth still grew in July. What!?

Want to learn how I grew my wealth despite saving nothing this month? Read on…

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