Category Archives: Uncategorized

November 2020 Income Statement

In November, we had a slightly lower income month due to me quitting my job at the end of October.  Thankfully, we also had a lower expense month.  Our total income in November was $15,784.06.  In addition to my wife’s regular paychecks, she received $251.96 in company reimbursements and $10,000 gross ($5,832.24net) quarterly bonus.  I received $1,800 in unemployment in November.  Plus, we earned $17.80 in interest income from our savings accounts. This month, our Read more [...]

November 2020 Net Worth Update (+$83,114.57)

Overall November was my first full month jobless after quitting on 10/27/20.  That didn't slow us down though and our net worth increased an amazing $83,114.57 from last month to a total of $1,143,172.83 (see spreadsheet screenshot).   This was our 3rd largest one month net worth increase ever (1st was June 2016 and 2nd was July 2020). 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 Read more [...]

February 2019 Income Statement

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 [...]

August 2018 Income Statement

August was a good income month and a pretty terrible expense month (see spreadsheet screenshot).

Our total income in August was $13,804.42.  In addition to our regular paychecks, I also received a monthly bonus of monthly bonus $1,833.33 gross ($1,071.87 net) and my wife received gift cards from her company worth $350.  My wife also received a $1,004.42 auto allowance / mileage reimbursement and I received a $450 auto allowance. We earned $4.17 in interest income from our savings accounts.

This Read more [...]

August 2018 Net Worth Update (+$7,548.32)

Overall

August was good month for our net worth.  It increased $7,548.32 from last month to a total of $691,616.71 (see spreadsheet screenshot). Our retirement accounts passed $300K this month.  Such a blessing!

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 Read more [...]

April 2018 Net Worth Update (+$7,866.38)

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 [...]

NET WORTH MILESTONE: $630,000

We passed our net worth milestones of $630,000 last month and I didn’t realize it! We’ve been blessed with a new net worth milestone ($10K increments) each month this year. We passed our previous net worth milestone of $620,000 in October.

Our net worth is currently $632,159.81.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $640,000 in December.