May was an great income month but we spent almost exactly the same about we made, which isn’t good (see spreadsheet screenshot). Our total income in May was $13,221.19. In addition to our regular paychecks, I received a monthly bonus of $916.67 gross ($535.94 net). My wife also received a $1,506.38 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $5.16 in interest income from our savings accounts.
This month, our expenses totaled $13,205.18. Big ticket items Read more [...]
Overall
May was a great month for our net worth. It increased $9,232.54 from last month to a total of $671,313.4 (see spreadsheet screenshot). We passed our net worth goal of $670,000 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 [...]
April was a great income month and thankfully, a reasonable expense month (see spreadsheet screenshot).
Our total income in April was $17,284.35. In addition to our regular paychecks, I received a monthly/quarterly bonus of $5,733.27 gross ($3,352.01 net) and my wife received special bonus of $797.00 gross ($696.60 net). My wife received a $1,851.04 auto allowance / mileage reimbursement and I received a $450 auto allowance. Our Federal tax refund was $426. We earned $5.99 in interest income Read more [...]
Overall
April was a good month for our net worth. It increased $7,866.38 from last month to a total of $662,080.86 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 6% 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 in March). This month, we contributed Read more [...]
March was an outstanding income month but also a high expense month (see spreadsheet screenshot).
Our total income in March was $22,787.57. This month, I received an 11% raise and my wife received a 1.55% raise. In addition to our regular paychecks, I received a monthly bonus of $1,250 gross ($730.82 net) and my wife received a quarterly bonus of $14,275.44 gross ($8,109.17 net). My wife also received a $1,392.22 auto allowance / mileage reimbursement and I received a $450 auto allowance. Read more [...]
March 2018 Net Worth Update ($6,118.13)
Overall
March was a good month for our net worth. It increased $6,118.13 from last month to a total of $654,214.48 (see spreadsheet screenshot).
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 Read more [...]
We just passed our net worth milestones of $660,000! We passed our previous net worth milestone of $650,000 in January.
Our net worth is currently $660,212.53. Our retirement accounts have had the biggest impact MTD. I will update our chart on the right at the end of the month.
My wife will be receiving a large bonus that may bump us past $670,000 by the end of the month!
February was a good income month (almost identical to last month) but also a high expense month (see spreadsheet screenshot).
Our total income in February was $14,731.26. In addition to our regular paychecks, I received a monthly bonus of $1,704.83 gross ($996.74 net). My wife received a $1,027.31 auto allowance / mileage reimbursement and I received a $450 auto allowance. My wife also received a $2,112.28 reimbursement for internet and other expenses. We earned $4.43 in interest income Read more [...]
Overall
Sadly, February was not a good month for our net worth. It decreased $4,165.63 from last month to a total of $648,096.35 (see spreadsheet screenshot).
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 in March). This Read more [...]
Our path to financial independence and retiring early.
