September 2018 Income Statement

September was an amazing income month and a very high expense month (see spreadsheet screenshot). Our total income in September was $20,260.50.  In addition to our regular paychecks, my wife received a quarterly bonus of $10,159.17 gross ($5,964.95 net) and I received a monthly bonus of $1,666.66 gross ($977.19 net).  My wife also received a $1,524.78 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $5.89 in interest income from our savings accounts. This Read more [...]

September 2018 Net Worth Update (+$9,901.66)

Overall September was very good month for our net worth.  It increased $9,901.66 from last month to a total of $701,518.37 (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 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 [...]

August 2018 Income Statement

August was a good income month and a pretty terrible expense month (see spreadsheet screenshot). Our total income in August was $13,804.42.  In addition to our regular paychecks, I also received a monthly bonus of monthly bonus $1,833.33 gross ($1,071.87 net) and my wife received gift cards from her company worth $350.  My wife also received a $1,004.42 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $4.17 in interest income from our savings accounts. This Read more [...]

August 2018 Net Worth Update (+$7,548.32)

Overall August was good month for our net worth.  It increased $7,548.32 from last month to a total of $691,616.71 (see spreadsheet screenshot). Our retirement accounts passed $300K this month.  Such a blessing! 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 company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both Read more [...]

July 2018 Income Statement

July was a great income month and a very reasonable expense month (see spreadsheet screenshot). Our total income in July was $16,699.83. In addition to our regular paychecks, I also received a monthly bonus of monthly bonus $5,289.32 gross ($3,094.21 net) and my wife received a special discretionary bonus of $900 gross ($685.61 net) . My wife also received a $1,391.98 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $4.07 in interest income from our savings Read more [...]

July 2018 Net Worth Update (+$6,972.26)

Overall July was a great month for our net worth.  It increased $6,972.26 from last month to a total of $684,068.39 (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 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 contribution Read more [...]

NET WORTH MILESTONE: $680,000

We just passed our net worth milestones of $680,000! We passed our previous net worth milestone of $670,000 in June.  The pace of our net worth increase in 2018 has been at a relatively slower pace than last year but we hope to make up ground the 2nd half of the year.

Our net worth is currently $680,982.02. Our retirement accounts led the way to our net worth increased this month.

June 2018 Income Statement

June was a great income month but and a bad expense month (see spreadsheet screenshot). Our total income in June was $14,940.21.  In addition to our regular paychecks, I received third “extra” paycheck.  I also received a monthly bonus of monthly bonus $1,791.67 gross ($1,047.51 net) and my wife received a quarterly bonus of $2,946.00 gross ($1,662.37 net).  My wife also received a $851.06 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $5.31 in interest Read more [...]

Our path to financial independence and retiring early.