Net Worth Update November 2017 – $287,839.64

A net increase of $19,640.31 to bring us to $287,839.64

Here’s the main table tracking our net worth again.


Change Explanations:

401k$5,324.31 – Contributions and growth/loss, no real changes strategically here.

HSA$1,808.22 – Normal paycheck contributions but some MAJOR expenses. We are contesting one of the bills from the hospital but it was a very expensive month. There are still outstanding bills we know are coming so this will continue to go down…

RothIRA$104.05 – Stock market at work here… The investments grew a little bit this month.

Acorns$54.43 – Just like before, we love Acorns because it just puts that little extra away without you realizing it.

Taxable$702.21 – A little more growth… Volatile stock will be volatile. We can’t do anything about that until it vests.

Cash$5,987.68 – This month we received some inheritance money from the passing of a family member. We used the majority of that to pay off our student loans. The remainder is in cash for right now and will be moved to a Roth IRA later. We will continue to build our emergency cash fund each month until daycare starts in January.

Mr. Joe’s Student Loans$7,584.53 – 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. Just like with the last car payment, we’ll show this for one more month and then it will drop off.

Mrs. Jane’s Student Loans$3,021.85 – Just like the SoFI loan, this is now paid off! No more money for you! Just like with the last car payment, we’ll show this for one more month and then it will drop off.

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$1,851.90 – We pay this off in full each month.

Home Equity$243.72 – 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. Big change here is the inheritance money we received and we also sold the Acura for $1,000. We also sold our tickets to one of the hockey games this month.


Another month of contributions. Nothing special.

Necessary Expenses

Cell Phone: Because of Hurricane Irma that hit Florida, Project Fi gave us a statement credit to help with costs for emergency communications. We didn’t really need it but it was definitely appreciated.

Puppies: Well it was a really bad month for us and our dogs. We had a regular visit with bloodwork and shots. The bloodwork indicates that one of our pups has a high likelihood of having cancer. She’s 10 years old so it isn’t totally unexpected and the difference between surgery and no surgery is 6 months versus 2 years. Since she has no other problems we’re willing to take a chance on the surgery. She had surgery earlier this week and the vet is pretty optimistic that he got most to all of it. So a pretty good outlook there but it was pricey.

Life Insurance was doubled billed this month, a result of just a weird billing cycle where they didn’t bill last month.

Discretionary Expenses

Flying: We had an opportunity to rent the plane for cheaper than normal so we made an overnight trip to St. Augustine. That resulted in higher than budgeted costs but it was fun!

Hockey Tickets: Back to normal after last months elevated costs.

Food and Dining: Starting to notice a pattern of overspending here. Not super worried about it as the “budget” amount was arbitrary. This month it’s due to our trip to St. Augustine and eating out a fair bit while we were there.

Auto Maintenance: The majority of these expenses are covered in this post: FREE New Car DIY Paintjob. Essentially there was some painting costs and additional maintenance that was required on the car to get it ready to go.

Home Maintenance: Another month where we haven’t had any elevated home maintenance. Hopefully that continues!

Gifts: We bought two books for a family member. Nothing crazy.

Excess Expenses

Nothing important…


Pretty Graphs

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.


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.

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