REVIEW OF 2019 FINANCIAL GOALS

Review of 2019 Financial Goals Happy New Year!  We had a blessed year and did pretty good on our financial goals.  Here they are:   1) Pass our 2022 Net Worth Goal - SUCCESS We’ve been tracking 3 years ahead of our net worth goals and were able to increase this trend to 4 years ahead of our goals in 2019.  We ended 2019 with a net worth of $829,705, well above our 2019 goal ($510K), 2020 goal ($575K), 2021 goal ($645K), 2022 goal ($721K) and 2023 goal ($803K).  Amazing! 2) Read more [...]

December 2019 Income Statement

In December, we had one of our largest income months ever and a reasonable expense month too, considering our income (see spreadsheet screenshot). Thank God for our blessings! Our total income in December was an amazing $32,598.24!  This was our 3rd largest income month ever (larger months were: $37,327.14 in Feb 2014 and $35,641.77 in Sept 2017). In addition to our regular paychecks, I received a monthly bonus of $1,950 gross ($1,084.39 net) and my wife received a quarterly bonus of $19,500 Read more [...]

December 2019 Net Worth Update (+29,555.75)

Overall December was another HUGE month for our net worth.  Our net worth increased $29,555.75 from last month to a total of $829,705.36 (see spreadsheet screenshot).  We passed our net worth milestones of $810K and $820K in December!  We nearly passed $830K too!  What a great way to end the year!  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).  Read more [...]

November 2019 Income Statement

In November, we were blessed with a strong income month and a reasonable expense month (see spreadsheet screenshot). Our total income in November was $14,794.99.  In addition to our regular paychecks, I received a third “extra” paycheck and a monthly bonus of $1,950 gross ($1,084.39 net).  My wife also received $651.21 in auto allowance / mileage reimbursements and $46.99 in internet reimbursements.  We earned $7.96 in interest income from our savings accounts. This month, Read more [...]

November 2019 Net Worth Update (+13,211.02)

Overall November was another amazing month for our net worth.  Our net worth increased $13,211.02 from last month to a total of $800,149.61 (see spreadsheet screenshot).  So happy to pass our net worth milestones of $790K and $800K!  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 Read more [...]

Our path to financial independence and retiring early.