We’re coming in on the home stretch of Summer, so I hope you have all been able to enjoy these past few months of warm weather. I’ve had excellent progress thanks to the market, so even with higher spending on vacation progress has still been in the right direction. I’ve also added a new account this past month, a HSA account. My company automatically puts in $100, than another $50 for getting a physical, and $300 if you complete an online assessment along with the physical and blood work. I’m hoping that I’ll be able to get that $300 bonus either this month or next. I have it set up that my contributions will max the account out, and once I have a balance of $3000 I’ll be able to choose where to invest it.
Happy early Fourth of July to anyone reading in the United States! It’s time for my June net worth update, and I was hoping for a good one even with some high spending this month. I recently returned from vacation, but did have a few targets in mind for where I wanted to be financially. It also helped that I found an error (in my favor) when calculating my net worth, which gives me an artificial boost for this month. Spending was high, but the results from that won’t really show up until July at this point. I also did some gift card buying and selling. That temporarily inflates my spending numbers, but should average out over time when I “spend” the money that I already have.
Summer is almost here, I hope that everyone reading here in the US is enjoying the weather as it warms up! I know that the Summer months usually bring higher spending for me, but I’ll be looking to control that wherever possible and continue to grow my net worth, even if it is at a slower pace compared to usual. I know that my goal is to hit a six figure net worth as soon as possible, and every little bit brings me closer to my next goal.
Time for the monthly net worth update, I always look forward to crunching the numbers and then writing this post! Especially since I’ve been posting monthly gains with my past few updates. Hope that everyone has done their taxes before the deadline, and is breaking even or close to it. You don’t want Uncle Sam to have taken a huge interest free loan from you, but you also don’t want to be paying a ton of money back. I got a decent sized tax refund back, and not sure if there’s really anything I could do to change that. I’m comfortable with the amounts though.
Happy April Fools Day everyone, hope everyone didn’t get pranked too hard. I’ve actually put out April Fool’s posts in the past before, but for today I decided to just keep it normal and go against the grain. This is my monthly net worth update, where you can see the progress that I’m making towards my goal of financial independence compared to the previous month. I continue to chug along, though I had some additional expenses last month related to moving. These were hopefully one time costs for the time being, so while I am expecting March to not turn out so great I believe that April will be another solid month in 2017 for me.