October 2013 Net Worth Update (+5,439.56)

Our net worth in October increased nicely again.  In October, our net worth increased $5,439.56, to a total of $239,359.04 (click on spreadsheet below).

What Worked

In October, we contributed $1,228.32 to our retirement accounts and saw them increase $4,545.84 to a total of $105,527.58.   While we don’t track current market value of our home in the spreadsheet (we use the purchase price), comps in our area are selling for $100K+ more than our purchase price.

What Didn’t Work
-

Next Month
November should be another good month. 

September 2013 Income Statement

September was a phenomenal income month and a big expense month too (see attached spreadsheet).

Our total income in August was $12,577.62.  In addition to our regular paychecks, my wife received a final check from her old company and a $700 company reimbursement from her new company.  We also received $75 in credit card cash back rewards, $150 in birthday gifts to our son (529Plan) and we earned $2.66 in interest income from our online savings account.

In September, we spent a total of $10,681.95 - not as much as last month ($12K), but more than we should.  Some of the larger, non-typical expenses include $215 BBQ, $2K in food, and $2K in misc. household items.

October should be another good income month - I receive a 3^rd “extra” check.

 

September 2013 Net Worth Update (+6,882.47)

Our net worth in September showed good improvement.  In September, our net worth increased $6,882.47, to a total of $233,919.48 (click on spreadsheet below).

What Worked
September was such a blessing.  We found out that my wife is 4 weeks pregnant!  We are so happy to be having a second child.  We also passed the retirement savings milestone of $100,000 in total retirement assets!  September was my wife’s first full month at her new job, which she loves.  In September, we contributed $1,062.76 to our retirement accounts and saw them increase $5,802.02 to a total of $100,981.74.   We also tucked away a little more into our son’s 401(k).

What Didn’t Work
-
 
Next Month
October should be another good month.  I receive a 3^rd “extra” check and no major expenses are planned.