Our net worth in October took a hit. Seeing numbers go down can be hard to digest but it’s the reality of investing and while it decreased, our overall cash investment increased. The main contributor to our net worth decreasing was the drop in stock values due to bank rate and uncertainties. This isn’t a major concern as we hold our shares for 3+ years.
If our net worth in October decreased, do we expect our net worth to do the same for November? Nope, we’ve forecasted a modest increase due to how paychecks fall, an expected mini stock market surge, and the spending we have planned to finish up purchasing the majority of our baby’s things. Mainly big ticket items are left for holiday sales like the stroller, car seat, and play yard. Check out last month’s net worth here.
Student loans are going into repayment this month with my $77 payment being auto-debited on the 23rd. It’s not outrageous but the fact I even have student loans is due to the failure of the Feds when changing the submission date in 2017. I was abroad and couldn’t provide the documentation they needed to prove our 2016 income had decreased significantly, forcing me to cover the aid gap with loans vs the actual grant aid I qualified for.
