Net Worth: ROCKtober 2012

Last month was the first time I had ever skipped a Net Worth update (not that I think many of you care). Taking MANteresting out of Beta gobbled up just about every spare minute of free time I had. I’d like to pretend that things have slowed down a bit since launch, but they haven’t. I literally haven’t even logged in to Mint in the last two or three weeks, which is completely unlike me. Normally I check my bank accounts multiple times per day… yeah, I’m that dorky. I guess it’s time to see how I’ve fared over the last two months.

A$$ets:

Checking Account: $8,032; (change not shown since money is constantly in and out of this account). See what happens when ya get lazy and don’t actively keep up with your bank accounts? You end up with waaaaay too much money in a checking account, and not enough in things like my savings or Roth IRA. Frick. Gotta make sure I schedule some transfers.

Savings Accounts: $72,935; +$1,734. Hey I’m just glad there is any increase. I couldn’t remember if I’ve transferred money here since August, but apparently I did. Once I move money out of checking we should be getting pretty close to the $80k mark. Woohoo!

Roth IRA: $29,092; +$1,687. Boo-freaking-ya. I also have not been paying attention to the markets. Had no clue how my investments were doing. I welcome any increase in my Roth IRA with open arms. Still haven’t made my $5,000 2012 contribution, but I will…eventually.

TSP (401K): $38,716; +$3,846. Holy Guacamole. My investments alone have bumped my NW up over $5k in the last two months. There are few things I love more than watching our money make itself more money. Very few things.

Payments owed:

Credit Card: $2,357 (change not reflected since balance is paid off each month) This is really not bad at all considering we were out-of-town every single weekend in September (San Juans, Chicago, Denver, Leavenworth), not to mention we spent $800 on Thanksgiving break airfare. I need to do a better job tracking our spending though because I couldn’t really tell you what else this $2,400 consists of. 

Since this is really two net worth updates in one, I expect our NW gain to be larger than other months. Turns out, that is exactly the case. Our Net Worth now stands at $149,394 which is an increase of $12,420 from the previous update. Me thinks I need to forget about doing updates every month and make them quarterly. These big increases are way more exciting 😉

You can see all of my net worth updates here.

 

 

Net Worth: August 2012

Summer is typically the most expensive season for us. It probably is for you as well. What is it about the sunshine and heat that just makes people want to spend more? Fortunately, we haven’t done anything too crazy (no expensive summer getaways) so we’re still moving that NW graph in the positive direction. Let’s see how things played out.

A$$ets:

Checking Account: $5,771; (change not shown since money is constantly in and out of this account). I just had a really random thought, if you had to let your neighbors see the last 100 transactions in your checking account, would you be embarrassed? Hmmm, might have to turn this thought in to a blog post for tomorrow.

Savings Accounts: $71,201; +$3,396. We are finally back in the 70’s. Haven’t been in this range since March (before we bought the Pilot). It feels good and I’m uber motivated to keep plugging and chugging towards that $100,000 savings goal…most of which will eventually go towards a down payment on our first house. What the heck do we save for once we are done saving for a house?

Roth IRA: $27,405; $389. While this gain doesn’t totally replace the $2,100 loss we suffered last month, in this account, it sure as heck does ease the pain. Investing can be super emotional if you let it be, good thing I care more about 30 years from now than 30 days 🙂

TSP (401K): $34,870; +$535. Had some losses from the markets, but gains from contributions. The 5% match I get makes painful months slightly less painful. One day this account is going to read $2,000,000. Can’t wait for that day to come….40 years from now.

Payments owed:

Credit Card: $2,300 (change not reflected since balance is paid off each month) Summer is just more expensive. We travel more. Grill more. Eat out more. Shop more. And DEFINITELY have more fun. Fun isn’t always cheap, but this next month we are going to do our best at being conscientious spenders. Should also note, five hundred of this is from Girl Ninja’s annual Nordstrom shopping spree. It’s expensive, but she only does it once a year and I’m glad she gets to spoil herself a little.

I freakin’ love summer and am glad we’ve been able to make some progress these last few months. Our net worth now stands at $136,947 which is an increase of $4,455 from last month. I get three paychecks in August, we are almost finished moving Girl Ninja’s forgotten 401k money in to a personal IRA, and we are reigning in our spending. If things go well, we could bump up another $10,000 in the next 30 days. How fan-freakin-tastic would that be!?

p.s. You can see all of my net worth updates here.

p.p.s. Favorite nail from yesterday: Olympic divers photoshopped over a toilet.

Net Worth: July 2012

Finally we have some positive news to report. The last few months of Net Worth Updates have been less than exciting to write. Buying a car, coupled with some severe market hemorrhaging, made for some not-so-great numbers. Can’t think of a better way to kick off summer than with an increasing net worth!

A$$ets:

Checking Account: $4,825; (change not shown since money is constantly in and out of this account). We’ve been traveling like crazy. San Diego three weeks ago. Vegas two weeks ago. And Canada this last weekend. Fortunately, the busy season is over and our schedule is a lot more clear. It’s about time I get to transferring some of this in to savings.

Savings Accounts: $67,805; -$23. A negative number here on the surface doesn’t look good, but as I mentioned above, I simply haven’t gotten around to moving my money around. I’ll be moving $3,000 over this way by the end of the week. Fear not friends, I still do my best to be a diligent saver 🙂

Roth IRA: $27,794; +$1,641. While this gain doesn’t totally replace the $2,100 loss we suffered last month in this account, it sure as heck does ease the pain. Investing can be super emotional if you let it be, good thing I care more about 30 years from now than 30 days 🙂

TSP (401K): $34,335; +$2,632. About $700 of this gain was from contributions, the remaining gains were the result of positive market forces. How sweet would it be if this happened every month. Haha, a boy can dream right?

Payments owed:

Credit Card: $2,292 (change not reflected since balance is paid off each month). Our food, shopping, and entertainment related expenses have been higher than normal as a result of all the travel and fun we’ve been having. While I prefer our CC bill to be closer to $1,500 each month, I’ve definitely enjoyed myself this last month. No complaints from me.

If there’s one thing this update has reminded me, it’s just how much I love summer. Not only because our financial situation is doing alright, but Girl Ninja doesn’t have to work, the rain finally slows down in Seattle, and people are just generally happier. It’s a beautiful thing.  It doesn’t hurt that our net worth is up to $132,492, which is an increase of $4,673 from the previous month. Let’s hope the rest of summer goes this well 🙂

Happy Belated Birthday USA ,

Ninja

p.s. You can see all of my net worth updates here.

Net Worth: June 2012

Last month sucked. Well. that’s not entirely true. The month before sucked because our net worth dropped nearly $8,000 with the purchase of our new to us Honda Pilot. This month sucked because the stock market decided to take a dump all over our net worth. Awesome.

A$$ets:

Checking Account: $3,089; (change not shown since money is constantly in and out of this account). We finally got our $2,500 reimbursement check from the dealership that they owed us after we cancelled that stupid extended warranty I got suckered in to purchasing. Wow that was a terribly long sentence. Nothing else too exciting going on in the checking account.

Savings Accounts: $67,833; +2,666. Can ya guess where that growth came from? You’re spot on if you guessed from the reimbursement check. Other than that, we didn’t make much progress since we had to pay a $9,000 credit card bill in full.

Roth IRA: $26,153; $2,193. WTF!? Seriously stock market? Get your crap together. I started investing in 2007, right as the markets turned. I would like just a little taste of what a “normal” investing year is like. Stay the course Ninja, stay the course. One day this will all pay off….right? (don’t answer that StackingCash :))

TSP (401K): $31,703; -$1,810. This loss hurts more than my Roth. Why? Because I still managed to lose $1,800, even after adding $700 to my 401k last month. That hurts bad. REAL BAD. How do you homeowners do it every month? Put money in something that is tanking in value?

Liability <—– love that it’s singular :

Credit Card: $1,828 (change not reflected since balance is paid off each month). It feels awesome having this thing down to a much more manageable level. Like I mentioned earlier we had to make a $9,000 credit card payment a few weeks ago to pay off the $7,500+ I was able to charge to our card when we bought the car. I never thought I’d say this, but I’m actually PUMPED to have an $1,800 bill. 

So the markets decided to have explosive diarrhea, but we were able to keep our expenses relatively low and stockpile some cash. What does all this mean for our net worth? A quick check shows that we are sitting at $127,819, which means we squeaked out a $231 gain over the previous month. Nothing to write home about, but at least it was in the right direction.

Stocks blow,

Ninja

p.s. You can see all of my net worth updates here.

Net Worth: May 2012

It pains me to post this update today as the purchase of our car last week made our Net Worth take the biggest negative hit in the history of this blog. We’ve been lucky to make some major leaps and bounds over the last few years so any drop in NW is not taken lightly. That said, I guess we save, give, and invest so much so we don’t feel bad about the times we want to spend our money. Last month we spent.

A$$ets:

Checking Account: $8,377; (change not shown since money is constantly in and out of this account). I was able to put $5,000 of the car purchase on my credit card, so I have to keep the checking out relatively beefed up for the short term so I can pay that bill in full when it comes due.

Savings Accounts: $65,167; -$6,559. We put $8,200 from the sale of Girl Ninja’s car towards the purchase of Herbert (our Honda Pilot) and had to front the cash for the rest. Does it hurt giving up a big chunk of savings? You bet your booty it does 🙂 Hoping we can get back on track for next month and give this savings account a decent bump up.

Roth IRA: $28,346; $502. For shame. Still haven’t made my 2012 Roth IRA contribution yet, maybe I’ll let the markets drop a bit more before I start dabbling. On another note, I will have the ability to contribute to a Roth 401K here in about two weeks. Any insight in how I should allocate my retirement money now?

TSP (401K): $33,513; +$558.The performance on these accounts was negative, but my contributions exceeded my losses which results in a net positive movement. Add this to my Roth IRA balance and my retirement accounts went up to the tune of $56 last month. If my accounts continue to increase by $56 a month, it will only take 1,396 years for my retirement portfolio to reach a million dollars. JD wasn’t kidding when he named his blog Get Rich Slowly.

Payments owed:

Credit Card: $7,841 (change not reflected since balance is paid off each month). Oh how it pains me to write those numbers down for our credit card balance. I’m taking your advice though, and on Friday I’ll be heading to the dealership to cancel my extended warranty. This will credit back to my card and reduce this balance by $2,500. I guess the bright side to a $7,000+ credit card bill is that I earned a lot of miles? 

So what does all this mean for the Ninja household net worth? Well, my Excel spreadsheet tells me our NW dropped by $7,958, leaving us with a total net worth of $127,588. If you take in to consideration the $2,500 reimbursement, it’s more like a $5,400 loss. Definitely not pumped about a decreasing net worth, but I think I can say with reasonable confidence that things are looking up.

Cheers!

You can see all of my net worth updates here.

Favorite nail from yesterday: Dragon problems.

Net Worth: April 2012


My second love: California Burrito.

Posting will be sporadic this week as I am on Spring Break with Girl Ninja in our old stomping grounds, San Diego. We’ve had a blast being on vacation to a place we called home for eight years. Kinda funny how you don’t appreciate some things until they’re gone huh? Anywhoozle, it’s the beginning of a new month and that means it’s time for another net worth update. Check it…

A$$ets:

Checking Account: $4,303; (change not shown since money is constantly in and out of this account). I wish every month I could get three paychecks, but sadly it only happens twice a year. Fortunately for us, one of those times was last month. This gave us some extra money to throw to the ‘ol house savings fund.

Savings Accounts: $71,276; +$4,000. We’ve had a great start to the year and have been doing some serious saving. Wish we could save four grand every month, but with business trips and triple paychecks being a thing of the past, things ought to be slowing down here pretty soon. It was a nice ride while it lasted.

Roth IRA: $28,848; +$583. Always love making $600 in a month without lifting a finger. This obviously doesn’t always happen, but the times it does makes me super happy. What say you peeps? Are things going to keep trending up, or is this a temporary and artificial rise?

TSP (401K): $32,955; +$1,862.Three paychecks means three 401K contributions. This extra addition, supplemented by an okay performance in the markets, results in a pretty awesome month for the retirement account.

Payments owed:

Credit Card: $1,811 (change not reflected since balance is paid off each month). Seems like our “average” credit card bill each month hover in the $1,500 to $2,000 range. It’s kind of disgusting to think that we swipe the card that much, but aside from our rent, every other expense we have goes on the CC. So when insurance, gas, groceries, etc are taken in to account, it’s at least slightly less disgusting…right? 

We are thankful to have had another great month moving up another $6,468. Putting us at a total net worth of $135,546. Although we are excited about the progress we’ve made, we know full well that this money is not actually ours, and is on loan to us by the Big Man upstairs. This helps keeps us grounded and aware that at the flip of switch our circumstances could change. I like saving money, but it is definitely not our source of joy.

You can see all of my net worth updates here.

Top voted nail from yesterday: Stupid Government and their Stupid Rules.

Net Worth: March 2012

I swear I just did one of these posts. Time flies when you’re having fun I suppose. We had a great month with some extra help from the stock market. Who else was pumped to see the dow breach 13,000?

A$$ets:

Checking Account: $4,063; (change not shown since money is constantly in and out of this account). I use to try and keep the checking account at about $1,000 at all times, but I’ve gotten lazier over the last year or so and don’t move money around as much as I could. Losing a few bucks a year of interest because of it. A lazy tax I suppose.

Savings Accounts: $67,276; +$4,586. Overtime pay was very good to us while I was in Korea. Not only was I able to bring home a little extra bacon, but our expenses were relatively low as well since I wasn’t driving and all my meals and incidentals were reimbursed. March is a three paycheck month for me, so hopefully we can do some more damage 🙂

Roth IRA: $28,265; +$352. I can’t wait for the day this account is seven figures. Knowing the 40 plus years of saving all paid off. That’s the goal anyways. Here’s to hoping.

TSP (401K): $31,093; +$695. This is slightly less than average because my last update was so late in to the month it already accounted for one of these deposits. Still socking away 8% and loving my employers 5% match.

Payments owed:

Credit Card: $1,623 (change not reflected since balance is paid off each month). It seems too good to be true. We’ve managed to keep our credit card bill sub $2,000 this month, and last month. We put every expense possible (I literally used my CC for a $0.75 post office charge this month) so charges can start to add up quick. 

We are so thankful we are in a position where our income trumps our expenses by a decent margin. We try our hardest to be responsible with our resources, and this has allowed us to make some major leaps and bounds over the last 1.5 years of marriage. Our new net worth now stands at $129,078, which is up $5,151 from last month. Keeping my fingers crossed we can keep moving forward.

I might stop doing these NW updates cause they seem so boring, thoughts?

You can see all of my net worth updates here.

Favorite nails from yesterday: Names of colors according to boys and girls and Dogs > Cats.