Overall

2017 has been a great year for our net worth.  In July, our net worth increased $11,727.10 from last month to a total of $589,433.77 (see spreadsheet screenshot).  We passed our $580K net worth milestones this month.

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  She just started her new and her 401(k) kicked in her second check this month, resulting in a contribution of $287.50 to her 401(k).  We contribute 4% to my 401(k).  My company matches up to 4% of my 401(k) and deposits the match in March (100% vested when deposited).   This month, I contributed $317.79 to my 401(k).  The total balance of our retirement accounts increased $6,808.02 from last month to a total of $245,910.85.

Brokerage Account

Currently, our brokerage account consists of two stocks and a small cash balance.  The total current value of the stocks and cash is $761.12.

Cash & Savings Accounts

Cash and savings accounts consists of a small sum of cash at home and our online savings account balance. It does not include our checking account balance that we use to pay our bills each month.  Our cash and savings accounts increased $802.64 this month, bringing the total to $14,516.23.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $336.12 from last month to a total balance of $19,593.48.  We contributed $50 to our daughter’s 529 Plan and it increased $222.70 from last month to a total balance of $10,042.01.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$530K.  The current balance of our 15-year, 2.85% mortgage loan is $241,259.93.  We paid $2,000 extra towards principal this month.

Cars

My wife’s 2017 SUV has 7,000 miles.  Her new company gives her $300/month and $0.53/mile reimbursement. The loan balance on my wife’s car is $49,389.73 at 2.79%. I have a 2012 sedan with 82K miles.  My company gives me a $450/month vehicle allowance and provides me with a gas card.  The loan balance on my car is $10,015.98 at 1.99%.

Credit Card Balance

We do not currently have a credit card balance that is not paid in full each month.

Overall

June was another great month.  Our net worth increased $12,043.24 from last month to a total of $577,606.67 (see spreadsheet screenshot).  We passed our $570K net worth milestones this month.

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited).  This month, my wife contributed $507.50 to her 401(k) and her company deposited another $1,015.00 into her 401(k) for her 5% match and 5% extra “chip in”.   We contribute 4% to my 401(k).  My company matches up to 4% of my 401(k) and deposits the match around March (100% vested when deposited).   This month, I contributed $269.36 to my 401(k).   The total balance of our retirement accounts increased $3,999.07 from last month to a total of $239,102.83.

Brokerage Account

Currently, our brokerage account consists of two stocks and a small cash balance.  The total current value of the stocks and cash is $491.40.

Cash & Savings Accounts

Cash and savings accounts consists of a small sum of cash at home and our online savings account balance. It does not include our checking account balance that we use to pay our bills each month.  Due to the purchase of a new vehicle, our cash and savings accounts decreased $3,595.63 this month, bringing the total to $13,713.59.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $190.47 from last month to a total balance of $19,257.36.  We contributed $50 to our daughter’s 529 Plan and it increased $97.33 from last month to a total balance of $9,819.31.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$530K.  The current balance of our 15-year, 2.85% mortgage loan is $244,461.01.  We paid $200 extra towards principal this month.

Cars

My wife started a new job this month and had to turn in her old company car.  For her new job, we purchased a full-size SUV that will be paid for by her auto allowance and used to tow our future boat.  My wife’s 2017 SUV has 7,000 miles.  Her new company gives her $300/month and $0.53/mile reimbursement. The loan balance on my wife’s car is $50,011.47 at 2.79%. I have a 2012 sedan with 78K miles.  My company gives me a $450/month vehicle allowance and provides me with a gas card.  The loan balance on my car is $10,201.02 at 1.99%.

Credit Card Balance

We do not currently have a credit card balance that is not paid in full each month.

Overall

May was another good month.  In fact, every month so far this year has been very good. Our net worth increased $8,195.90 from last month to a total of $565,564.43 (see spreadsheet screenshot).  We passed our $560K net worth milestones this month.

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited).  This month, my wife contributed $507.50 to her 401(k) and her company deposited another $1,015.00 into her 401(k) for her 5% match and 5% extra “chip in”.   We contribute 4% to my 401(k).  My company matches up to 4% of my 401(k) and deposits the match around March (100% vested when deposited).   This month, I contributed $238.46 to my 401(k).   The total balance of our retirement accounts increased $4,665.65 from last month to a total of $235,103.76.

Brokerage Account

Currently, our brokerage account consists of two stocks and a small cash balance.  The total current value of the stocks and cash is $494.13.

Cash & Savings Accounts

Cash and savings accounts consists of a small sum of cash at home and our online savings account balance. It does not include our checking account balance that we use to pay our bills each month.  This month our cash and savings accounts increased $1,756.10, bringing the total to $17,309.22.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $252.09 from last month to a total balance of $19,066.89.  We also contributed $0 to our daughter’s 529 Plan and it increased $128.82 from last month to a total balance of $9,721.98.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$530K.  The current balance of our 15-year, 2.85% mortgage loan is $245,858.74.  We paid $150 extra towards principal this month.

Cars

My wife has a company vehicle (and gas card) and I have a 2012 sedan with 75K miles.  My company gives me a $450/month vehicle allowance and provides me with a gas card.  The loan balance on my car is $10,389.66 at 1.99%.

Credit Card Balance

We do not currently have a credit card balance that is not paid in full each month.

Overall

April was a very good month. Our net worth increased $9,497.74 from last month to a total of $557,368.53 (see spreadsheet screenshot).  We passed our $550K net worth milestones this month and nearly made it to $560K.

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 5% to my wife’s 401(k).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited).  I just started a new job and am not yet eligible for my company’s 401(k) plan.  My wife contributed $507.50 to her 401(k) and her company deposited another $1,015.00 into her 401(k) for her 5% match and 5% extra “chip in”.   The total balance of our retirement accounts increased $5,900.69 from last month to a total of $230,438.11.

Brokerage Account

Currently, our brokerage account consists of $500 cash and one stock (my wife’s old company) valued at $11.93 (on a $2,000.00 in initial investment).  We are moving a little cash into our brokerage account as we are able to with the intent to make a purchase when the market dips again.

Cash & Savings Accounts

Cash and savings accounts consists of a small sum of cash at home and our online savings account balance. It does not include our checking account balance that we use to pay our bills each month.  This month our cash and savings accounts increased $1,852.83, bringing the total to $15,553.12.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $224.08 from last month to a total balance of $18,814.82.  We also contributed $0 to our daughter’s 529 Plan and it increased $114.52 from last month to a total balance of $9,593.16.

Home

We use the $528K purchase price that we paid in July 2016 for our home value.  Current comps in the area are ~$530K.  The current balance of our 15-year, 2.85% mortgage loan is $247,203.25.  We paid $150 extra towards principal this month.

Cars

My wife has a company vehicle (and gas card) and I have a 2012 sedan with 70K miles.  My company gives me a $450/month vehicle allowance and provides me with a gas card.  The loan balance on my car is $10,578.58 at 1.99%.

Credit Card Balance

We do not currently have a credit card balance that is not paid in full each month.