We just passed our net worth milestones of $670,000! We passed our previous net worth milestone of $660,000 in March.

Our net worth is currently $671,313.40. Our retirement accounts were the main reason we our net worth increased this month 🙂

We just passed our net worth milestones of $660,000! We passed our previous net worth milestone of $650,000 in January.

Our net worth is currently $660,212.53. Our retirement accounts have had the biggest impact MTD. I will update our chart on the right at the end of the month.

My wife will be receiving a large bonus that may bump us past $670,000 by the end of the month!

We just passed our net worth milestones of $650,000! We passed our previous net worth milestone of $640,000 last month.  2018 is off to a great start!

Our net worth is currently $655,302.68.  Our retirement accounts and cryptocurrencies have been doing amazing in January.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $660,000 by next month (or maybe even this month).

Happy New Year!  2017 was a great year for our net worth but we somehow only hit three of our five 2017 financial goals.  I hope we have better luck hitting our goals for 2018.  Here they are:  

1) Pass our 2022 Net Worth Goal
We enter 2018 with a net worth of $641,732.04, almost 4 years ahead of our net worth goal targets.  God willing, we can secure the 4 year lead by exceeding our 2022 net worth goal of $721,500 in 2018.  My estimates/forecast puts us at $682K by the end of the year so we’ll have to work extra hard to reach $721K.

2) Continue tithing and improve attendance
We failed to make it to church very consistently but we did succeed in giving $200/month in 2017.  We plan to continue our giving plan while working to improve our attendance.

3) Pay $6,000 extra towards mortgage principal
We secured a 15-year mortgage (2.875%) when we moved into our new house in July 2016.  We would love to pay it off in 10-11 years instead of 15 years.  To do so, we plan to make two extra payments a year ($1,800 each) and pay $200 extra every month.

4) Contribute $2,000 to 529 Plans ($1,000 for each child)
We plan to begin contributing again to our kids’ 529 Plans in 2018.  We took most of 2017 off so our intent is to work to get $1,000 in to each of their 529 Plans.  Currently, our 6-year-old son’s 529 Plan has a balance of $21,642.82 and our 3-year-old daughter’s 529 Plan has a balance of $11,141.03.  

5) Building retirement accounts balance total to $300K
We ended 2017 with $267K in retirement savings. God willing, with a little extra effort and good returns from the stock market, we hope to reach $300,000 total in our retirement accounts by the end of 2018.

Happy New Year!  We had an amazing 2017:  My wife and I both started great new jobs, we invested in quality family time, and our net worth skyrocketed.  Interestingly, we still only hit three of our five financial goals (details below).  I will be posting our 2018 financial goals shortly.

1) Pass our 2020 Net Worth Goal – SUCCESS
Going into 2017 with a net worth of $517,430, we were tracking ~3 years ahead of our net worth targets.  We had hoped to maintain this lead and end 2017 above our 2020 net worth goal of $575,800.  We were very blessed to end 2017 with a net worth of $641,732!  That puts us ~4 years ahead of our net worth targets (our 2021 goal is $645,800)!

2) Start tithing again – SUCCESS
We failed to make it to church very consistently but we did succeed in giving $200/month in 2017.  Now we have to fix our attendance…

3) Pay $5,000 extra towards mortgage principal – SUCCESS
We were able to pay $5,650 extra towards mortgage principal in 2017.  Our current mortgage balance is $234,182 on our 15-year mortgage (2.875%).  That puts us on track to pay it off 10-11 years after purchasing it in July 2016. 

4) Contribute $6,000 to 529 Plans ($3,000 for each child) – FAIL
We decided early in 2017 to abandon this goal so that we could purchase a boat to enjoy as a family.  We’ve been so financial focused that we quit having very much fun as a family.  The boat has been a fun, albeit expense, way to send time together and with friends.  That being said we were still able to contributed $700 to our son’s plan and $700 to our daughter’s plan. Our 6-year-old son’s 529 Plan has a balance of $21,642.82 and our 3-year-old daughter’s 529 Plan has a balance of $11,141.03.  

5) Building savings account balance to $20,000 – FAIL
We ended 2017 with $9,433.75 in savings. We got very close to the $20K goal in June with $17,309.22 in savings.  We had plenty of chances to exceed the $20K goal but we started pulling out more than we were putting in, including the following:

·        $12K down payment for SUV

·        $15K down payment for boat

·        $5K moved into brokerage and cryptocurrency accounts

We just passed our net worth milestones of $640,000! We passed our previous net worth milestone of $630,000 last month.  What an awesome way to end the year!

Our net worth is currently $641,128.86.  Most of our growth this month has come from big gains in the cryptocurrencies that we own.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $650,000 by next month.

We just passed our net worth milestones of $610,000 and $620,000! We passed our previous net worth milestone of $600,000 last month.  This year has been such a blessing!

Our net worth is currently $624,654.61.  Most of our growth this month came from a large quarterly bonus my wife received that we used to buy a boat with a $15K down payment.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $630,000 by next month.

We just passed our net worth milestone of $600,000! We passed our previous net worth milestone of $590,000 last month.

Our net worth is currently $601,487.89.  We’ve averaged a $10K net worth increase every month this year! I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $610,000 by … you guessed it, next month.

Feeling blessed!

We just passed our net worth milestone of $590,000! What a blessing this year has been! We passed our previous net worth milestone of $580,000 last month.

Our net worth is currently $590,664.99.  I will update our chart on the right at the end of the month.  We hope to hit our next net worth goal of $600,000 by October.