Marriage is totally redeeming itself right now! Last month was, well, mediocre as far as our finances were concerned. But now that Girl Ninja is bringing in the big bucks, and the stock market is actually doing pretty decent, things are looking up. In fact, this month is the first time in history my Roth IRA balance has surpassed my contributions! It’s about darn time!
Here’s what went down…
Checking Account: $5,532, +$971. Gotta love the joint checking account. Money in, money out. That’s the way it goes. I’ve heard rumors some big banks are eliminating “free checking”. Don’t know what I’ll do if I have to start paying for this service. Maybe keep it all under my mattress?
Savings Accounts: $18,089, +$302. I can’t for the life of me figure out where this $302 increase came from, but I’ll take it. It’s kind of like finding money in your pocket. Booya!
Roth IRA: $15,130, +$485. Like I mentioned above. This is the first time since I began investing in 2007, that my Roth IRA balance is actually larger than my investments. I’m a little bummed that the markets have shot up so much though because I’m ready to buy in for this year and would like to get in a little cheaper. Usually October is a pretty crappy stock month, not so much the case this year.
TSP (401K): $18,198, +$1,320. The standard 5% contribution heads this direction each month. I also get that 5% fully matched. I invest in virtually the same funds in both my Roth IRA and in my 401K so they generally perform the same. Pretty boring stuff if you ask me.
Student Loan: $0. Still loving that paid off school loan. I’ve been debt free for 6 months now and it feels WONDERFUL!
Credit Card: $1,653, +$2,251. We use our credit card for our day to day spending, as a result the balance widely varies (but gets paid off every month). Last month our balance was almost $4,000. Why do we use our CC instead of a debit card you wonder? Because we LOVE free airline miles!
You see all those green numbers? That means we had a good month! In fact, we managed to move upwards about $5,300 in the last 30 days. That’s a lot more than the $2,000ish gain I’m use to! Dual Income is pretty much the greatest thing ever! Our total Net Worth is now $55,388 (this time last year, my net worth was $22,420). We still have a long way to go before we break our newest $100,000 NW goal, but we will hopefully get there in the next few years!
Sorry to those of you that hate these updates, but they’ve really been helpful for me. I hope you’ll suffer through them once a month
And if you’re really nosey you can see all of my net worth updates here.
**I chose not to include ‘possessions’ (including our cars) in our NW calculations, which would probably increase our worth by about $15,000.**