Assets:
Checking: $1,056.38 (-$191.01 change from last month). I like to keep around $1,000 in our checking account just in case we need cash for something or I forget about a check I wrote.
Savings: $6,843.83 ($336.07 change from last month). I have started to put a little bit of money into my savings account each month. I would like to get this up to $10,000 by the end of the year so I put a little into it each paycheck.
Investments: $148,966.79 ($9,948.05 change from last month). This includes our 401ks and dividend stocks. The stock market rose during February, which helped make up for our losses the month before.
Property: $238,944 (-$671.00 change from last month). This includes our home value via Zillow and our vehicles via KBB. Pretty much every month this goes down some. Our house went up a little in value but our cars went down, so overall our property is worth less.
Total Assets: $395,811.00, which is an increase of $9,422.11 for the month
Liabilities:
Credit Cards: $6,745.03 ($1,580.31 change from last month). We pay these off every month, but I am sad that we spent $1500 more than the month before!
Car: $46,864.04 ($1,284.42 change from last month). Yes, we have one car payment with a high balance. I will be glad when this is paid off…in three years!
Home: $126,557.57 ($1,467.98 change from last month). We are paying this off early. We are hoping to use our house to buy a sailboat when we retire. The goal is to get this to $0 so when we sell it, we can use all the money to buy a sailboat.
Total Liabilities: $180,166.64, which is a decrease of $1,172.09 for the month
Total Net Worth: $215,644.36, which is an increase of $10,594.20.
I am glad our net worth increased, but I am still sad about our numbers. We are spending too much so we cannot invest more. The only way we are going to be able to retire early is if we save more. We are only saving 32.334% of our income. In order to retire when we want, we need to save more.
Adventure to Retirement 