Welcome to the November 2025 edition of our net worth tracker, where we’ll track our net worth month over month. I first started tracking our net worth when this blog was started at the beginning of September 2019. I started by creating the Net Worth Baseline report.
You can view Previous Net Worth reports HERE.
Let’s dive straight into this month’s report.
Monthly Roundup
Previously, I would go through my month and go over the highlights. These days, I’m doing it a little differently. Unless you convince me that you want to hear about my month, I’m not going to talk about it.
November 2025 Net Worth
Here’s how November compares to last month:
November Account Breakdown
Let’s take a quick look at what happened in November.
Cash ($3,951.06)
Monthly Blurb: This is where our paychecks get deposited. All our income goes into this account and is then transferred to the appropriate accounts as set by my budget. As usual, I do the net worth report before transferring money to the appropriate accounts.
It was an average month for us in terms of income. We brought home about the same amount as last month, but spent way more. This balance is higher because I didn’t transfer money where it belongs.
Investment Cash ($2,233.63)
Monthly Blurb: All of our cash left over at the end of the month is transferred here and is considered part of our savings rate.
This is where our leftover income goes, plus all earnings from having the investment cash invested in an ETF. As a reminder, a portion of the investment cash is now invested in an S&P 500 index fund. Our gains this month are mostly from this index fund.
February 2024, we bought our first investment property. We put it back on the market this past February. Hopefully, it will get sold this year, even if I have to take a loss. And hopefully, it’s not much, if any. We have dropped the price far enough now that we will be taking a loss on the property.
So far, we have had no offers.
Remaining Cash Accounts (Emergency and Sinking Funds) ($263.17)
Nothing exciting here. Just the usual. We are just saving up for our property tax bill for when it’s due early next year.
We are putting $200 a month into our travel fund right now. There is no end date set, and we are planning more vacations, so this will probably go up at some point.
Speaking of travel, we booked some plane tickets in November, so that’s why the balance is a little lower than before.
We are also putting $200 a month into car savings, rather than saving it all at once. That way, we have the savings ready when we need it and it doesn’t completely blow up our savings rate for the whole year! Check out 2024 if you don’t know what I’m talking about. Our current cars will hopefully last us until 2030, although I’m starting to get an itch and I’m looking at some newer EVs.
Retirement Accounts
401(k)s ($4,972.35)
February ended on a negative note. March was substantially worse than February. The markets continued their dive in April after “Liberation Day”. Fortunately, those losses were all recovered by the end of the month.
In May, the markets continued to recover from earlier losses, although they didn’t make it back to the highs we saw earlier in the year.
The markets continued to rise through June, July, and August, but ended the month slightly off the record highs.
September was the second-best month in terms of gains. It started to dip at the end as we headed towards a government shutdown; otherwise, it would have been even better.
The markets continued to rise through October but ended the month slightly off the record highs.
November was a rough month, until the last week, which brought us into positive territory for the month. I really didn’t expect to be posting gains, so I’m happy.
IRA ($11,736.10)
All market performance here.
Overall, that’s a gain of 1.69% between the 401k and IRAs.
College Fund ($233.46)
The college fund is invested in mutual funds, just like the IRAs. It was up 0.24 percent.
Net Worth ($22,420.40)
November ended well into positive territory.
Utilities dropped as we head into the cooler months, although they will start to go up again once the heater comes on.
We had to pay for car insurance this month, and we also spent a good amount shopping. The good news is we had no unexpected expenses.
There was no daycare bill, as I kept the kids home for Thanksgiving. I plan to do the same for Christmas. In fact, summer should be our only daycare bill going forward. I don’t think I can avoid going into the office for all of summer.
In total, our net worth rose. We had an increase of approximately 1.52%.
We’ll see how the market performs in the last month of the year.
Accessible Net Worth ($5,711.95)
Monthly Blurb: This is the money we are able to put away, not including the tax-advantaged retirement accounts.
Our income was close to average this month, while our expenses were above average. Thanks to our income and market growth, our accessible net worth increased.
Hopefully, soon, the cash we put into the investment house will be liquid again… plus some added on top.
Liabilities
Status: None, as usual. They’re a burden, so I avoid them. The cars, the house, they’re all paid for. Student loans…never used them. Credit Card debt? I only use one, and it gets paid off every month, and often, I’ll pay it off multiple times per month. Just depends on how many times I think about it.
Passive Income
January and February are very boring months for dividends. March, as expected, saw a bump in dividends.
We set a record for March dividend income! It’s only a few dollars more than last year, but it’s more! So I’m happy.
April was the worst month of the year in terms of dividends. May beat April by $2.
June had some dividend income, making it better than the last couple of months.
July didn’t have much going on, but it was better than May and April. August had even less going on than July.
September is typically when things get a little exciting. In 2023, the mutual funds I’m invested in did NOT pay out any dividends or capital gains, for the most part.
In 2024, however, things were a lot more exciting! I made the most I had ever made from dividends and capital gains in a single month.
This year, we didn’t top any records, but it was the second best September we’ve had.
That said, I don’t think we will meet our passive income goal.
October typically doesn’t have much going on. It matched what we saw from the slower months over summer.
November was below average. I feel like I’m forgetting an account here, but I can’t figure it out.
One month of 2025 is left. Let’s see how it plays out.
December needs to be a record-breaking month in order to meet our passive income goal.
The interest rate in my savings account stayed at 3.40%. The market is still volatile.
There may be another rate cut in December, so I expect interest rates on my savings account to continue falling. The probability of the rate cut is close to a coin toss, as there is a lack of data from the government shutdown, but the chances are leaning in favor of a rate cut
Saving’s Rate
I track my savings rate in order to help keep my feet to the fire so that later I can be Gone on FIRE. As a bonus, you get a glimpse into my cash flow by looking at the income and expense rows.
I had to adjust the savings goal to 50% a couple of years ago. In 2022, we barely missed that goal, but we met it in 2023!
As a result of meeting the goal in 2023, I raised the bar to 55%.
In 2024, we missed the 55% goal by about .5%, if you include our car savings in our total savings number. Otherwise, we were around 35% in 2024.
I’m keeping the goal at 55% for 2025. In January, we exceeded that goal thanks to our “extra” paychecks.
We had no savings for February — 0%! We put all our leftover money towards medical bills, which were paid in March. This dropped our Year-to-date average to 47%.
April was very close to our YTD average, so there was little change. We’re still at 47%.
May was our second-worst month in terms of Savings. We had to pay for car repairs, medical bills, and we funded vacation items. All that adds up pretty quickly.
June followed by being our third worst month this year. Or fourth best, depending on how you want to look at it.
Middle of the year, I was somewhat confident we could recover as long as we didn’t continue to have unexpected expenses. July was our last month of full-time daycare.
As expected, we saved significantly more in August. We didn’t have much daycare to pay for, and I didn’t buy any more cars!
We saved 27% in June, which dropped our YTD Savings Rate to 40.4%.
We saved 30% in July, which is our best month of the summer, but it dropped our YTD savings rate to 39%.
Our savings rate for August was 61.1%. Double our summer savings rate.
September was 56.38%.
Our savings rate for October was 60.68%. That pulled up our YTD rate to 44.97%.
Unfortunately, we spent a lot in November. Half of that was discretionary, and the other half we didn’t have a choice. Our savings rate for November was 39.47%. That pulled up our YTD rate to 44.52%.
Of the 45% we are spending, we give 10%, and property tax is another 10%, so that means we are living on 25% or less for everything else.
Housing and daycare alone used to eat up over 30%. Fortunately, property taxes have gone down, and there’s no more daycare! (Mostly)
For now, we only have daycare bills during summer break until the kids are old enough to be left alone.
Hopefully, we can get our savings rate above 55% with daycare gone, although other kids’ activities have started. We’ve been doing gymnastics. The good news for our budget is that one of the kids is dropping ballet. I’m hoping the other one drops ballet, too, so we can have one more night at home.
Those activities are relatively cheap compared to paying for daycare.
Here’s how we did this month.
We were at 39.47% in November, putting us at 44.52% YTD.
Income ($10,215.08)
Right now, our only source of active income is through our full-time jobs.
This is what an average income month looks like for us.
Expenses ($4,408.01)
Our expenses were above average this month.
Here is a quick breakdown:
1) Home Escrow ($700.00)
The normal amount we put aside every month to pay for property taxes and insurance.
2) Giving ($823.21)
The usual 10% we give every month.
3) Cost of living ($4,659.80)
This includes all our bills (Gas, Electric, Water, Internet, Phone), transportation, food, shopping, and car insurance. Home insurance is paid from our Home Escrow savings account.
As we did last year and in previous years, we will drain our dependent care account at the end of the year in one lump sum. Doing it that way saves us from having to complete more paperwork.
There were no additional expenses for November and no daycare!
November 2025 Vs. October 2025 Expenses
October and November were very similar financially. We made more in October, and spent significantly less. Our income was slightly lower, and expenses were much higher in November.
Going into November, I had expected our net worth to be lower by month-end, given how the market was performing, but we ended up positive. Now if only it could always work that way.
I anticipate December will end on a positive note. Hopefully, everything goes as usual, and there won’t be any unexpected expenses. I don’t plan on doing much shopping. I got that all out of the way last month for the most part.
Christmas and the New Year will be here before we know it!
Hopefully, the economy won’t completely crash, and we will be able to sell our investment house soon.
Goals Progress
Financial Goals
The Roth IRA contribution is done, and the money has been transferred to the proper accounts.
Aside from the 401k, which is on automatic contributions from my paycheck, the other goals are starting to firm up.
I’m becoming more certain about the Real Estate (RE) Investing goal. I don’t think our investment property is going to sell for much of a profit, so this goal will most likely fall short.
The passive income goal is a stretch after hitting records last year. Hopefully, we’ll break the record this year, though that’s unlikely. It all depends on how we do in December. December would have to be a record-breaking month for us.
The savings rate goal took a big hit in February, May, June, and again in July. We recovered about 1% in October, 2% in September, 3% in August, 8% in March, and made slight gains in April. November shaved some off. December is good, but it would have to be well over 100% for the month to even reach 50% for the year.
I don’t think we can hit 50%, and I’m certain we won’t reach 55%.
Blog Goal
I’m struggling to create posts that offer value when AI is available. I don’t plan on creating any posts for the rest of the year. I’m working on what my strategy will be next year.
I created a couple of compound interest calculators in March. I recently found out that a script was broken, and got that fixed. The calculators can be found here: Calculators
I appreciate any feedback on those.
Personal Goals
I’m doing a reading goal again this year with two books. Last year, I read 2, and that seems like a good amount for me. That seems to be my sweet spot.
I’ve finished my first book (Developing The Leader Within You) and my second book, From Paycheck to Purpose, by Ken Coleman. It offered a few insights, but I didn’t find it particularly helpful.
I’ve pretty much made up my mind that I’m not starting a third book. I am thinking about what I want to read next year. There are a few I want to read: Build The Life You Want by Arthur Brooks, Cues by Vanessa Van Edwards, and Millionaire Mission by Brian Preston.
And then there is my physical health. I didn’t get to where I wanted in 2021, 2022, 2023, …or 2024.
I was actually doing fine in 2024, but then I went a little overboard eating whatever I wanted from Thanksgiving through the end of the year. Still, I proved to myself that I can lose fat.
I want to lose fat, and part of that is going to be by eating healthier. I have been on target so far this year. I’ve been tracking my eating and exercising regularly, and I’m down about 20 pounds so far. I stayed steady with where I was last month.
My goal to start was to loose 20 pounds. Now I want regain some muscle mass, while maintaining my weight. I’m still fatter than I would like to be.
November 2025 Roundup
The month of November was another good one. Nothing unexpected happened, and we got to enjoy some family time. We remained relatively healthy and didn’t miss any school days.
The weather was pleasant for November. We got to spend some time outside and play in the leaves. The leaves are still falling, but the acorns have slowed down. I need to find time to get them cleaned up.
I continue to be excited as we finish off the year. As always, there’s really a lot to be thankful for.
Stay tuned for next month’s New Worth update and the annual summary!
FIRE Away!
REMINDERS:
- 2 big items not included in my net worth:
- House & Cars – Their value will be added to my net worth if and when I sell them.
- 2 accounts not included in the net worth total (even though they’re listed):
- 529 – This is my money for my babies. Consider it their net worth summary.
- Home Escrow – This is Uncle Sam’s money. We don’t mess around with Uncle Sam and his money.
- Total income only includes our active income, which is currently our full-time jobs.