Saturday, March 1, 2014

February Savings and Net Worth

Monies put away in savings during February:

401k (includes match) $867
Roth IRA (Hers) $300
Roth IRA (His) $300
HSA account $500
Taxable Mutual Fund $210
Emergency Fund $300
Extra EF from side-gigs/found money $305

Total saved for the month $2,782

We may have to trim the amount going into savings in the spring/summer since the kids have more activities (sports and such). But we won't let it go below $2k per month. In late spring thru early fall, I have regular side-gig work of $500-$700 per month (cutting lawns 1 or 2 evenings per week after work. I've been doing that since 1992). So I am hopeful we can stay in the $2,500 per month range.

The grass cutting money is normally used to max-out the HIS and HERS IRA's. We will retire before we are old. We also use some of the money for our vacation at the beach.

Net worth as of 2/28/14 $562,301.00
Increase year to date $ 13,631.00

1 comment:

Mary Wilkerson said...

I love reading your posts and getting good ideas for my little family.
i also like the idea of retiring before you are old.
we want to do the same.