This was a great month for our family’s net worth. Despite big changes to our work situation, we were able to increase our net worth by over $8,000!
3 months of updates here. We have grown quite a bit over the last 3 months with stocks rallying and our cash reserves building. See how it went down in this update!
So, what has been happening since August 2015? A LOT! In this time, we have purchased a vehicle, sold our other vehicle, received an inheritance, started funding our retirement much more, started putting money that we’ve saved into our sinking fund towards our vacation, among other things.
We finally finished up our 6 month emergency fund this month. Stocks put a damper on our growth, but we ended up positive over the month.
An awesome month for sure as we grew our emergency fund savings a lot this month. See how we did it in this update.
We got a good chunk of money put away into savings this month getting us much closer to our Fully Funded Emergency Fund of 6 months! We also moved our investments around and ended up taking a hit on that getting things started up after rolling over a 401k into an IRA.
Alright, here goes! My first real Budget Report/Net Worth Update! What Happened This month was a pretty good month overall, but I think with how the paychecks fell at the end of the month, our stats were showing a little skewed. We will see next month anyways. We got a good chunk of money put away into savings this month getting us all that much closer to our Fully Funded Emergency Fund of 6 months of expenses! Can’t wait to get that done so that we can start investing, saving for kid’s college and paying off the mortgage! Net Worth […]
So, lately I’ve been very interested in reading and writing about raising our net worth. Since we just finished our 9 week class that we facilitated for the first time in our home called “Financial Peace University”. We have been following the Baby Steps that FPU teaches since 2011 and have since been able to pay off all of our debt other than our personal residence, replace our cars by paying cash, create a monthly budget that we follow, build up an emergency fund that is at this time 70% funded towards our goal of $15,000, and lastly, we’ve been […]