Typing out the heading for this post made me wonder, “Where did the month go by??”
With this update we’re introducing a change in how we report numbers. Our Retirement bucket is by far our largest asset. We’ve decided to expand this by splitting up into 401(k) and R/T IRAs by individuals.
With the uptick in markets in January, our Net Worth is at an all-time high. Starting in January, we’re sending $3,100 in extra principal towards the mortgage. That’s a guaranteed 3.875% return! This will ensure that we’re mortgage free in 53 more months. (Possibly quicker when you factor in one-time payoffs from bonuses)
Major expense for the month was semi-annual $836 for car insurance, for both our vehicles.