It’s the end of another quarter, which means it’s time for another net worth check-in! As a reminder, Mr. Steward and I have wholly joint finances, so this is everything for our family of four.
|Savings (Emergency Fund)||15,679.00|
|Mr. Steward Pre-Tax||51,533.00|
|Mr. Steward Roth IRA||3,204.00|
|Ms. Steward Pre-Tax||20,527.00|
|Ms. Steward Roth IRA||4,625.00|
|Ms. Steward HSA||1,958.00|
|Ms. Steward Fun Fund||192.00|
|Credit Cards (Paid Before Interest)||-974.00|
There are also two 529 accounts for our daughters, which stand at $5,833.
The Big Changes
The Markets Are Still Treating Us Well
The bulk of the change this month is coming from our new major contributions (17% of our income plus a 3% match) to our pre-tax retirement funds. That accounts for over half of our growth over the quarter. The rest, except for about $600 towards mortgage principal, comes from the markets. This is exciting, because it feels like we’re finally starting to have enough invested to have visible growth. Of course, that also means that whenever the market finally takes a downturn, so will our net worth…
It looks like it might actually be possible to cross the $200,000 net worth threshold later this year. Funny enough, I didn’t make that one of my annual goals because in January that seemed like unattainable crazy talk… and then this year has been very good to us and keeps being so. We’ll see!
How did your quarter stack up?