Overall
September was an amazing month
for our net worth. Our net worth increased
$13,869.49 from last month to a total of $766,768.63 (spreadsheet screenshot). The main reason for the solid month was my
wife’s quarterly bonus of $15,000 gross ($9,664.54 net).
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 5% of her 401(K) Read more [...]
In August, we were blessed with a good income month and a low expense compared to what we usually average (see spreadsheet screenshot).
Our total income in August was $12,751.80. In addition to our regular paychecks, I received a monthly bonus of $1,950 gross ($1,084.40 net) and my received $549.55 in auto allowance / mileage reimbursements and $44.99 in internet reimbursements. We earned $0.01 in interest income from our savings accounts.
This month, our expenses totaled $12,465.59. Read more [...]
Overall
August was a rough month for our net worth. Our net worth decreased $8,254.49 from last month to a total of $752,899.14 (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 5% of her 401(K) contribution (100% vested when
deposited) and chips in an additional 5% on top of the match in March (vests
over Read more [...]
July was a good income month and a very low expense (see
spreadsheet screenshot).
Our total income in July was $15,757.70. In addition to our regular paychecks, I
received a monthly bonus of $3333.33 gross ($1,853.35 net) and my wife received
a discretionary bonus of $500 gross ($331.12 net). My wife received $1,763.04 in auto allowance
/ mileage reimbursements and $44.99 in internet reimbursements. We earned $0.01 in interest income from our
savings accounts.
This month, Read more [...]
Overall
July was a great month for our net worth. Our net worth increased $7,207.62 from last month to a total of $761,153.63 (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 5% of her 401(K) contribution (100% vested when
deposited) and chips in an additional 5% on top of the match in March (vests
over Read more [...]
We passed our net worth milestones of $760K this month. We passed our last net worth milestone of $750K last month. We hope to reach out next milestone of $70K by August.
June was a good income month, however, our expenses were almost
as bad as last month (see spreadsheet screenshot).
Our total income in June was $19,165.79. In addition to our regular paychecks, I
received a monthly bonus of $1,458.33 gross ($810.96 net) and my wife received
a quarterly bonus of $10,750 gross ($5,966.93 Net). My wife received $1,127.98 in auto allowance
/ mileage reimbursements and $44.99 in internet reimbursements. We earned $0.76 in interest income from our
savings Read more [...]
Overall
June was an incredible month for
our net worth. Our net worth increased $25,802.84
from last month to a total of $753,946.01 (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 5% of her 401(K) contribution (100% vested when
deposited) and chips in an additional 5% on top of the match in March Read more [...]
I've been busy with life and haven't updated our numbers lately but now that I have, I realized that we passed our net worth milestones of $740,000 and $750,000! This awesome year continues! We passed our last net worth milestone of $730K in April.
Our net worth is currently $750,394.98. We hope to reach out next milestone of $760K by August.
Read more [...]
May was a good income month however our expenses were insane
(see spreadsheet screenshot).
Our total income in May was $14,645.28. In addition to our regular paychecks, I
received a third “extra” paycheck and a monthly bonus of $1,666.66 gross
($926.83 net). My wife received $947 in auto
allowance / mileage reimbursements, $644.99 in internet reimbursements and $76.80
in her side hustle. We earned $7 in
interest income from our savings accounts.
This month, our expenses Read more [...]
Our path to financial independence and retiring early.