All posts by 1MansMoney

I am a guy pushing 40 that is married to a beautiful woman in her 30's. If I can only have as much luck with our finances.

September 2021 Income Statement

In September, we had an amazing month all around.  Details below. Our total income in September was $262,492.20!  This dramatic number was primarily due to having sold $247,959.97 worth of cryptocurrencies to pay off our house (and cover taxes from selling).  We also had income from my wife’s regular paychecks, my wife’s quarterly bonus of $6,920.00 gross ($4,115.04 net) and $164.76 my wife received in company reimbursements for internet.  I received $1,815.00 in unemployment Read more [...]

September 2021 Net Worth Update (-$83,891.71)

Overall September was a down month for our net worth.  Our net worth decreased $83,891.71 from last month to a total of $1,688,620.16 (see spreadsheet screenshot).  Even so, we achieved a huge goal of ours by paying off our mortgage.  We are completely debt free!  We thank God for this 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 Read more [...]

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 [...]