October 2017 Income Statement

October was a very strong income month but also a high expense month (see spreadsheet screenshot). Our total income in October was $14,380.05.  In addition to our regular paychecks, I received a monthly and quarterly bonus of $3,958.33 gross ($2.233.69 net) and a $450 monthly auto allowance.  My wife my wife received a $1,475.81 auto allowance / mileage reimbursement and a $44.99 internet reimbursement.  We earned $4.34 in interest income from our savings accounts. This month, our expenses Read more [...]

October 2017 Net Worth Update (+$24,372.42)

Overall In October, our net worth increased $24,372.42 from last month to a total of $628,049.76 (see spreadsheet screenshot).  We passed our $610K  and $620K net worth milestones 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 Read more [...]

NET WORTH MILESTONE: $620,000

We just passed our net worth milestones of $610,000 and $620,000! We passed our previous net worth milestone of $600,000 last month.  This year has been such a blessing! Our net worth is currently $624,654.61.  Most of our growth this month came from a large quarterly bonus my wife received that we used to buy a boat with a $15K down payment.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $630,000 by next month. Read more [...]

September 2017 Income Statement

September was our 2nd best income month ever (1st best was Feb 2014 $37,327.14).  Our expense were large this month (see spreadsheet screenshot) but pretty reasonable compared to our income. Our total income in September was $35,641.77.  In addition to our regular paychecks, I received a monthly bonus of $1,250 gross ($703.37 net) and a $450 monthly auto allowance.  My wife my wife received a $37,998.00 gross ($22,833.32 net) quarterly bonus, a $1,337.07 auto allowance / mileage reimbursement Read more [...]

September 2017 Net Worth Update (+$11,938.96)

Overall In September, our net worth increased $11,938.96 from last month to a total of $603,677.34 (see spreadsheet screenshot).  We passed our $600K net worth milestones 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 [...]

August 2017 Income Statement

August was another good income month but our expense were high this month (see spreadsheet screenshot). Our total income in August was $12,053.09.  In addition to our regular paychecks, I received a monthly bonus of $1,416.67 gross ($799.43 net), a $450 monthly auto allowance, and $13.97 reimbursement from my company.  My wife received $570.49 in auto allowance and mileage reimbursement, $44.99 in internet reimbursement her company.  We earned $2.99 in interest income from our savings accounts. This Read more [...]

August 2017 Net Worth Update (+$2,304.61)

Overall In August, our net worth increased $2,304.61 from last month to a total of $591,738.38 (see spreadsheet screenshot).  We passed our $590K net worth milestones 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: $590,000


We just passed our net worth milestone of $590,000! What a blessing this year has been! We passed our previous net worth milestone of $580,000 last month.

Our net worth is currently $590,664.99.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $600,000 by October.

July 2017 Income Statement

July was a really good income month but a crazy expense month (see spreadsheet screenshot). Our total income in July was $13,450.39.  In addition to our two regular paychecks, I received a bonus (monthly and quarterly combined) of $4,482.97 gross ($2,56063 net).  We also got a $450 monthly auto allowance from my company, $66.95 mileage reimbursement and $44.99 in internet reimbursement from my wife’s company.  We earned $2.31 in interest income from our savings account. This month, our Read more [...]

Our path to financial independence and retiring early.