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 [...]

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 [...]

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 [...]

We just passed our net worth milestones of $670,000! We passed our previous net worth milestone of $660,000 in March.

Our net worth is currently $671,313.40. Our retirement accounts were the main reason we our net worth increased this month 🙂

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 [...]

July was another very good income month but also another huge expense month (see spreadsheet screenshot). Our total income in June was $15,115.91.  In addition to our paychecks, we each received a third “extra” paycheck.  I also received a monthly bonus of $830.60 gross ($453.06 net) and $662.49 in auto allowance and mileage reimbursement.  My wife received a $50 in company reimbursements.  We earned $4.29 in interest income from our savings account. This month, we spent a total of Read more [...]

Overall In January, our net worth decreased $1,553.71 to a total of $328,841.32 (see spreadsheet screenshot). My wife started her new job at the end of February but will not get her first paycheck until March. Retirement Accounts Our retirement accounts are comprised of my wife’s 401(k), my 401(k), our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k) and 15% to my 401(k).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional Read more [...]

Overall In January, our net worth increased $179.62 to a total of $331,293.56 (see spreadsheet screenshot). My wife and her team were laid off on December 31st but she received a severance and quarterly bonus in January.  My wife is such a superstar that she already landed a new job that starts in February making the same salary ($130K), a similar target bonus ($35K), two months off per year, car/laptop/phone, and her new company contributes 10% of her annual salary into her 401(k).  Such Read more [...]