April 2018 Income Statement

April was a great income month and thankfully, a reasonable expense month (see spreadsheet screenshot). Our total income in April was $17,284.35. In addition to our regular paychecks, I received a monthly/quarterly bonus of $5,733.27 gross ($3,352.01 net) and my wife received special bonus of $797.00 gross ($696.60 net). My wife received a $1,851.04 auto allowance / mileage reimbursement and I received a $450 auto allowance. Our Federal tax refund was $426. We earned $5.99 in interest income Read more [...]

April 2018 Net Worth Update ($7,866.38)

Overall April was a good month for our net worth.  It increased $7,866.38 from last month to a total of $662,080.86 (see spreadsheet screenshot). Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 6% to my wife’s 401(k).  My wife’s new company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited in March).  This month, we contributed Read more [...]

March 2018 Income Statement

March was an outstanding income month but also a high expense month (see spreadsheet screenshot). Our total income in March was $22,787.57.  This month, I received an 11% raise and my wife received a 1.55% raise.  In addition to our regular paychecks, I received a monthly bonus of $1,250 gross ($730.82 net) and my wife received a quarterly bonus of $14,275.44 gross ($8,109.17 net).  My wife also received a $1,392.22 auto allowance / mileage reimbursement and I received a $450 auto allowance. Read more [...]

March 2018 Net Worth Update ($6,118.13)

March 2018 Net Worth Update ($6,118.13) Overall March was a good month for our net worth.  It increased $6,118.13 from last month to a total of $654,214.48 (see spreadsheet screenshot). Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  My wife’s new company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when Read more [...]

February 2018 Income Statement

February was a good income month (almost identical to last month) but also a high expense month (see spreadsheet screenshot). Our total income in February was $14,731.26.  In addition to our regular paychecks, I received a monthly bonus of $1,704.83 gross ($996.74 net).  My wife received a $1,027.31 auto allowance / mileage reimbursement and I received a $450 auto allowance.  My wife also received a $2,112.28 reimbursement for internet and other expenses.  We earned $4.43 in interest income Read more [...]

February 2018 Net Worth Update (-$4,165.63)

Overall Sadly, February was not a good month for our net worth.  It decreased $4,165.63 from last month to a total of $648,096.35 (see spreadsheet screenshot). Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  My wife’s new company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited in March).  This Read more [...]

January 2018 Income Statement

January was a good income month but also a high expense month (see spreadsheet screenshot). Our total income in January was $14,784.09.  In addition to our regular paychecks, I received a monthly and quarterly bonus of $4840.83 gross ($2693.72 net). My wife received a $1,350.20 auto allowance / mileage reimbursement and I received a $450 auto allowance.  We earned $4.69 in interest income from our savings accounts. This month, our expenses totaled $14,388.27, just barely less than our total Read more [...]

January 2018 Net Worth Update (+$10,529.94)

Overall In January, our net worth increased $10,529.94 from last month to a total of $652,261.98 (see spreadsheet screenshot).  We passed our $650K net worth milestone this month! Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  My wife’s new company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited Read more [...]

NET WORTH MILESTONE: $650,000

We just passed our net worth milestones of $650,000! We passed our previous net worth milestone of $640,000 last month.  2018 is off to a great start! Our net worth is currently $655,302.68.  Our retirement accounts and cryptocurrencies have been doing amazing in January.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $660,000 by next month (or maybe even this month). Read more [...]

Our path to financial independence and retiring early.