April 2019 Income Statement

April was a good income month however our expenses were nearly identical to our income (see spreadsheet screenshot). Our total income in April was $13,899.59.  In addition to our regular paychecks, I received a monthly bonus of $3,560.58 gross ($1,980.04 net) and my wife received a discretionary bonus of $1,250 gross ($757.96 net).  My wife also received a $531.31 auto allowance / mileage reimbursements and $44.99 in internet reimbursements.  We earned $18.49 in interest income Read more [...]

April 2019 Net Worth Update (+9,864.76)

Overall April was another amazing month!  We passed our $730K net worth goal this month and are fast approaching our $740K net worth goal. Our net worth increased $9,864.76 from last month to a total of $735,865.85 (spreadsheet screenshot).  Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 7% to my wife’s 401(k).  My wife’s company matches up to 5% of her 401(K) contribution Read more [...]

March 2019 Income Statement

March was an incredible income month and our expense were reasonable considering we enjoyed a long overseas vacation (see spreadsheet screenshot). Our total income in March was $24,745.31.  In addition to our regular paychecks, I received a monthly bonus of $1,750 gross ($973.18 net) and a $450 auto allowance.  My wife also received a quarterly bonus of $19,431.32 gross ($10,829.36 net), $1,540.87 auto allowance / mileage reimbursements and $44.99 in internet reimbursements.  Read more [...]

March 2019 Net Worth Update (+19,827.25)

Overall March rocked!  We passed our $710K and $720K net worth goals this month! Our net worth increased $19,827.25 from last month to a total of $726,011 (spreadsheet screenshot).  Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 7% to my wife’s 401(k).  My wife’s company matches up to 5% of her 401(K) contribution (100% vested when deposited) and chips in an additional 5% on top Read more [...]

February 2019 Income Statement

February was an amazing income month and our expense were pretty reasonable (see spreadsheet screenshot). Our total income in February was $22,966.71.  In addition to our regular paychecks, I received a monthly bonus of $1,041.67 gross ($721.89 net) and a $450 auto allowance.  My wife also received a $1,342.96 auto allowance / mileage reimbursement, $44.99 in reimbursements and sold $2,343.60 of her company stock.  We earned $6.31 in interest income from our savings accounts. Read more [...]

February 2019 Net Worth Update (+15,692.06)

Overall February kicked butt!  Our net worth increased $15,692.06 from last month to a total of $706,173 (spreadsheet screenshot).  It was nice to pass $700K net worth again since we tippy toed by it in September 2018 but dropped back down. 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 Read more [...]

January 2018 Income Statement

January was a better income month than expected but our expense exceeded our income (see spreadsheet screenshot). Our total income in January was $14.905.77.  In addition to our regular paychecks, I received a monthly/quarterly combined bonus of $3,458.33 gross ($2,579.37 net) and a $450 auto allowance.  My wife also received a bonus of $2,804.69 gross ($1,579.75 net), a $681.67 auto allowance / mileage reimbursement, and $44.99 in reimbursements.  We earned $12.32 in interest income from Read more [...]

Our path to financial independence and retiring early.