July was a good income month and a very low expense (see
spreadsheet screenshot).
Our total income in July was $15,757.70. In addition to our regular paychecks, I
received a monthly bonus of $3333.33 gross ($1,853.35 net) and my wife received
a discretionary bonus of $500 gross ($331.12 net). My wife received $1,763.04 in auto allowance
/ mileage reimbursements and $44.99 in internet reimbursements. We earned $0.01 in interest income from our
savings accounts.
This month, Read more [...]
Overall
July was a great month for our net worth. Our net worth increased $7,207.62 from last month to a total of $761,153.63 (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 5% of her 401(K) contribution (100% vested when
deposited) and chips in an additional 5% on top of the match in March (vests
over Read more [...]
We passed our net worth milestones of $760K this month. We passed our last net worth milestone of $750K last month. We hope to reach out next milestone of $70K by August.
June was a good income month, however, our expenses were almost
as bad as last month (see spreadsheet screenshot).
Our total income in June was $19,165.79. In addition to our regular paychecks, I
received a monthly bonus of $1,458.33 gross ($810.96 net) and my wife received
a quarterly bonus of $10,750 gross ($5,966.93 Net). My wife received $1,127.98 in auto allowance
/ mileage reimbursements and $44.99 in internet reimbursements. We earned $0.76 in interest income from our
savings Read more [...]
Overall
June was an incredible month for
our net worth. Our net worth increased $25,802.84
from last month to a total of $753,946.01 (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 5% of her 401(K) contribution (100% vested when
deposited) and chips in an additional 5% on top of the match in March Read more [...]
I've been busy with life and haven't updated our numbers lately but now that I have, I realized that we passed our net worth milestones of $740,000 and $750,000! This awesome year continues! We passed our last net worth milestone of $730K in April.
Our net worth is currently $750,394.98. We hope to reach out next milestone of $760K by August.
Read more [...]
May was a good income month however our expenses were insane
(see spreadsheet screenshot).
Our total income in May was $14,645.28. In addition to our regular paychecks, I
received a third “extra” paycheck and a monthly bonus of $1,666.66 gross
($926.83 net). My wife received $947 in auto
allowance / mileage reimbursements, $644.99 in internet reimbursements and $76.80
in her side hustle. We earned $7 in
interest income from our savings accounts.
This month, our expenses Read more [...]
Overall
May was a rough month for our net
worth. Our net worth decreased $7,722.68
from last month to a total of $728,143.17 (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 5% of her 401(K) contribution (100% vested when
deposited) and chips in an additional 5% on top of the match in March (vests
over Read more [...]
April was a good income month however our expenses were
nearly identical to our income (see spreadsheet screenshot).
Our total income in April was $13,899.59. In addition to our regular paychecks, I
received a monthly bonus of $3,560.58 gross ($1,980.04 net) and my wife
received a discretionary bonus of $1,250 gross ($757.96 net). My wife also received a $531.31 auto
allowance / mileage reimbursements and $44.99 in internet reimbursements. We earned $18.49 in interest income Read more [...]
Overall
April was another amazing month! We passed our $730K net worth goal this month
and are fast approaching our $740K net worth goal. Our net worth increased $9,864.76
from last month to a total of $735,865.85 (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 5% of her 401(K) contribution Read more [...]
Our path to financial independence and retiring early.
