April 2019

We were less than $2.5k away from being “asset millionaires”! (That doesn’t really mean anything, but the little joys of “millionaires” and “we” being in the same sentence :D)

At ~$23K, we posted our lowest year-to-date monthly increase of net worth. I can’t even begin to imagine how privileged we are to be in our position. Some of it comes with being judicious with our spending and automatic savings/investment. Our incomes helps as well. But where we started off in our adult lives, or for that matter the factors that precedes our birth, play a major though silent roles in where we are. #acknowledgePrivilege.

We paid taxes last month! On April 15th, automatic direct deductions were made from our account: around $2.5K to Federal and $500 to state. For the past 9 years or so we have owed money at the end of the year. This is expected as we would rather owe money than get a refund. Ideal case would be if we had paid the exact amount of tax in the prior year, but that’s hard to pull off. I’m perfectly fine with the government giving us an interest free loan for a few months, on which we earn interest! We have a savings account earmarked for taxes that pay 2.5%, so it’s a win-win for us.

Nothing else really worth noting for April. Markets have been on an upward swing. No major spending. Just a good ol’ solid month.

We as a family made a major decision last month. Not quite ready to reveal it here as we need a little more time to flesh it out. Stay tuned for some big update in the next month or so.