Welcome to our January net worth update. Well that was a quick month. We survived the first month of 2016 including a blizzard, my birthday and my wife’s birthday. I’m a few weeks into my new project manager position and trying to find a balance of juggling all the things that come with a full-time job, being a dad of three teenagers, a good husband, homeowner, a blog owner, and a volunteer. It great that my new position is closer to home and offers a better work/life balance, but still after not having forty plus hours of my week consumed by a job it’s taking a little adjusting. I like what Tonya had to say on the matter, as she tries to find her sweet spot given her new work responsibilities.
I may cut back two posting on Tuesday and Thursdays with Friday open for my interviews series. As I try to figure my new schedule out. To wrinkle matters a bit my wife works in retail so her hours can be all over the place so there are some days that I’m just non-stop from 5:30 AM to 9 or 10 PM. I’m not complaining just giving you some insight on why my posts and commenting might not be as consistent over the next coupe months.
On to the numbers, I continue to poke around Personal Capital* using all of the free tools that they have available. I really like having one place to aggregate all of my accounts. I also continue to update my excel spreadsheet. I still like crunching the numbers myself.
Good news is we will soon have two steady paychecks rolling in and I expect to begin to get back to building wealth around here. I haven’t been able to say that in a while.
Here are our January numbers:
Net Worth Details
Cash (-$8,036.00): Our typically budget is around $6k. We spent extras this month on birthdays and paying ahead on a few bills.
Vanguard (-$11,522.00): The roller coaster ride continues. I did take the plunge and diversify some of my funds. Keep thinking long-term, long-term.
529s (+$82.09): Baby steps here. We are depositing $25 per account each month, this will be increased shortly.
Autos (+$490.00): I use Kelley Blue Book for our car values, a little bump up this month. Still a good feeling to have two paid for cars in the driveway.
Home ($0.00): Still an estimate, we have no plans on moving any time soon.
Mortgages (-$1,034.00): Our one and only liability. Slow and steady wins the race right? Building wealth is our top priority in our e-fund, and college funds. Once those are complete we plan on attacking the mortgage.
How was your January? 1/12th of 2016 down so far, how are your goals looking for the year?
*The Personal Capital link is an affiliate link. 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. I only recommend products or services that I use personally and believe you would benefit from.