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.

12 thoughts on “Net Worth: April 2012

  1. Bet it feels better to have gotten those black bars over your eyes removed. Now mebbe you need someone to look at that thing growing from your mouth . . .

  2. I like it when you are more humble 🙂 There are times when it seems like you are not. I’m guilty of being the same, however. In the big picture, there are times we have to be fierce and times to be humble because it’s all about balance. Not sure if that made sense.
    In regards to the market, I’m still fearful of it. Maybe I should be more fierce. In regards to your credit spending/living, we spend about double that amount and I contribute that to home ownership :/ Even with the house paid off there is always something that needs to be repaired or replaced. Alright, I think I’ll stop here 🙂

  3. 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?

    All rises in the market are temporary. So are all falls. Over any 25-year period, however, stocks have always historically risen. You have plenty of time to ride out any turbulence.

    Being about three years from retirement, I am also happy my equity balances have risen. That’s precisely why I plan in the next week or so to rebalance from some of my stock funds into more fixed income. Buy low, sell high.

  4. “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.”

    Amen! Love that quote, and makes me happy to know Mr. and Mrs. Ninja have that mindset. Great job on the financial front, enjoy the rest of vaca!

  5. As a San Diego guy myself, I’m curious: where’s your favorite place to get a California burrito? I’m fond of the ones at Fresh MXN Grill (formerly Santana’s) and this little barn in El Cajon called Valerio’s. I always add sour cream too. Where do you like to go?

  6. I think those of us from the younger generations often overlook the importance of good stewardship in favor of what we can buy with what we have (or don’t have). Kudos on remembering what’s important.

    “From everyone who has been given much, much will be demanded; and from the one who has been entrusted with much, much more will be asked.” Luke 12:48b

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