Tuesday, October 31, 2017

October 2017

Jun-2017
Jul-2017
Aug-2017
Sep-2017
Oct-2017
Assets
Retirement
409,040.69
414,399.51
415,837.16
426,672.84
438,995.45
529college
16,274.92
16,504.62
16,659.04
17,214.84
17,872.05
Bank Accounts
52,334.20
43,598.18
37,824.87
40,419.20
38,914.60
Investments
15,172.88
13,691.78
14,364.19
15,237.29
16,771.70
Bonds
12,119.02
12,121.30
12,329.26
12,352.20
12,353.96
House
300,000.00
300,000.00
300,000.00
300,000.00
300,000.00
Total Assets
804,941.71
800,315.39
797,014.52
811,896.37
824,907.76
Liabilities
280,574.02
278,831.28
275,893.05
274,231.26
271,658.75
Net Worth
524,367.69
521,484.11
521,121.47
537,665.11
553,249.01
Change MoM
16,789.66
-2,883.58
-362.64
16,543.64
15,583.90


Nothing noteworthy this month. Net worth is over 550K.

Monday, October 2, 2017

September 2017

May-2017
Jun-2017
Jul-2017
Aug-2017
Sep-2017
Assets
Retirement
401,553.35
409,040.69
414,399.51
415,837.16
426,672.84
529college
15,828.00
16,274.92
16,504.62
16,659.04
17,214.84
Bank Accounts
46,171.82
52,334.20
43,598.18
37,824.87
40,419.20
Investments
14,213.26
15,172.88
13,691.78
14,364.19
15,237.29
Bonds
12,117.44
12,119.02
12,121.30
12,329.26
12,352.20
House
300,000.00
300,000.00
300,000.00
300,000.00
300,000.00
Total Assets
789,883.87
804,941.71
800,315.39
797,014.52
811,896.37
Liabilities
282,305.84
280,574.02
278,831.28
275,893.05
274,231.26
Net Worth
507,578.03
524,367.69
521,484.11
521,121.47
537,665.11
Change MoM
14,461.84
16,789.66
-2,883.58
-362.64
16,543.64


Leaving behind the red of the last couple of months, we've scaled new heights this month. Total Assets are at all time high, Liabilities are all time low and Net Worth is over $537K.

Nothing special going on this month, except for the fact that there is no more day care payments to be made - we have a kindergartner! We save a tad over $1K every month in daycare costs, most of which is now being plowed into our outstanding mortgage, and some towards outstanding student loans.

Proclamation of new goal: To wipe out current balance of student loan of $23K by end of 2018!

Thursday, August 31, 2017

August 2017

Apr-2017
May-2017
Jun-2017
Jul-2017
Aug-2017
Assets
Retirement
391,316.72
401,553.35
409,040.69
414,399.51
415,837.16
529college
15,378.18
15,828.00
16,274.92
16,504.62
16,659.04
Bank Accounts
44,260.80
46,171.82
52,334.20
43,598.18
37,824.87
Investments
13,378.60
14,213.26
15,172.88
13,691.78
14,364.19
Bonds
12,115.86
12,117.44
12,119.02
12,121.30
12,329.26
House
300,000.00
300,000.00
300,000.00
300,000.00
300,000.00
Total Assets
776,450.16
789,883.87
804,941.71
800,315.39
797,014.52
Liabilities
283,333.97
282,305.84
280,574.02
278,831.28
275,893.05
Net
493,116.19
507,578.03
524,367.69
521,484.11
521,121.47
Change
2,845.21
14,461.84
16,789.66
-2,883.58
-362.64


Second month in a row with decrease in net worth! 

But expected. Here are the big expenses which depleted our bank accounts.

The last of our landscape/hardscape project of $2,879! We should be done in this bucket for a few years now. The total cost of this summer-long project came to be $5,079. When we had got quotes from contractors for this work last summer they ranged between $6k to $8k.

We paid a one-time payment of $1,305 in extra mortgage (on top of the extra monthly principal we make each month). Just because we thought we had that much extra to throw at our largest debt. Paying off the mortgage is a priority for us, which will enable our FIRE.

Amidst all of these our investments grew in value in a month where the markets were essentially flat.

Tuesday, July 25, 2017

July 2017

Mar-2017
Apr-2017
May-2017
Jun-2017
Jul-2017
Assets
Retirement
387,058.50
391,316.72
401,553.35
409,040.69
414,399.51
529college
15,188.09
15,378.18
15,828.00
16,274.92
16,504.62
Bank Accounts
47,770.74
44,260.80
46,171.82
52,334.20
43,598.18
Investments
12,452.12
13,378.60
14,213.26
15,172.88
13,691.78
Bonds
12,114.12
12,115.86
12,117.44
12,119.02
12,121.30
House
300,000.00
300,000.00
300,000.00
300,000.00
300,000.00
Total Assets
774,583.57
776,450.16
789,883.87
804,941.71
800,315.39
Liabilities
284,312.59
283,333.97
282,305.84
280,574.02
278,831.28
Net
490,270.98
493,116.19
507,578.03
524,367.69
521,484.11
Change
14,974.27
2,845.21
14,461.84
16,789.66
-2,883.58


A few things happened this month that brought down our net worth month-over-month, for the first time since we starting tracking on this blog. We're glad that it happened as the previous 5 months had spectacular results, which could have led to the (wrong) belief that it is smooth sailing all the time.

The "Bank Accounts" was the bucket that took the heaviest hit due a couple major expenses, and the "Investments" bucket had another significant outflow - all of which were anticipated and accounted for. 

The first was M's tuition payment for the summer semester, which was $4,174. 

The second was payment of $2,200 for a hardscaping project for which we've been specifically saving for a year. There will be more spending on associated landscaping/hardscaping projects in the summer months.

The third was a payment of $1,578 to a clinic where W had undergone a procedure a couple of months back. This money came out of our HSA, which is part of our Investments bucket.

What is a good sign is that our Retirement bucket had significant inflow (which is not broken down in the chart above as we give the "final" number which is comprised of the gains and the contributions). Our debts also continue to go down.