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Welcome to our March net worth update. We had yet another productive month. My son and daughter turned eighteen. So, we promptly moved them out of the house and they are living on their own now.
Come on what kinds of parents do you think we are. I have been joking with them for years that on their eighteenth birthday that they would have to get an apartment of their own, but instead we took a family trip to Disney. More details to come in a future post on how we saved a ton of money to make this trip happen, but we did manage to make several great memories. One was we recreated a photo from the last time we visited the mouse.
Happy Birthday kids!
We are still in college mode. My daughter and wife attended an accepted freshman day this past weekend, and we have some upcoming visits with my son to some campuses. Hopefully to make a final decision on where he will be attending in the fall. I have to get them back on the scholarship submitting kick as it has fallen off a bit due to our trip and other activities.
As I’ve mentioned before I’m working with our school district on financial literacy. I’ll be presenting our financial committee recommendations to our board of education in May. We’ve been working hard to develop a three-year plan for the ten schools within the district. The goal is to make curriculum available to all grades and consistent throughout the district. Ultimately making a personal finance class a requirement for graduation.
The grow my blog traffic goal has slowed a bit. After my initial push of updating over one hundred articles with new images, I’ve only managed to add new Pinterest friendly imaged to new posts. I continue to use boardbooster to automate pins and grow traffic via Pinterest. So far, I’ve seen some positive results. I hope to write a progress post in the future.
Plenty of things ahead for us in the next few months, senior banquet, final concerts, awards night, graduation, graduation parties, etc.
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 March Numbers:
Net Worth Details
Cash (-$1,074.00): A drop due to travel, vehicle routine maintenance and Birthday’s this month.
Digit (-$983.23): We transfer some of Digit saving to use for our week in Orlando. A can’t recommend this tool enough. Such a great way to get your savings kick started.
Retirement (+$3,397.00): Another bump up this month. A bulk of the increase was due to a year end contribution from my wife’s employer. This mark the 5th month straight with positive gains!
529s (+$78.29): Considering we are depositing $75 a month, these accounts are not setting the world on fire. We have pulled the plug on the 529 saving for the twins and are only depositing for
our youngest son.
Autos (-$344.00): I use Kelley Blue Book for our car values. A slight dip, it’s still nice to have three well maintained paid for vehicles in our driveway.
Home ($0.00): Still an estimate, we have no plans on moving any time soon.
Mortgages ($-1,354.00): Our one and only liability. I like the way this number continues to go down. Slow and steady wins the race right?
How was your March? What’s on tap for April? Any big summer plans looming?
*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.