I saw your update and was like “noooo i don’t wanna” but also I want to have this information for the future so…eep, I guess I’ll look.
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It would be less painful if we had put anything in over the past 6 months, but there are no mitigating contributions
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Whew, we’ve been contributing as usual but wow have we lost a lot of money! LOL. Down to $214k, which is more than many people ever have, but I think I need to seriously adjust my expectations. No way am I going to meet my $300k goal by EOY. I’m not even sure how to set a goal for next year! We’lll have to just see how things shake out. I did up our contributions by 2% so that’s a nice win! 
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Just looked at my Net Worth graph in YNAB and I was kinda thinking that I’d paid off around $20k in debt over the last year and yeah, turns out that’s basically right! A year ago I think I was paying around $1500 in debt per month, and I added like $12k to my credit card because I got divorced and moved into my own place & took very little with me. Now I have been doing a bit of a balance transfer game, so I’m paying $100 2x/mo on one zero interest card over the next 18mo (as slowly as possible), and I’m overpaying my personal loan by about 80% but would like to do more. My net worth is now roughly -$9000 where it was -$28,000 a year ago. Because of YNAB’s trickery (genuinely I don’t understand it & please don’t explain it to me, the mystery is good for me lol), I have like $10k in the bank (1.5% interest checking baby!!) and everything allotted and the amount I have in the bank just seems to keep going up even though I allot every dollar. So it feels a bit magical.
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That’s great, congratulations!
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that’s a great amount of debt to pay down, and you’re so close to doing the flip over to 0 net worth. Very exciting
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Thats fantastic work!
Lol if you asked me I would also agree that its just magic.
Dammit another market downturn? I was also hoping for a pretty number by the end of the year. Guess its not too bad since I mostly am aiming for $$ saved rather than net worth at this point still.
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I was going to say, didn’t we just do this?
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I am not loving that I’ve lost all my retirement contributions for the year and then some.
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Yeah. We’re at 87k down from the first of the year despite decent income and retirement contributions.
Wild.
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Our net worth is down about 18% since the beginning of the year 
I’m maxing out 3 of our 4 retirement accounts, on top of other savings, so it’s certainly not a lack of contributions.
To be fair, we’ve bought a woodstove and a new vehicle, but I’m really not enjoying the feeling of “losing” so much money.
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Ugh. I just checked my balance and that is all I have to say about this.
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Y’all are not helping me not procrastinate this chore.
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I have to wait until Monday when my mortgage pays. I’m using the time to brace myself haha.
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my net worth is up $2k even though i’ve plowed like $50k into investments over the last year. it’s frustrating! but i’m staying the course and keeping the faith.
it’s real money to be sure. but it’s also just numbers on a screen – i still have everything i need on a day-to-day basis.
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Definitely! We still have plenty of money coming in to be very comfortable and keep saving, and I keep telling myself that we don’t need a single cent of any of our retirement for years yet, so it will be fine. It’s still not much fun to look at, though
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Academically I understand that downturn years are fine and normal and part of investment.
Personally I’m low-key stressed about it and dread checking my investment balances.
This year my NW is +20k, but that’s only because I bought a house for less than it’s worth and fixed it up cheaply. Without the house purchase I would be flat or in the hole, even with a ton of contributions.
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Wow that’s amazing smacky!!! You definitely worked hard for it!
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I’m not looking. This is the way.
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