February was our best net worth increase month by a very large margin. In February, our net worth increased $28,622.684, to a total of $274,030.38 (click on spreadsheet below).
What WorkedIn February, my wife earned a $66,600.00 gross ($27,808.32 net) quarterly bonus! This positively impacted every area of our balance sheet. We contribution at total of $4,523.05 to our retirement accounts ($3,300 from her bonus) and saw them increase to $8,361.82. We also contributed a total of $3,704.17 to her ESPP ($3,300 from her bonus), $1,150 to savings, $150 to our son’s 529 Plan, 10% of gross to our church tithe, and bought stock in our brokerage account. In addition, we paid off our $12,098.89 auto loan. Thanks to the huge blessing of my wife’s bonus, we passed three net worth milestones in one month (250K, 260K, & 270K)! We're 108.79% of our 2014 net worth goal ($251,900). Now, we'll shoot for hitting our 2015 net worth goal ($296,000) one year early.
What Didn’t Work