We just passed our net worth milestone of $1,790,000! Our net worth is currently $1,792,228. We passed our last net worth milestone of $1,780,000 earlier today lol. We hope to reach our next milestone of $1,800,000 by October.
All posts by 1MansMoney
NET WORTH MILESTONES: $1,780K
We just passed our net worth milestone of $1,780,000! Our net worth is currently $1,786,690. We passed our last net worth milestone of $1,770,000 a few days ago. We hope to reach our next milestone of $1,790,000 by October.
August 2021 Income Statement
In August, we had a good income month and an okay expense month (compared to our monthly average).
Our total income in August was $11,995.35. In addition to my wife’s regular paychecks, she received $198.31 in company reimbursements for internet. I received $3,525 in unemployment benefits. We also received $333 in child tax credits from the IRS. We earned $10.50 in interest income from our savings accounts.
This month, our expenses totaled $14,440.41. Large, non-recurring Read more [...]
August 2021 Net Worth Update (+$209,608.21)
Overall
August was our 2nd highest increase ever, only bested by a $230K increase in February 2021. Our net worth which increased $209,608.21 from last month to a total of $1,772,511.87 (see spreadsheet screenshot). This month we passed net worth milestones of $1,730,000 to $1,770,000. Such a blessing!
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 Read more [...]
NET WORTH MILESTONES: $1,750K – $1,770K
We just passed our net worth milestones of $1,750,000 to $1,770,000! Our net worth is currently $1,773,900. Amazing! We passed our last net worth milestone of $1,740,000 a few days ago. We hope to reach our next milestone of $1,780,000 by October.
NET WORTH MILESTONES: $1,730K – $1,740K
We just passed our net worth milestones of $1, 730,000 to $1,740,000! Our net worth is currently $1,742,344. Thank God! We passed our last net worth milestone of $1,720,000 four months ago. We hope to reach our next milestone of $1,750,000 by October.
July 2021 Income Statement
In July, we had a good income month and a large expense month.
Our total income in July was $11,321.02. In addition to my wife’s regular paychecks, she received $184.43 in company reimbursements for internet. I received $2,820.00 in unemployment benefits. We also received $333 in child tax credits from the IRS and $44.35 in reimbursements from our insurance company. We earned $10.70 in interest income from our savings accounts.
This month, our expenses totaled $12,869.39. Read more [...]
July 2021 Net Worth Update (+$37,809.73)
Overall
July was a good increase month for our net worth. It increased $37,809.73 from last month to a total of $1,562,903.66 (see 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 6% of her 401(K) contribution and chips in an additional 3% on top of the match at the end of the year (vests over 5 years). Read more [...]
June 2021 Income Statement
In June, we had a good income month and a large expense month.
Our total income in June was $13,733.56. In addition to my wife’s regular paychecks, she received a $206.38 in company reimbursements for internet. My unemployment issues were resolved and I received backpay of $5,640 in unemployment benefits for the bast eight weeks. We also earned $17.26 in interest income from our savings accounts.
This month, our expenses totaled $15,078.32. Large, non-recurring expenses included Read more [...]
June 2021 Net Worth Update (-$10,320.85)
Overall
June was another tough month for our net worth. Due to a downturn in cryptocurrencies, our net worth decreased $10,320.85 from last month to a total of $1,525,093.93 (see 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 6% of her 401(K) contribution and chips in an additional 3% on top of Read more [...]