September 2020 Income Statement

In September, we had a very good income month and we were able to keep our expenses somewhat in line. Our total income in September was $26,081.26.  In addition to our regular paychecks, I received a pro rated quarterly bonus of $4,056 gross ($2,226.59 net) and a monthly draw/commission of $1,375.73 gross ($930.39 net).  My wife received a quarterly bonus of $18,750 gross ($12,310.46 net) from her old company. We received $412.95 in company reimbursements.  Plus, we earned $13.13 Read more [...]

September 2020 Net Worth Update (+$4,578.30)

Overall We passed our net worth milestones of $1,040K in September but by the end of the month, we were slightly below the milestone.  The stock market took a beating this month and our investments reflect it. That being said, our net worth still increased $4,578.30 from last month to a total of $1,037,629.55 (see spreadsheet screenshot).    Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute Read more [...]

August 2020 Income Statement

In August, we had a really great income month but we also spent a bunch of money too. Our total income in August was $37,075.15!  In addition to our regular paychecks, I received a monthly bonus of $2,141.00 gross ($1,175.33 net).  My wife also sold her company stock for $25,698.14!  Plus, we earned $14.14 in interest income from our savings accounts. This month, our expenses totaled $20,021.29!  Large expenses included $839.21 in vacation, $800.76 boat property tax and $1,574.70 in Read more [...]

August 2020 Net Worth Update (+$42,629.34)

Overall We officially became millionaires in August! We passed our net worth milestones of $1,000K, $1,010K, $1,020K and $1,030K. Our net worth increased $42,629.34 from last month to a total of $1,033,051.25 (see spreadsheet screenshot).   Such a blessing! Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 8% to my wife’s 401(k).  My wife’s company matches up to 6% of her 401(K) contribution Read more [...]

Our path to financial independence and retiring early.