This post may contain affiliate links.
Welcome to our June net worth update. In one word, wow! What a month. It did, however, start off on a scary note. My daughter on the first day of summer break hit the beach with her girlfriends. A few hours in we received a call that she dislocated her shoulder. A small moment of panic, a trip to the ER, an x-ray, and all is okay.
She took on a big wave and lost. Her shoulder went back into place on its own. She has been wearing a sling, and with a few weeks of physical therapy, she’ll be back to normal. Not the greatest way to kick things off, but it could have been worst.
I don’t think I have ever checked the weather reports more than the two weeks leading up to the twins prom, graduation ceremony, and party. The rain was in the forecast it seems like every other day, but other than a passing shower on prom night, the weather was perfect for all events.
Everything went off without a hitch. Well, expect for my son’s bow tie and the size of his head. He never checked to see if it would fit, and the tie was stitched. With a little help from money and a safety-pin, all was resolved. Prom was great. We went to a friend’s house for pictures with a large group who were whisked away in thirty passenger party bus.
Youth is on their Side.
My wife’s parent’s made the trip out from the West Coast for the festivities. They stayed with us, so great to have some quality time with the grandparents for our kids. We went to lunch before graduation with my mom, and in-laws and our family. Then it was on to the big graduation evening. Again the weather could not have been better, we scored great seats, and were able to get some great photos.
We capped the evening with a little ice cream. We were beaming with joy and pride for the kid’s accomplishments. So much so I bought them a tank of gas on the way home. Hey, I was feeling generous.
With prom and graduation in the books, their party was the last event. We host over sixty guests at our house for a Santa Maria style BBQ. The menu included tri-tip, chicken, coleslaw, baked beans, mac and cheese, and garlic bread.
The best decision we made was to hire some help for the day of the party. It helped cut down on the amount of work my wife and I had to do, even though we did not get to spend enough time with our guest. Everyone seems to have a great time, and the food was a big hit.
It was a great couple of weeks of family, friends, and food. I can’t believe it’s over. Both my son and daughter received generous gifts too, and I was happy to see all of their cash and checks received went into their saving accounts.
My wife and I received thank you from our son and daughter’s friends who received some of our favorite personal finances books as graduation gifts. It was nice to hear, and many had already started reading them.
We finished up the epic month with a trip to New Jersey to see our favorite band, U2. Another fantastic night for our family. You can’t beat an experience like this and floor seat either.
Not bad for $70 tickets.
Now on to the real reason you stopped by the numbers, I continue to use Personal Capital* to track our finances. Have you seen their new dashboard? I 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.
A few other tools I’ve adopted recently are:
Rize is a saving tool that gives you the ability to save for goals you set that add value in your life, like retirement, a vacation, or a future purchase. You can have multiple savings goals at once which all help you start building a saving habit and separate this behavior from spending.
Dobot is a financial app that analyzes your spending and moves funds over to a set goal or a safe amount via its automatic saving feature.
Our June Numbers:
Net Worth Details
Cash (-$1,665.25): Ouch! A significant drop in our cash due to the cash flowing of the events for the month of June. Since we took a hit, we have decided to cancel our trip to the West Coast this year. We are planning a local vacation instead.
DoBot/Rize (+$177.00): After being absent for a few months, the saving tools make a return with a modest increase.
Retirement (+$743.00): Another positive month. This mark the 8th month straight with gains! A small increase but I’ll take it.
529s (+$72.20): Considering we are depositing $75 a month, we actually lost a bit. The twins accounts will be withdrawn soon with college payments looming.
Autos (-$499.00): I use Kelley Blue Book for our car values. The roller coaster ride continues, but it’s still nice to have three well maintained paid for vehicles in our driveway.
Home ($0.00): Still an estimate, we have no plans on moving for at least 7-8 years.
Mortgages (-$1,363.00): Our only liability. I like the way this number continues to go down. Slow and steady wins the race right?
How was your June? What’s on tap for July? Any change in plans? Who’s your favorite band?
*The Personal Capital, Dobot, and Rize links are affiliate links. If you sign up, the blog makes a little bit of money. I only recommend products or services that I use personally and believe you would benefit from too.