December 2021 Income Statement

In December, we had a pretty standard income month and thankfully an amazingly low month expense month.  Our total income in December was $8,547.71.  In addition to my wife’s regular paychecks, she received $215.19 in company reimbursements for internet.  We received $333.00 in child tax credits from the IRS and earned $157.91 in interest income from our savings accounts and stablecoins. This month, our expenses totaled $8,692.62.  That is our lowest expense month since July Read more [...]

December 2021 Net Worth Update (-$143,934.43)

Overall December was a rough month for our net worth.  Our net worth decreased $143,934.43 from last month to a total of $1,759,061.09 (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 over Read more [...]

November 2021 Income Statement

In November, we had a great income month but also a high expense month due to the holidays and home maintenance.  Our total income in November was $19,408.05.  In addition to my wife’s regular paychecks, she received a quarterly bonus of $14,784 gross ($9,708.06 net). My wife also received $227.47 in company reimbursements for internet.  We received $334.00 in child tax credits from the IRS and earned $551.89 in interest income from our savings accounts and stablecoins. This Read more [...]

November 2021 Net Worth Update (-$857.05)

Overall November was basically a neutral month for our net worth.  Our net worth decreased $857.05 from last month to a total of $1,903,747.19 (see spreadsheet screenshot).  We passed our net worth milestones of $1,910K to $1,930K this month but fell back below later in the month. 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 Read more [...]

October 2021 Income Statement

In October, we had a good income and expense month.  Our total income in October was $14,098.91.  In addition to my wife’s regular paychecks, she received a third “extra” paycheck. My wife received $184.20 in company reimbursements for internet.  We also received $334.00 in child tax credits from the IRS.  We earned $85.87 in interest income from our savings accounts and stablecoins. This month, our expenses totaled $12,977.86.  Large, expenses included $864.95 Read more [...]

October 2021 Net Worth Update (+215,984.08)

Overall October was an incredible month for our net worth.  Our net worth increased $215,984.08 from last month to a total of $1,904,604.24 (see spreadsheet screenshot).  We passed our net worth milestones of $1,800K to $1,900K this month! 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 Read more [...]

Our path to financial independence and retiring early.