In May, we had a lower than normal income month and a large expense month.
Our total income in May was $11,128.31. In addition to my wife’s regular paychecks, she received a quarterly bonus of $5,100 gross ($2,971.57 net) and $213.37 in company reimbursements for internet. My unemployment benefits have run out but I am waiting hear back to see if I will receive an extension. We earned $15.18 in interest income from our savings accounts.
This month, our expenses totaled Read more [...]
Overall
May was rough month for our net worth. Our net worth decreased a staggering $142,087.31 from last month to a total of $1,535,414.78 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 7% to my wife’s 401(k). My wife’s company matches up to 6% of her 401(K) contribution and chips in an additional 3% on top of the match at the end of the year (vests Read more [...]
In April, we had a larger than normal income month and a huge expense month.
Our total income in April was $15,055.41. In addition to my wife’s regular paychecks, she received a third “extra” paycheck. I received $2,820.00 in unemployment (includes extra $300/week extra stimulus money). My wife received $240.71 in company reimbursements (two months of internet). We earned $13.93 in interest income from our savings accounts.
This month, our expenses totaled $17,803.33. Read more [...]
Overall
April was a good net worth month. Our net worth increased $18,299.72 from last month to a total of $1,677,502.09 (see spreadsheet screenshot). During the month, we passed our net worth milestones of $1,680K - $1,710K but our net worth sharply declined at the end of the month, erasing that progress. The volatility of our cryptocurrencies is to blame 😊
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. Read more [...]
We just passed our net worth milestones of $1,690,000 to $1,720,000! Our net worth is currently $1,722,996. We passed our last net worth milestone of $1,680,000 a few days ago. Thank God, our cyptocurrenies have been increasing our net worth dramatically the past few months. We hope to reach our next milestone of $1,730,000 later this month.
We just passed our net worth milestone of $1,680,000! Our net worth is currently $1,682,752. We passed our last net worth milestone of $1,670,000 a few days ago. We hope to reach our next milestone of $1,690,000 later this month.
In March, we had an regular income month and a huge expense month.
Our total income in March was $10,683.14. In addition to my wife’s regular paychecks, I received $1,910 in unemployment (includes extra $300/week extra stimulus money). She received $0 in company reimbursements. We earned $12.76 in interest income from our savings accounts.
This month, our expenses totaled $24,154.01. Large, non-recurring expenses included $6,577 for vacation, $1,725 for half of estate plan, Read more [...]
Overall
March was another great net worth month. Our net worth increased $99,004.23 from last month to a total of $1,659,202.37 (see spreadsheet screenshot). We passed net worth milestones of $1,600K - $1,670K this month but it dipped down a bit before the end of the month.
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 company matches Read more [...]
We just passed our net worth milestones of $1,660,000 to $1,670,000! Our net worth is currently $1,671,223. We passed our last net worth milestone of$1,650,000 a few days ago. We hope to reach our next milestone of $1,680,000 later this month.
We just passed our net worth milestones of $1,640,000 to $1,650,000! Our net worth is currently $1,656,099. We passed our last net worth milestone of $1,630,000 a few days ago. We hope to reach our next milestone of $1,660,000 later this month.
Our path to financial independence and retiring early.
