In November, we had a regular income month and a high expense month.
Our total income this month was $12,095.70. My wife maxed out on her 2023 social security contributions so her paychecks for the remainder of the year will be a bit larger ($5,993/paycheck vs $5,444.56/paycheck). In addition to my wife’s regular paychecks, she received a $115.87 reimbursement for internet service. We also earned $113.35 in interest income from our savings accounts.
This month, our expenses totaled $14,882.02. Large expenses included $3,735.78 in household items, $1,568 in care service, and $624.92 on clothing.
Next month my wife should receive a quarter bonus of ~$10,000 gross.
In November, our net worth increased $97,402.47 from last month to a total of $1,591,630.84 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contributed 7% to my wife’s 401(k) and her company matched 4% and chips in an additional 6% at the end of the year. This month, she contributed $1,150.52 to her 401(k). Since I do not work, I did not contribute anything to a retirement account. The total balance of our retirement accounts increased $66,307.49 from last month to a total of $637,429.68.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $273,914.74, up $26,370.38 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $4,520.05 this month to a total of $25,855.47.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $0 to our son’s 529 Plan and it increased $5,662.95 from last month to a total balance of $58,685.00. We contributed $0 to our daughter’s 529 Plan and it increased $3,861.77 from last month to a total balance of $40,019.50. Our total 2023 contributions so far are $3,150 for our son and $3,000 for our daughter.
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$890K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~95K miles) that we own and it is paid off.
Credit Card Balance
All of our credit card debt is paid in full each month.
In October, we had a regular income month and a reasonable expense month.
Our total income this month was $12,267.69. My wife maxed out on her 2023 social security contributions so her paychecks for the remainder of the year will be a bit larger ($6,004/paycheck vs $5,444.56/paycheck). In addition to my wife’s regular paychecks, she received a $110.87 reimbursement for internet service. We also earned $146.98 in interest income from our savings accounts.
This month, our expenses totaled $12,054.32. Large expenses included $3,142.12 in groceries/dinning, $2,645.84 in household items, and $1,875.92 in pet care and pet insurance.
Next month should be a pretty typical income and expense month.
In October, our net worth increased $24,373.54 from last month to a total of $1,494,228.37 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contributed 7% to my wife’s 401(k) and her company matched 4% and chips in an additional 6% at the end of the year. This month, she contributed $1,150.52 to her 401(k). Since I do not work, I did not contribute anything to a retirement account. The total balance of our retirement accounts increased $4,266.22from last month to a total of $571,122.19.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $247,544.36, up $41,182.22 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $13,853.02 this month to a total of $30,375.52.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $50 to our son’s 529 Plan and it decreased $4,062.36 from last month to a total balance of $53,022.05. We contributed $0 to our daughter’s 529 Plan and it decreased $2,876.63 from last month to a total balance of $36,157.73. Our total 2023 contributions so far are $3,150 for our son and $3,000 for our daughter.
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$890K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~95K miles) that we own and it is paid off.
Credit Card Balance
All of our credit card debt is paid in full each month.
In September, we had a great income month and a reasonable expense month.
Our total income this month was $21,546.79. In addition to my wife’s regular paychecks, she received a quarterly bonus of $14,917.50 gross ($9,830 net) and a 106.74 reimbursement for internet service. We also earned $160.57 in interest income from our savings accounts.
This month, our expenses totaled $16,324.55. Large expenses included $3,686 for giving to church/family, $2,926 for groceries/dinning, and $635 for home maintenance/repairs.
Next month should be a pretty typical income and expense month.
In September, our net worth decreased $15,923.47 from last month to a total of $1,469,854.83 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contributed 7% to my wife’s 401(k) and her company matched 4% and chips in an additional 6% at the end of the year. This month, she contributed $1,896.40 to her 401(k). Since I do not work, I did not contribute anything to a retirement account. The total balance of our retirement accounts decreased $13,618.28 from last month to a total of $566,855.97
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $206,362.14, up $1,569.13 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $2,659.82 this month to a total of $44,228.54.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $100 to our son’s 529 Plan and it decreased $551.58 from last month to a total balance of $57,084.41. We contributed $0 to our daughter’s 529 Plan and it decreased $377.17 from last month to a total balance of $39,034.36. Our total 2023 contributions so far are $3,100 for our son and $3,000 for our daughter. We hit our contribution goal for the year!
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$892K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~94K miles) that we own and it is paid off.
Credit Card Balance
All of our credit card debt is paid in full each month.
In August, we had a great income month but also a very high expense month.
Our total income in August was $15,962.77. In addition to my wife’s regular paychecks, she received an unexpected bonus from old company of $706 gross ($443.72 net) and she exercised stock options worth $4,467.38 (net). We also earned $162.55 in interest income from our savings accounts.
This month, our expenses totaled $18,729.97. Large expenses included $3,150 for puppy, $1,266 for gym memberships, and $990.05 for giving.
Next month my wife should receive a quarterly bonus of $14,917.50 gross.
In August, our net worth decreased $6,612.94 from last month to a total of $1,485,778.30 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contributed 7% to my wife’s 401(k) and her company matched 4% and chips in an additional 6% at the end of the year. This month, she contributed $1,150.52 to her 401(k). Since I do not work, I did not contribute anything to a retirement account. The total balance of our retirement accounts decreased $3,070.67 from last month to a total of $580,474.25.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $204,793.01, up $765.76 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $2,328.23 this month to a total of $46,888.36.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $0 to our son’s 529 Plan and it decreased $1,004.37 from last month to a total balance of $57,635.99. We contributed $0 to our daughter’s 529 Plan and it decreased $686.79 from last month to a total balance of $39,411.53. Our total 2023 contributions so far are $3,000 for our son and $3,000 for our daughter. We hit our contribution goal for the year!
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$884K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~94K miles) that we own and it is paid off.
Credit Card Balance
All of our credit card debt is paid in full each month.
In July, we had a typical income month but also a very high expense month.
Our total income in July was $11,161.73. In addition to my wife’s regular paychecks, she received a company reimbursement for internet of $105.87. We also earned $166.74 in interest income from our savings accounts.
This month, our expenses totaled $19,646.50. Large expenses included $2,670.54 for vacations, $5,100 for home maintenance, and $597.04 for office supplies.
Next month should be a more typical income and expense month.
In July, our net worth increased $25,739.64 from last month to a total of $1,492,391.24 (see spreadsheet screenshot).
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contributed 7% to my wife’s 401(k) and her company matched 4% and chips in an additional 6% at the end of the year. This month, she contributed $1,150.52 to her 401(k). Since I do not work, I did not contribute anything to a retirement account. The total balance of our retirement accounts increased $24,907.34 from last month to a total of $583,544.92.
Brokerage Account
Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”). The total current value of our brokerage accounts is $204,027.25, up $1,951.60 from last month.
Cash & Savings Account
Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month. Our savings decreased $4,653.65 this month to a total of $49,216.59.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $0 to our son’s 529 Plan and it increased $2,272.18 from last month to a total balance of $58,640.36. We contributed $0 to our daughter’s 529 Plan and it increased $1,553.72from last month to a total balance of $40,098.32 Our total 2023 contributions so far are $3,000 for our son and $3,000 for our daughter. We hit our contribution goal for the year!
Home
For our home value, we use the $528K purchase price that we paid in July 2016. Current comps in the area are ~$884K. We paid off our home in September 2021.
Vehicles
My wife drives a company vehicle and has a company gas card. I drive a 2017 SUV (~94K miles) that we own and it is paid off.
Credit Card Balance
All of our credit card debt is paid in full each month.
Our path to financial independence and retiring early.
