April was a good income month and a somewhat high expense month (see spreadsheet screenshot).
Our total income in April was $11,622.20. In addition to our two regular paychecks, I received a monthly bonus of $2,500 gross ($1,496.25 net). We also got a $450 monthly auto allowance from my company and $55.99 in internet reimbursement from my wife’s company. We earned $2.83 in interest income from our savings account.
This month, our expenses were a bit higher than budgeted, but not too Read more [...]
Overall
April was a very good month. Our net worth increased $9,497.74 from last month to a total of $557,368.53 (see spreadsheet screenshot). We passed our $550K net worth milestones this month and nearly made it to $560K.
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 Read more [...]
Wow! We have been blessed with an awesome 2017 so far. We just passed our net worth milestone of $550,000! We passed our previous net worth milestone of $540,000 last month. To give you an idea of what a great year 2017 has been so far, we ended 2016 with a net worth of $517K. That's a lot of growth in a short period of time!
Our net worth is currently $551,671.59. I will update our chart on the right at the end of the month. We hope to hit our next net worth goal of $560,000 by June. Read more [...]
March was a phenomenal income month and a high expense month (see spreadsheet screenshot).
Our total income in March was $32,097.07, our second highest income month ever (April 2014 was our highest at $37,327). My wife received a 1.5% raise this month. In addition to our two regular paychecks, my wife received a quarterly bonus of $17,325 gross ($9,776.48 net) and I received a monthly bonus of $2,500 gross ($1,496.25 net). We also got a $10,750 tax refund ($8,688 federal, $2,062state), $450 Read more [...]
Overall
March was an AWESOME month. Our net worth increased $19,709.83 from last month to a total of $548,870.79 (see spreadsheet screenshot). We passed our $530K and $540K net worth milestones 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 company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% Read more [...]
Today, we passed our net worth milestone of $540,000! We passed our previous net worth milestone of $530,000 earlier this month. What a blessing this month has been!
Our net worth is currently $540,244.90. I will update our chart on the right at the end of the month. We hope to hit our next net worth goal of $550,000 by May.
February was a good income month and a lower than average expense month (see spreadsheet screenshot).
I started a new job on 1/30/75 and our total income in February was $9,683.90. My wife received her two regular paychecks and I received one week unemployment ($450), half a paycheck and a full paycheck. My wife also received $341.17 in company reimbursements. We also earned $1.42 in interest income from our savings account.
This month, our spending was lower than it has been in many Read more [...]
2017 is off to an amazing start. We passed our net worth milestone of $530,000 today! We passed our previous net worth milestone of $520,000 in January.
Our net worth is currently $530,358.81. I will update our chart on the right at the end of the month. Thanks to a huge quarterly bonus that my wife will receive this month, we should pass our net worth milestone of $540,000 in a couple of week! Read more [...]
Overall
February was a very good month. Our net worth increased $8,724.58 from last month to a total of $529,160.96 (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). I just started a new job and am not Read more [...]
NOTE: I am posting our January income statement early because I will be busy training at my new job next week:)
January was an average income month and a surprisingly large expense month (see spreadsheet screenshot).
Our total income in January was $8,524.38. My wife received her two regular paychecks and I received $1,800 in unemployment. My wife also received $44.99 in company reimbursements and we unexpectedly received a $93.16 Annual Escrow Acct Disclosure Statement refund. We also Read more [...]
Our path to financial independence and retiring early.
