A net increase of $5,692.71 to bring us to $293,532.35
Here’s the main table tracking our net worth again.
401k – $5,714.69 – Contributions and growth/loss, no real changes strategically here.
HSA – $207.98 – Normal paycheck contributions but some more baby expenses. There are still outstanding bills we know are coming so this will continue to go down…
RothIRA – $229.63 – Stock market at work here… The investments grew a little bit this month.
Acorns – $48.78 – Just like every other month, we love Acorns because it just puts that little extra away without you realizing it.
Taxable – $1,170.24 – A little more growth… Volatile stock will be volatile. We can’t do anything about that until it vests.
Cash – $2,755.12 – A lot of this was just normal spending on the credit card that got paid off.
Mr. Joe’s Student Loans – $0 – If you’ve been following our blog then you’ll know that we recently Re-financed Mr. Joe’s student loan with SoFI. We’ve detailed that process in some other posts you can find here. So far it’s been great working with SoFI. However, we are parting ways with them because as we said above, this is now paid off! While SoFI was great, we won’t be sending them money anymore. This is the last time we’ll show the student loans.
Mrs. Jane’s Student Loans – $0 – Just like the SoFI loan, this is now paid off! This is the last time we’ll show the student loans.
Car Loan 2 – $277.65 – Making progress on schedule here due to making a payment. This is a 0% interest loan and we’re unlikely to ever accelerate this loan payment.
Credit Cards – $970.27 – We pay this off in full each month.
Home Equity – $244.55 – Normal mortgage payment amortization stuff going on.
Income and Spending
Here’s where we actually show you where our money went during the month. We won’t go into crazy detail because telling you which restaurants we ate at each week would be just silly. But we will cover any unusual spending or income.
The “Budgeted” numbers below are kind of ambiguous and work on a monthly funding basis so something like car insurance which we pay every 6 months has a dollar amount budgeted but won’t have actuals except for twice a year.
This is kind of a simple table showing our income for the month. Mrs. Jane’s income is down as she’s out on maternity leave. We also sold a couple of hockey tickets and got a refund on an over payment of our student loans.
Another month of contributions. Nothing special.
Cell Phone: Mrs. Jane’s cell phone died this month so we had to get her a new one. With Project Fi they do 0% financing so the extra this month was for taxes on the new phone.
Puppies: If you read our last monthly update we talked about one of our dogs getting diagnosed with cancer. She had surgery and it went well and this month she started chemotherapy. The vet and oncologist are very optimistic about it so hopefully after a few treatments we’ll have it beat!
Flying: We didn’t do any flying this month but we did buy Mrs. Jane her own headset for hearing protection. Aviation headsets are expensive but worth it to provide the proper protection for your ears.
Hockey Tickets: Elevated due to some special event tickets we purchased.
Food and Dining: Definitely a pattern of spending about this much each month. As we said before, the budget number was arbitrary.
Household Goods: We replaced some of our living room furniture this month.
Home Maintenance: There was a Black Friday sale on a generator that we couldn’t pass up. On top of that we assigned replacement of our living room couches here. The old couches were falling apart and a family member had a good leather sectional they were getting rid of that we bought from them at a discount.
Gifts: The start of Christmas shopping!
Personal Capital Net Worth
We don’t track every account in Personal Capital so this won’t exactly track the numbers from above but it’s good enough for visualization. You can see the big spike when the inheritance check got deposited.
Charts from my Google Sheets Financial Tracking Spreadsheet
Finally got this graph looking right. It shows what our current liquid assets would provide as income at a 3% withdrawal rate in Blue, our income in Red, and our expenses in yellow. For those readers that have not researched Financial Independence and Early Retirement (FIRE), this is a very conservative way of estimating retirement income. Essentially, when the Blue line exceeds the yellow line we could retire with reasonable confidence.
This is a stacked line chart that shows how our net worth is broken down in different accounts. Hopefully as time goes on these graphs become more interesting. You’re starting to see some of the lines spread out as different accounts grown and contribute to our net worth in different ways. The Blue is 401k, the Red is home equity, and the Light Blue is the employee stock. Starting to see some Light Green at the top which is the checking account and some Yellow in the middle which is the HSA accounts.
Full Disclosure: The links above to SoFI and Acorns are referral links. I will get a bonus from SoFI if you sign up using my link and you will get $100. If you sign up for Acorns with my link we both get $5.