Net Worth: 2018-10-01

September is complete and Dr. SoS and I made it through both having another birthday. We are both swimmers and both a Virgo. Before we check out how September turned out for the SoS clan, do you know the answer to the following?

How do you know that a personal finance blogger is a Virgo?


They show their net worth to the penny.

I do not really know if that is true, but if you are a Virgo and also a personal finance blogger, maybe you can let me know if you are as down-to-the-penny as I am.

Net Worth: 2018-10-01

ASSETS 2018-10-01 2018-09-01 % CHANGE
Cash Savings $21,414.22 $21,457.73 -0.2%
Cash Back/Gift Cards $933.66 $936.77 -0.3%
Brokerage/Crypto $3,468.31 $6,308.54 -45.0%
Retirement $501,890.23 $507,487.03 -1.1%
MOST 529 $5,403.31 $4,985.70 4.0%
House $305,000.00 $303,000.00 0.7%
Cars & Boat $46,610.00 $47,572.00 0.1%
TOTAL ASSETS $884,719.73 $890,956.49 -0.7%
Credit Cards $4,270.87 $7,573.28 -43.6%
Car Loan $16,200.00 $16,800.00 -3.6%
HELOC $25,116.77 $27,000.00 -7.0%
Mortgage $182,548.58 $183,818.38 -0.7%
Student Loans $209,719.25 $209,916.87 -0.1%
TOTAL LIABILITIES $437,855.47 $445,108.53 -1.6%
TOTAL NET WORTH $446,864.26 $445,847.96 0.2%

Cash Savings

We spent $1,800 from our cash savings to pay for a vacation for just the two of us, Dr. and Mr. SoS. This was cash that we earned from Cash Back on our credit cards and we earmarked it for this exact purpose. Our cash savings was down $43.51 from last month, but just the other day I began listening to You Need a Budget by Jesse Mecham, so expect this to grow in the coming months as we apply his four rules of budgeting.

Cash Back/Gift Cards

This amount went down by $3.11, as I cashed out $100 from our American Express Blue card to deposit into savings. I plan to continue cashing out whatever I can when the amount reaches $100 and stashing this in our online savings account


I finally did it. I cashed out the rest of our Brokerage account and closed the account. Every penny of this went toward paying down our HELOC. As for the 15 Ethereum I own, it is down another 19.7% from last month. My plan for this is to just let it sit there until it goes to $0, because even though there is a slim chance, I still hope that we will make money on this long-shot. The one thing this taught me is beware of FOMO or Fear of Missing Out. If everyone is doing it, you should probably look the other way.


I had my best options trading month, yet, clearing $9,767.52 after fees and commissions. Unfortunately, Friday was the day that the news came out about the SEC suing Elon Musk and the stock dropped to $265 per share. This pretty much wiped out our gains for the month. That’s okay, I bought 200 more shares at $265 and the stock has been as high as $314 since then, which is a gain of $9,800 on paper. I have not sold my shares, yet, but my plan is to sell them and keep the profits. I am just waiting for the next earnings release. If you are reading this, I am not suggesting that you buy shares in TSLA. It is the most volatile company I have ever owned and although I do not believe the stock will drop much below $250 before the entire market crashes, one never knows, so just stay away.

MOST 529

We added another $200 to this account and we are up $208.89. I am considering temporarily halting our contribution to this account until we pay off our HELOC. I think it is great that we are putting money away for Baby SoS to use for education expenses, but I believe paying off debt is a higher priority and that HELOC must go!


I finally increased the estimate for our house. The house just across the cove from our house just sold for $385,000 and our house is about the same size. We could not sell our house for this much without some renovating, but we could certainly sell it for $305,000 without doing a thing to the house. I imagine this sale affected the other houses in our neighborhood and this reflects in the Xome and Median Home Price for our zip code.

2018-10-01 2018-09-01 % Change
Xome Home Estimate $355,094 $354,331 0.2%
Zillow Home Estimate $303,712 $305,108 -0.5%
Average Home Estimate $329,403 $329,719 -0.1%
Median Home Price $312,500 $265,000 17.9%

Cars & Boat

Crazily enough, my car went up in value by $281 while our other two cars went down in value $243 and our boat stayed the same.

Credit Cards

We paid off the balance that had our vacation trip on it. This tipped us over the required balance to begin receiving 5% back on Gas, Groceries, and Pharmacy with our American Express Blue card. We spend more on groceries than any other discretionary spending, so we try to get that 5% back as soon as possible. Now we will begin raking in the cash back rewards.

Car Loan

We are down to 27 payments (2 years 3 months) to pay off my car. I believe we are going to begin saving for Dr. SoS’s Tesla Model 3. We should jointly write a blog post about that.

HELOC (Home Equity Line Of Credit)

After closing our Brokerage account we paid a total of $1,883.23 against this debt. This reduced the balance by 1.6%. It is still a significant debt, but we are developing a plan to really focus on this debt.


Only 121 more payments (10 years 1 months) to pay off our house. Dr. SoS says we need to remodel the downstairs bathroom, so it looks like we will soon begin budgeting for this.

Student Loans

We only paid $197.62 against the principal of Dr. SoS’s student loan. What makes this somewhat disheartening is that the lion’s share of our payment goes toward paying the monthly interest and we are making $754.75 payments each month.

As of the first day of October 2018, we have a net worth of $446,864.26 up 0.2% from our net worth last month, $445,847.96, and up 22.9% from our 2017 net worth of $363,482.67. Our current net worth puts us in the top 37% at 243/656 bloggers on the Rockstar Finance Directory Net Worth Tracker.

We recently began swimming again, now it is time to save even more! If you have any questions, please comment or send us a message on our Contact page.

Until next time,

Mr. SoS


  1. I like the details! Our net worth tracker is very similar to yours sans the values of our personal vehicles. We don’t believe depreciating “assets” such as personal vehicles should fall under the Assets column.

    A few observations.
    – I really, really want Tesla to succeed. Started buying shares of the stock when it was trading sub $200 level. Sold everything at $380. Made a tidy profit. The volatility the stock undergoes on an almost daily basis wasn’t in line with our philosophy of buy and hold. The hordes of short sellers waiting to pounce as soon as there is any stench of defeat. I still believe in Musk. I really, really want Tesla to succeed.
    – Can I ask what the rates are on the student loan(s)? With the numbers you’ve posted here, I reckon it is about 3.3%. Is there any way you can refinance that into something lower?
    – We have not updated the value of our home even though houses with the exact same plan (we’re in a cookie-cutter sub-division) have sold for over $350k. In the end, when the mortgage is paid off, we’ll take the house off the assets and just deal with really liquid assets.

    You have a good writing style! I’ll be following your blog. Feel free to check out our progress at

    All the best on the journey to FIRE!

    1. Thank you for your comment. We have been so busy for the month that I neglected our blog. I will definitely follow your blog especially since you are a Tesla and an Elon Musk fan. Here are my delayed response to your comments. I just sat down to write about our wild ride this past month regarding TSLA. We are out once again after riding out the volatility of the past couple months. Before I do that I will comment on your observations and respond to your questions.
      – I included our cars and boat because I saw that J$ did and I figured I could sell them for money should I need to do so.
      – I am extremely impressed with your purchase of Tesla at $200 and selling at $380. That was an amazing bit of timing.
      – Dr. SoS has a Subsidized and an Unsubsidized consolidated student loan at 3.125%. We looked, albeit not incredibly diligently, at refinancing, but have not found anything lower. Our home is also at 3.125% on a 15-year fixed loan. We refinanced several years ago before I started following J$ at and then other personal finance and FIRE bloggers. Knowing what we know now, we would probably pay off the student loan first so we could continue enjoying the tax benefits of the home loan. Our plan now is to pay off our HELOC, snowball that to the student loan, pay off the house, and then snowball that into the student loan. Any extra debt payments depend on the growth of Dr. SoS’s business.
      – I used to use Xome and Zillow to estimate the worth of our house, but we live on lakefront property, which is nearly always undervalued on those sites. The sales by a few properties across the street that are not lakefront could drop our estimated value by $20,000 in a month. That makes it very difficult to figure out how you are doing on net worth. I read another blogger who just updated theirs once every 6 months or so based on comps, so I did that. I never considered removing the house from our net worth. I know that the majority of families have most their net worth tied up in their house, so I can see why removing it would be advantageous.

      Thank you for your compliment. I write as things come to me as a diary for me to look back on later more than trying to get others to read, but I am glad you enjoyed what you read. As for our journey to FIRE, I believe we will shoot for FI and take the RE to do the things that we want to do most in life while generating even more income.

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