Net Worth Update #8 – Nov ’17

November:

I can’t believe this is the second to last Net Worth update of the year. November absolutely flew by, it seems just like yesterday was Halloween. This is the first month since late spring that we have had 1 mortgage and set of utility bills. Based on the overall numbers you will see the positive impact of this. We had anticipated seeing a decrease of $500 a month moving and hopefully within the next month, we can verify this. As of right now, we think it might be a bit more than this. Mainly due to the taxes, water, electricity, and heating all costing less on a monthly basis.

November proved positive on many fronts, including my job. I had mentioned in the post about putting it all together that I had never tracked

Net Worth Update #7 – Oct ’17

October:

Once again, I am late with this month’s Net Worth Update. It has been another busy month, but a lot of good news came in October. As I mentioned last month we had accepted an offer on the house. I have to say without to much hassle the house has closed and we are back to 1 mortgage. This is reflected in this month’s numbers. I will be writing a post about the entire process, costs, and fees this month.

October was definitely a positive month on all fronts. I had mentioned in the post about putting it all together that I had never tracked or officially calculated our net worth. I started back in April 2017 with the first Net Worth Update #1  and will continue to track and post monthly. October provided a huge jump in our net worth, which was driven

Net Worth Update #6 – Sep ’17

Talk about a lag of posts in September, apologizes, but it has been a hectic month. In fact, so hectic that this Net Worth update is over a week late. The biggest news from September is we accepted an offer on our house (yahoo). The sale is planned to complete towards the end of October. What’s that mean and what have I been doing? Glad you asked. The majority of my time has been spent fixing a handful of small issues that came from the inspection. The rest has been scheduling and dealing with other required inspections (fire, termite, etc). Hopefully nothing happens over the next few weeks and we can be back down to one mortgage, Yes (fist pump)!!

September proved to be another great month. I had mention in the post about putting it all together that I had never tracked or officially calculated our net worth.

Net Worth Update #5 – Aug ’17

Where did the summer go? August proved to be another great month. I had mention in the post about putting it all together that I had never tracked or officially calculated our net worth. I started back in April 2017 with the first Net Worth Update #1  and will continue to track and post monthly. August saw another good increase in our net worth, which was driven by a good month for investments. I will go into the numbers in more detail below.  I am still hoping we can sell our house over the next 4 weeks and be back to 1 mortgage and set of monthly housing bills. Now, let’s get to this month’s numbers.

Incomes: 2 incomes to 1 income

New state, new school, new house, brings another new. There have always been 2 incomes in our household, but with this move we will be going down to 1 income for the time being. The decision was made that my wife will wait to get a job. This will ensure our daughter is fully adjusted to the move, especially school. Since my wife is a teacher, we figured that most school positions were filled already since school started almost a month ago in Georgia. In fact, she applied and already received an interview, but again the best decision at this time is to wait.

A major benefit is that my wife set her current pay to continue to get checks over the summer. By doing this we received 2 incomes throughout the summer.