Overall

January was another great net worth month. At one point, our net worth surpassed $1,370K, but retracked a bit towards the end of the month.  Our net worth increased $76,949.49 from last month to a total of $1,329,796.32 (see spreadsheet screenshot).

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 6% 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 5 years).  This month, we contributed $761.54 to her 401(k).  Since I am unemployed, I did not contribute anything to my retirement accounts.  The total balance of our retirement accounts increased $4,371.78 from last month to a total of $505,845.66.

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value is $333,114.95, up $76,421.81 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 $2,733.89 this month to a total of $27,627.50.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it decreased $142.52 from last month to a total balance of $37,816.17.  We contributed $0 to our daughter’s 529 Plan and it decreased $87.71 from last month to a total balance of $23,273.65.

Home

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$690K.  We refinanced our mortgage last month and our first payment is not due until February.  The current balance of our 15-year, 2.375% mortgage loan is $213,000.

Vehicles

My wife drives a company vehicle and has a company gas card.  I drive a 2017 SUV (~80K miles) that we own.  In addition, we own a 2013 ski boat.

Credit Card Balance

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

Overall

December was our 2^nd largest net worth increase month ever, just behind our largest month of June 2016 ($130K increase). Our net worth increased $109,674.00 from last month to a total of $1,252,846.83 (see spreadsheet screenshot). We passed 11 net worth milestones ($1,150K to $1,250K) this month!  Such a blessing!

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 6% 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 5 years).  This month, we contributed $1,361.54 to her 401(k).  Since I am unemployed, I did not contribute anything to my retirement accounts.  The total balance of our retirement accounts increased $20,956.05 from last month to a total of $501,473.88.

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  Our cryptocurrency investments have been skyrocketing lately.  The total current value is $256,693.14, up $94,811.26 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 $6,664.61 this month to a total of $30,361.39.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $50 to our son’s 529 Plan and it increased $1,629.69 from last month to a total balance of $37,958.69.  We contributed $50 to our daughter’s 529 Plan and it increased $1,021.36 from last month to a total balance of $23,361.36.

Home

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$690K.  We refinanced this month from our 15-year, 2.875% mortgage loan to a 15-year, 2.375% mortgage loan.  As part of the refi, we cashed out $38,237.68 to pay off our boat loan that was at 5.24%.  The current balance of our 15-year, 2.375% mortgage loan is $213,000.

Vehicles

My wife drives a company vehicle and has a company gas card.  I drive a 2017 SUV (~80K miles) that we own.  In addition, we own a 2013 ski boat that we paid off this month (balance was $42,883.23).

Credit Card Balance

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

Overall

In October, we passed our net worth milestones of $1,050K, $1,060K, and $1,070K, although we ended the month below $1,070K.  The growth rate of our net worth has been amazing this year.  We are averaging $24K increases every month. It feels like the stock market is due for a major correction in the next couple of years but in the meantime, we’ll keep enjoying the returns.  Our net worth increased $22,428.71 from last month to a total of $1,060,058.26 (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 5 years).  This month, we contributed $1,015.38 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $1,118.87 to my 401(k).  The total balance of our retirement accounts increased $2,167.73 from last month to a total of $470,225.36.

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  Our cryptocurrencies have been on an upward trend lately.  The total current value is $92,013.37, up $16,997.54 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 increased $2,250.19 this month to a total of $39,590.79.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it decreased $230.45 from last month to a total balance of $33,523.43.  We contributed $0 to our daughter’s 529 Plan and it decreased $141.71 from last month to a total balance of $20,614.73.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$675K.  The current balance of our 15-year, 2.875% mortgage loan is $170,354.52.  We paid $300 extra towards our home mortgage principal this month.

Vehicles

My wife and I both have company vehicles and gas cards.  We also own a 2017 SUV with ~80,000 miles.  In addition, we have a ski boat with a loan balance of $43,339.99 at 5.24%.  We paid $300 extra to our boat loan this month.

Credit Card Balance

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

Overall

We passed our net worth milestones of $1,040K in September but by the end of the month, we were slightly below the milestone.  The stock market took a beating this month and our investments reflect it. That being said, our net worth still increased $4,578.30 from last month to a total of $1,037,629.55 (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% 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 5 years).  This month, we contributed $1,015.38 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $1,020.57 to my 401(k).  The total balance of our retirement accounts decreased $14,437.76 from last month to a total of $468,057.63.

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  Lately, we’ve been buying more cryptocurrency.  The total current value is $75,015.83, up $6,480.29 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 increased $12,037.33 this month to a total of $37,340.60.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $50 to our son’s 529 Plan and it decreased $1,649.46 from last month to a total balance of $33,753.88.  We contributed $0 to our daughter’s 529 Plan and it decreased $1,046.16 from last month to a total balance of $20,756.44.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$675K.  The current balance of our 15-year, 2.875% mortgage loan is $172,029.14.  We paid $300 extra towards our home mortgage principal this month.

Vehicles

My wife and I both have company vehicles and gas cards.  We also own a 2017 SUV with ~80,000 miles.  In addition, we have a ski boat with a loan balance of $43,957.70 at 5.24%.  We paid $2,200 extra to our boat loan this month.

Credit Card Balance

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

Overall

We officially became millionaires in August! We passed our net worth milestones of $1,000K, $1,010K, $1,020K and $1,030K. Our net worth increased $42,629.34 from last month to a total of $1,033,051.25 (see spreadsheet screenshot).   Such a blessing!

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 8% 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 5 years).  This month, we contributed $1,006.08 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $658.59 to my 401(k).  The total balance of our retirement accounts increased $26,022.98 from last month to a total of $456,472.41.  

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  Lately, we’ve been buying more cryptocurrency.  The total current value is $68,535.54, up $6,517.78 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 increased $5,227.37 this month to a total of $25,303.27. Reaching $25K in cash & savings is one of our 2020 financial goals, so hopefully we can maintain this balance until the end of the year.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $2,402.64 from last month to a total balance of $35,403.34.  We contributed $0 to our daughter’s 529 Plan and it increased $1,479.63 from last month to a total balance of $21,802.60.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$630K.  The current balance of our 15-year, 2.875% mortgage loan is $173,699.75.  We paid $300 extra towards our home mortgage principal this month.

Vehicles

My wife and I both have company vehicles and gas cards.  We also own a 2017 SUV with ~80,000 miles.  In addition, we have a ski boat with a loan balance of $46,397.23 at 5.24%.  We paid $100 extra to our boat loan this month.

Credit Card Balance

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

Overall

July was one of the best months for our net worth. We passed our net worth milestones of $910K-980K this month. Our net worth increased $87,101.96 from last month to a total of $990,421.91 (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% 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 5 years).  This month, we contributed $4,486.30 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $969.12 to my 401(k).  The total balance of our retirement accounts increased $26,088.94 from last month to a total of $456,472.41.  

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value is $62,017.76, up $23,000 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 increased $4,800.09 this month to a total of $19,075.90.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $2,277.84 from last month to a total balance of $33,000.70.  We contributed $0 to our daughter’s 529 Plan and it increased $1,653.83 from last month to a total balance of $20,322.97.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$630K.  The current balance of our 15-year, 2.875% mortgage loan is $175,366.37.  We paid $300 extra towards our home mortgage principal this month.

Vehicles

My company provides me a vehicle and gas card.  My wife has a 2017 SUV with ~80,000 miles.  We paid off the load balance on my wife’s car ($27,323.96). She will be getting a company car in the coming weeks and we plan to keep the SUV as an extra vehicle.  We also have a ski boat with a loan balance of $46,634.89 at 5.24%. 

Credit Card Balance

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

Overall

June was another outstanding month for our net worth.  Our net worth increased $23,981.82 from last month to a total of $903,319.95 (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% 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.  This month, we contributed $1,474.83 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $639.56 to my 401(k).  The total balance of our retirement accounts increased $22,472.00 from last month to a total of $430,383.47.  

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value is $39,017.76, up $1,003.10 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 increased $1,322.32 this month to a total of $14,275.81.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $650 to our son’s 529 Plan and it increased $762.10 from last month to a total balance of $30,722.86.  We contributed $650 to our daughter’s 529 Plan and it increased $462.38 from last month to a total balance of $18,669.14.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$580K.  The current balance of our 15-year, 2.875% mortgage loan is $177,029.01.  We paid $2,100 extra towards our home mortgage principal this month.

Vehicles

My company provides me a vehicle and gas card.  My wife has a 2017 SUV with ~80,000 miles.  Her company gives her $300/month auto allowance and $0.53/mile reimbursement. The loan balance on my wife’s car is $27,323.96 at 2.79%. We paid $0 extra towards our auto loan principal this month.  We also have a ski boat with a loan balance of $46,864.23 at 5.24%. 

Credit Card Balance

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

Overall

May was another amazing month for our net worth.  Our net worth increased $60,778.03 from last month to a total of $879,338.13 (see spreadsheet screenshot).  The main driver was 3 years of my wife’s 401K company match vesting this month.

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 8% 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.  Her company match fully vested this month (after 3 years with the company) adding ~$30K to her 401K balance. This month, we contributed $1,006.08 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $637.25 to my 401(k).  The total balance of our retirement accounts increased $49,963.23 from last month to a total of $413,332.84.   

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value is $38,014.66, up $8,540.28 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 $1,500 this month to a total of $12,953.49.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $1,358.54 from last month to a total balance of $29,960.76.  We contributed $0 to our daughter’s 529 Plan and it increased $877.69 from last month to a total balance of $18,206.76.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$580K.  The current balance of our 15-year, 2.875% mortgage loan is $180,483.37.  We paid $300 extra towards our home mortgage principal this month.

Vehicles

My company provides me a vehicle and gas card.  My wife has a 2017 SUV with ~80,000 miles.  Her company gives her $300/month auto allowance and $0.53/mile reimbursement. The loan balance on my wife’s car is $27,953.31 at 2.79%. We paid $0 extra towards our auto loan principal this month.  We also have a ski boat with a loan balance of $47,105.93 at 5.24%. 

Credit Card Balance

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

Overall

April was a HUGE improvement over last month for our net worth.  Our net worth increased $52,140.57 from last month to a total of $818,560.10 (see spreadsheet screenshot).  Such a blessing!

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 8% 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 3 years). This month, we contributed $1,131.08 to her 401(k).  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $973.41 to my 401(k).  The total balance of our retirement accounts increased $31,013.76 from last month to a total of $363,369.61.   

Brokerage Account

Currently, our brokerage account consists of a handful of stocks and some cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value is $29,474.38, up $9,882.37 from last month.  Wow!

Cash & Savings Account

Cash and savings accounts consists 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 increased $3,462.91 this month to a total of $14,453.49.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $4,556.73 from last month to a total balance of $28,602.22.  We contributed $50 to our daughter’s 529 Plan and it increased $2,617.83 from last month to a total balance of $17,329.07.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$580K.  The current balance of our 15-year, 2.875% mortgage loan is $182,133.78.  We paid $300 extra towards our home mortgage principal this month.

Vehicles

My company provides me a vehicle and gas card.  My wife has a 2017 SUV with ~80,000 miles.  Her company gives her $300/month auto allowance and $0.53/mile reimbursement. The loan balance on my wife’s car is $28,567.67 at 2.79%. We paid $0 extra towards our auto loan principal this month.  We also have a ski boat with a loan balance of $47,333.11 at 5.24%. 

Credit Card Balance

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

Overall

As expected, March was a rough month for our net worth.  Our net worth decreased $38,837.58 from last month to a total of $765,419.53 (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% 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 3 years). This month, we contributed $1,938.55 to her 401(k) and her company deposited her annual match of $12,762.78.  We contribute 11% to my 401(k) and my company matches up to 4% and deposits the match in March (100% vested when deposited).  This month, we contributed $622.39 to my 401(k) and my company deposited my annual match of $3,175.09.  The total balance of our retirement accounts decreased $31,834.46 from last month to a total of $332,355.85.   

Brokerage Account

Currently, our brokerage account consists of a handful of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value is $19,592.01, down $4,983.90 from last month.

Cash & Savings Account

Cash and savings accounts consists 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 increased $476.63 this month to a total of $10,990.58.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $750 to our son’s 529 Plan and it decreased $4,003.14 from last month to a total balance of $24,045.49.  We contributed $750 to our daughter’s 529 Plan and it decreased $1,891.23 from last month to a total balance of $14,711.24.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$580K.  The current balance of our 15-year, 2.875% mortgage loan is $183,780.24.  We paid $2,100 extra towards our home mortgage principal this month.

Vehicles

My company provides me a vehicle and gas card.  My wife has a 2017 SUV with ~80,000 miles.  Her company gives her $300/month auto allowance and $0.53/mile reimbursement. The loan balance on my wife’s car is $29,218.01 at 2.79%. We paid $100 extra towards our auto loan principal this month.  We also have a ski boat with a loan balance of $47,606.57 at 5.24%. 

Credit Card Balance

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