Today our retirement accounts total balance (401k, Roth IRA, & Traditional IRA) passed $100,000.
Our retirement accounts total balance is $100,697.64! This is a major blessing and milestone for us. I've always heard the first $100K is the hardest and that it just gets easier. Let's hope that's the case.
September 18, 2013
September 4, 2013
August 2013 Income Statement
August,
in addition to being brutally hot, was an good income month and a huge expense
month too (see attached spreadsheet).
September will be interesting. It will be my wife’s first full month at her new company. Plus, she still is due 1 final week of pay from her old company.
Our
total income in August was $9,765.52. In
addition to our regular paychecks, my wife received a check from her new
company for 1 week pro-rated ($1,651.44) and a $25 company reimbursement from
her old company. We also received $100 in
credit card cash back rewards, $40 is H.S.A. reimbursements and we earned $2.66
in interest income from our online savings account.
In
August, we spent a total of $12,135.49.
With my wife starting her new, higher paying job, we took the liberty to
get some stuff that we’ve been needing/wanting.
Some of the larger, non-typical expenses include $1,186 gun safe, $978
in auto repairs (2 cars), and $389 wetsuits (2).
September will be interesting. It will be my wife’s first full month at her new company. Plus, she still is due 1 final week of pay from her old company.
September 3, 2013
August 2013 Net Worth Update (-1,390.52)
We
were doing well in August until the end of the month, then the wheels came off
the cart. In August, we saw our net
worth decrease a $1,390.52, to a total of $227,037.01 (click on spreadsheet
below).
What Worked
My wife began a new job this month making $97K annual salary plus an opportunity to earn $35K+ in bonus each year. The company gives her $600/month auto allowance, a gas card, $100/month for home office, and 20K shares of stock each year. This is a huge blessing to our family.
What Didn’t Work
Sadly, all of our numbers fell this month.
Next Month
September will be my wife’s first full month with her new company. Her large income should really help us towards our goals.
What Worked
My wife began a new job this month making $97K annual salary plus an opportunity to earn $35K+ in bonus each year. The company gives her $600/month auto allowance, a gas card, $100/month for home office, and 20K shares of stock each year. This is a huge blessing to our family.
What Didn’t Work
Sadly, all of our numbers fell this month.
Next Month
September will be my wife’s first full month with her new company. Her large income should really help us towards our goals.
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