Another solid month. The key highlight to this month was stated in the last post. Another highlight was that M started on a new job. This job was lined up almost 10 months ago but the start was purposely chosen to be after the unofficial end of summer (Labor Day). We had one domestic and one international trip, each a week long, during the time M was enjoying time off between jobs.

One more thing of note. With the job change, and the corresponding change in salary, our combined annual income has gone past $250k. We will put up an income post for 2019 when we have the full year number.

The next near-term goal is to get the total assets up to a $1M by end of the year. Of course, a lot depends on the markets. As we have said in numerous posts, and will continue to reiterate, we fully acknowledge the huge role the bull market has played on our current state of affairs. We know the bears are bound to come at some point. We will ride those periods out.

Posts that give more context:

Who we are

Our income

Our Assets and Liabilities

Another month where the trifecta of a) Socking money in retirement account, b) Paying down debt, and, c) Stock markets continuing in their upward trajectory – helped us in pushing our net worth close to $700k, notwithstanding the fact that we’ve been on one income for the whole month of August!

There were a couple of big expenses in August, all paid for by credit cards, which will be reconciled by cash this month and reflect in the next update. One of the expenses relate to travel (food and incidental; major categories such as flight and hotels were already paid for earlier); the other relate to a party we threw in August.

September heralds in a new job with a substantial greater income. Also, the outstanding student loan (~$8k) will be paid off by end of the end of this month (from the signing bonus of the new job).

Here’s what goes into our Assets and Liabilities.