November 2020 Income Statement

In November, we had a slightly lower income month due to me quitting my job at the end of October.  Thankfully, we also had a lower expense month.  Our total income in November was $15,784.06.  In addition to my wife’s regular paychecks, she received $251.96 in company reimbursements and $10,000 gross ($5,832.24net) quarterly bonus.  I received $1,800 in unemployment in November.  Plus, we earned $17.80 in interest income from our savings accounts. This month, our Read more [...]

November 2020 Net Worth Update (+$83,114.57)

Overall November was my first full month jobless after quitting on 10/27/20.  That didn't slow us down though and our net worth increased an amazing $83,114.57 from last month to a total of $1,143,172.83 (see spreadsheet screenshot).   This was our 3rd largest one month net worth increase ever (1st was June 2016 and 2nd was July 2020). 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 Read more [...]

October 2020 Income Statement

In October, we had a good income month and a low expense month.  Sadly, I quit my job in October due to changes in my duties and compensation.  My last day was the 27th.  Our total income in October was $19,982.02.  In addition to our regular paychecks, my wife and I both received a third “extra” paycheck.  I received a monthly draw/commission total of $4,402.34 gross ($3,010.54 net).  We received $232.95 in company reimbursements and $1,308.66 gross ($876.52 Read more [...]

October 2020 Net Worth Update (+$22,428.71)

Overall In October, we passed our net worth milestones of $1,050K, $1,060K, and $1,070K, although we ended the month below $1,070K.  The growth rate of our net worth has been amazing this year.  We are averaging $24K increases every month. It feels like the stock market is due for a major correction in the next couple of years but in the meantime, we’ll keep enjoying the returns.  Our net worth increased $22,428.71 from last month to a total of $1,060,058.26 (see spreadsheet screenshot). Read more [...]

Our path to financial independence and retiring early.