Post contains affiliate links.
Welcome to our February net worth update. We had another productive month. We took on a DIY product to paint our living room. It has been several years since it has been updated. We went from a dark chocolate color to a light green. We painted the fireplace, including cover and mantel. It looks like we live in a totally new house. We also purchased a new couch with money we received from Christmas. The old couch was ten plus years old and had lost its spring.
After Living Room
We still have one college decision down and one to go. My son was disappointed to learn he was not accepted too one of the schools he considered his top choice. The school has a great computer science program, but very competitive to get into. It has a 40% acceptance rate. My wife and I agreed it was probably a good lesson for him to experience now, but has set us on a bit of scramble mode. He has some solid secondary choices, but a few that are all equal, so we need to dig in and make the best overall decision. More to come.
Local scholarships are due today. Both my son and daughter are applying to at least a dozen each. I’m sure I sound like a broken record reminding them that any amount of free money is good money. Fingers crossed for positive results. We won’t hear back until June.
I have attended two committee meetings for the financial literacy committee I’m chairing. We are well on our way. We have been tasked with coming up with our recommendations to present to the board of education in May. Our plan is to develop financial literacy curriculum for all grade levels. As well to make a personal finance class mandatory for graduation.
I have an upcoming speaking event in March. I participated in #Givingcard challenge and #DebtDrop over at Rockstar finances too. It just seems like my personal finance karma has hit an all-time high right now and it feels good.
The grow my blog traffic goal is well under way. I have updated close to one hundred articles with new images so far. I continue to use boardbooster to automate pins and grow traffic via Pinterest. So far, I’ve seen some positive results.
We got a few unexpected days of warm weather in February and we hope that a sign of things to come. We have some travel schedule for March and the twins turn eighteen. So, we are excited for the month ahead.
Now on to the real reason you stopped by the numbers, I continue to use Personal Capital to track our finances. I really like having one place to aggregate all of my accounts. I also continue to update my excel spreadsheet, because I still enjoy crunching the numbers myself.
We continue to use Digit to help automate our savings. Digit connects to our checking account and analyze our income and spending. Over time it finds small amounts of money that it can safely set aside for us. This has really help us increase our saving rate.
Our February Numbers:
Net Worth Details
Cash (+$962.00): A little bump which is always a good thing. We are working on increasing our saving rate. I’m planning on review all February pending this weekend.
Digit (+463.93): A can’t recommend this tool enough. Such a great way to get your savings kick started.
Retirement (+$8,888.00): Lucky 8’s! Another bump up this month. Nice to have three positive months in a row, considering the political uneasiness right now.
529s (+$92.91): A small increase after pulling the plug on the 529 saving for the twins and have automated that savings to a regular saving account. We are still depositing for our youngest.
Autos (+$245.00): I use Kelley Blue Book for our car values. A slight bump, it’s still nice to have three well maintained paid for vehicles in our driveway. We do have some upcoming routine maintenance scheduled.
Home ($0.00): Still an estimate, we have no plans on moving any time soon.
Mortgages ($-760.00): Our one and only liability. I like the way this number continues to go down. Slow and steady wins the race right?
What a month all categories positive!
How was your February? What’s on tap for March? Are you ready for spring?
*The Personal Capital, Digit, and BoardBooster links are affiliate links. If you sign up, the blog makes a little bit of money. Personal Capital is a free tool and a great way to keep track of your net worth. Digit is a great way to automate your savings. I only recommend products or services that I use personally and believe you would benefit from.