March was an incredible income month and our expense were reasonable considering we enjoyed a long overseas vacation (see spreadsheet screenshot).
Our total income in March was $24,745.31. In addition to our regular paychecks, I
received a monthly bonus of $1,750 gross ($973.18 net) and a $450 auto
allowance. My wife also received a quarterly
bonus of $19,431.32 gross ($10,829.36 net), $1,540.87 auto allowance / mileage
reimbursements and $44.99 in internet reimbursements. Read more [...]
We just passed our net worth milestones of $730,000! Man, this year has been amazing so far! We passed our last net worth milestone of $720K last month.
Our net worth is currently $730,939.77. We hope to reach out next milestone of $740K by June.
Overall
March rocked! We passed our $710K and $720K net worth goals
this month! Our net worth increased $19,827.25 from last month to a total of $726,011
(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 Read more [...]
We just passed our net worth milestones of $710,000! It has been a long time since we reached a new net worth milestone. We passed our previous milestone of $700,000 way back in September.
Our net worth is currently $712,820.28. We hope to reach the $720K milestone by May.
February was an amazing income month and our expense were
pretty reasonable (see spreadsheet screenshot).
Our total income in February was $22,966.71. In addition to our regular paychecks, I
received a monthly bonus of $1,041.67 gross ($721.89 net) and a $450 auto
allowance. My wife also received a $1,342.96
auto allowance / mileage reimbursement, $44.99 in reimbursements and sold
$2,343.60 of her company stock. We
earned $6.31 in interest income from our savings accounts. Read more [...]
Overall
February kicked butt! Our net worth increased $15,692.06 from last
month to a total of $706,173 (spreadsheet screenshot). It was nice to pass $700K net worth again since
we tippy toed by it in September 2018 but dropped back down.
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 company matches up to 5% of her 401(K) contribution and chips Read more [...]
January was a better income month than expected but our expense
exceeded our income (see spreadsheet screenshot).
Our total income in January was $14.905.77. In addition to our regular paychecks, I received a monthly/quarterly combined bonus of $3,458.33 gross ($2,579.37 net) and a $450 auto allowance. My wife also received a bonus of $2,804.69 gross ($1,579.75 net), a $681.67 auto allowance / mileage reimbursement, and $44.99 in reimbursements. We earned $12.32 in interest income from Read more [...]
Overall
2019 is off to a strong
start! Our net worth increased $23,481.51
from last month to a total of $690,481.78 (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
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). Read more [...]
Happy New Year! The years
have been flying by and we have set some exciting financial goals for ourselves
in 2019. Here they are:
1) Pass our 2022 Net Worth Goal
We ended 2018 with a net worth of $667,000,
over 3 years ahead of our 2018 net worth goal.
We would like to keep this lead and end 2019 with a net worth over $721,500 (our 2022 net worth goal).
2) Reduce average monthly
expenses by $1,000
We spent an average of $15,620 per month in 2018. An insane amount Read more [...]
Our path to financial independence and retiring early.
