Category Archives: Net Worth

September 2024 Net Worth Update (+76,463.34)

Overall

In September, our net worth increased $76,463.34 from last month to a total of $2,011,775.03 (see spreadsheet screenshot).

Retirement Accounts                                                                                 

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  My Wife contributes 6% to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year.  Her 401(k) increases 1% automatically in March every year. This month, she contributed $1,998.14 to her 401(k).  I do not work and do not contribute to a retirement account any longer.  The total balance of our retirement accounts increased $24,930.13 from last month to a total of $924,616.69.

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 $375,151.42, up $40,004.37 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 increased $8,926.71 this month to a total of $23,932.58.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $1,530.81 from last month to a total balance of $79,269.54.  We contributed $0 to our daughter’s 529 Plan and it increased $1,071.32 from last month to a total balance of $55,476.21.  Our total 2024 contributions so far are $4,000 for our son and $4,000 for our daughter.  Our goal for the year was $8,000 total ($4K each) into our kids’ 529 Plans and we reached our goal with time to spare.

Home                                                      

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$924K.  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 (~105K miles on odometer) that we own (no auto loan). 

Credit Card Balance

All of our credit card debt is paid in full each month.

August 2024 Net Worth Update (-26,419.90)

Overall

In August, our net worth decreased $26,419.90 from last month to a total of $1,935,311.69 (see spreadsheet screenshot).

Retirement Accounts                                                                                 

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  My Wife contributes 6% to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year.  Her 401(k) increases 1% automatically in March every year. This month, she contributed $1,022.76 to her 401(k).  I do not work and do not contribute to a retirement account any longer.  The total balance of our retirement accounts decreased $14,860.03 from last month to a total of $899,686.56.

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 $335,147.05, down $17,987.34 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 increased $3,876.67 this month to a total of $15,005.87.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $500 to our son’s 529 Plan and it increased $1,560.86 from last month to a total balance of $77,738.73.  We contributed $500 to our daughter’s 529 Plan and it increased $1,245.78 from last month to a total balance of $54,404.89.  Our total 2024 contributions so far are $4,000 for our son and $4,000 for our daughter.  This means we hit our 529 Plan contribution goal for the year ($8,000 total) with 4 months to spare.

Home                                                      

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$938K.  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 (~100K miles on odometer) that we own (no auto loan). 

Credit Card Balance

All of our credit card debt is paid in full each month.

July 2024 Net Worth Update (+12,255.86)

Overall

In July, our net worth increased $12,255.86 from last month to a total of $1,961,731.59 (see spreadsheet screenshot).

Retirement Accounts                                                                                 

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We reduced my Wife’s 401(k) contribution from 8% to 6% to help with our cash flow and her company matches 4% and chips in an additional 6% at the end of the year.  Her 401(k) increases 1% automatically in March every year. This month, she contributed $1,193.22 to her 401(k).  I do not work and do not contribute to a retirement account any longer.  The total balance of our retirement accounts increased $136.05 from last month to a total of $914,546.59.

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 $353,134.39, up $11,521.26 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 $1,535.14 this month to a total of $11,129.20.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $200 to our son’s 529 Plan and it increased $1,373.29 from last month to a total balance of $76,177.87.  We contributed $200 to our daughter’s 529 Plan and it increased $1,018.83 from last month to a total balance of $53,159.22.  Our total 2024 contributions so far are $3,500 for our son and $3,500 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 ~$930K.  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 (~100K miles on odometer) that we own (no car loan). 

Credit Card Balance

All of our credit card debt is paid in full each month.

June 2024 Net Worth Update (-50,136.06)

Overall
In June, our net worth decreased $50,136.06 from last month to a total of $1,949,475.73 (see spreadsheet screenshot).


Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 8% (increases 1% automatically in March every year) 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 $1,937.43 to her 401(k). I do not work, nor contribute to a retirement account. The total balance of our retirement accounts increased $398.77 from last month to a total of $914,410.54.


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 $341,613.13, down $59,325.87 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 increased $4,126.25 this month to a total of $12,664.34.


College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $200 to our son’s 529 Plan and it increased $2,841.00 from last month to a total balance of $74,804.58. We contributed $200 to our daughter’s 529 Plan and it increased $2,084.83 from last month to a total balance of $52,140.28. Our total 2024 contributions so far are $3,300 for our son and $3,300 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 ~$933K. 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 (~100K miles on odometer) that we own (no car loan).


Credit Card Balance
All of our credit card debt is paid in full each month.

May 2024 Net Worth Update (+$169,947.65)

Overall

In May, our net worth increased $169,947.65 from last month to a total of $1,999,611.79 (see spreadsheet screenshot).   We gained back most of what we lost in April through our cryptocurrency investments in our retirement and brokerage accounts (the same accounts that caused the decline in April).

Retirement Accounts                                                                                 

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 8% (increases 1% automatically in March every year) 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 $1,363.68 to her 401(k).  The total balance of our retirement accounts increased $94,656.63 from last month to a total of $914,011.77

Brokerage Account

Currently, our brokerage accounts consist of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” column rather than “Cash & Savings Accounts”).  The total current value of our brokerage accounts is $400,939.00, up $73,352.45 from last month.  

Cash & Savings Account

Cash and savings accounts consist of a small sum of cash at home and 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 $4,438.98 this month to a total of $8,538.09.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $300 to our son’s 529 Plan and it increased $3,890.37 from last month to a total balance of $71,963.58.  We contributed $300 to our daughter’s 529 Plan and it increased $2,750.86 from last month to a total balance of $50,055.45.  Our total 2024 contributions so far are $3,100 for our son and $3,100 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 ~$925K.  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 (~100K miles on odometer) that we own (no car loan). 

Credit Card Balance

All of our credit card debt is paid in full each month.

April 2024 Net Worth Update (-$181,615.68)

Overall

In April, our net worth decreased $181,615.68 from last month to a total of $1,829,644.14 (see spreadsheet screenshot).   Most of the decline was due to cryptocurrency investments in our retirement and brokerage accounts.

Retirement Accounts                                                                                 

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contributed 8% (increases 1% automatically in March every year) 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 $1,363.68 to her 401(k).  Since I do not work, I did not contribute to a retirement account.  The total balance of our retirement accounts decreased $107,781.22 from last month to a total of $819,355.14.

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 $327,586.55, down $70,970.21 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 increased $769.56 this month to a total of $12,977.07.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $600 to our son’s 529 Plan and it decreased $2,098.58 from last month to a total balance of $68,073.21.  We contributed $600 to our daughter’s 529 Plan and it decreased $1,268.89 from last month to a total balance of $47,304.59.  Our total 2024 contributions so far are $2,800 for our son and $2,800 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 ~$925K.  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 (~100K miles on odometer) that we own and it have paid off. 

Credit Card Balance

All of our credit card debt is paid in full each month.

March 2024 Net Worth Update (+$211,262.16)

Overall

In March, our net worth increased $211,262.16 from last month to a total of $2,011,279.82 (see spreadsheet screenshot).

Retirement Accounts                                                                                 

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contributed 8% (increases 1% automatically in March every year) 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 $2,677.94 to her 401(k) and her company contributed $14,722.15 for the amount they “chip in” annually.  Since I do not work, I did not contribute anything to a retirement account.  The total balance of our retirement accounts increased $133,904.17 from last month to a total of $927,136.36.

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 $398,556.76, up $75,168.40.01 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 $5,151.70 this month to a total of $12,207.51.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $2,000 to our son’s 529 Plan and it increased $4,135.99 from last month to a total balance of $70,171.79.  We contributed $2,000 to our daughter’s 529 Plan and it increased $3,474.33 from last month to a total balance of $48,573.48.  Our total 2024 contributions so far are $2,200 for our son and $2,200 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 ~$920K.  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.

January 2024 Net Worth Update (+$85,940.25)

Overall

In February, our net worth increased $85,940.25 from last month to a total of $1,800,017.66 (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 $82,609.48 from last month to a total of $793,232.19.

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 $323,388.36, up $7,477.01 from last month.  We took a ~$70k loss on a cryptocurrency exchange bankruptcy but thankfully, the crypto market was up enough that our loss was offset.

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 $7,946.50 this month to a total of $17,359.21.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $2,381.27 from last month to a total balance of $63,654.53.  We contributed $0 to our daughter’s 529 Plan and it increased $1,690.74 from last month to a total balance of $43,408.41.  Our total 2024 contributions so far are $200 for our son and $200 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 ~$895K.  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.

January 2024 Net Worth Update (+$6,347.42)

Overall

In January, our net worth increased $6,347.42 from last month to a total of $1,714,077.41 (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 $8,154.06 from last month to a total of $710,622.71.

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 $315,911.35, down $9,185.33 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 $5,503.10 this month to a total of $25,305.71.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $200 to our son’s 529 Plan and it increased $2,360.94 from last month to a total balance of $63,654.53.  We contributed $200 to our daughter’s 529 Plan and it increased $1,610.01 from last month to a total balance of $43,408.41.  Our total 2024 contributions so far are $200 for our son and $200 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.

December 2023 Net Worth Update (+$116,099.15)

Overall

In December, our net worth increased $116,099.15 from last month to a total of $1,707,729.99 (see spreadsheet screenshot). What an amazing end to the year!  In the coming days, I will be posting an update on how we did with your 2023 financial goals.

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 $1,724.27 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 $55,853.64 from last month to a total of $693,283.32.

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 $325,096.68, up $51,181.94 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 increased $4,953.34 this month to a total of $30,808.81.  

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $2,608.59 from last month to a total balance of $61,293.59.  We contributed $0 to our daughter’s 529 Plan and it increased $1,778.90 from last month to a total balance of $41,798.40.  Our total 2023 contributions were $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.