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 2019 Net Worth Update (+13,869.49)

Overall September was an amazing month for our net worth.  Our net worth increased $13,869.49 from last month to a total of $766,768.63 (spreadsheet screenshot).  The main reason for the solid month was my wife’s quarterly bonus of $15,000 gross ($9,664.54 net). 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) Read more [...]

August 2019 Income Statement

In August, we were blessed with a good income month and a low expense compared to what we usually average (see spreadsheet screenshot). Our total income in August was $12,751.80. In addition to our regular paychecks, I received a monthly bonus of $1,950 gross ($1,084.40 net) and my received $549.55 in auto allowance / mileage reimbursements and $44.99 in internet reimbursements. We earned $0.01 in interest income from our savings accounts. This month, our expenses totaled $12,465.59. Read more [...]

August 2019 Net Worth Update (-8,254.49)

Overall August was a rough month for our net worth.  Our net worth decreased $8,254.49 from last month to a total of $752,899.14 (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 [...]

July 2019 Income Statement

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 [...]

July 2019 Net Worth Update +$11,432.56

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 [...]

June 2019 Income Statement

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 [...]

June 2019 Net Worth Update (+25,802.84)

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 [...]

NET WORTH MILESTONE: $740K and $750K

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 2019 Income Statement

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 [...]