Monday, November 11, 2013

November 2013: $121,311 (+$9,187)

Bank accounts$69,847
Investment account$90,291
Pension savings$9,338
Student loan$–48,164
Net worth$121,311
Burn rate5,7 years
Savings rate62,2 %
Millionaire month   May 2025

Great month because of extra earnings from work and a good stock market. I have moved nearly one third of the money invested in mutual funds to a "home-savings-account", a bank account with a good interest rate (now 4.65 percent), where the money is tied up and can only be used to buy a home. I now have about $65,000 earmarked for buying my first home.