How did we do on 2019 Objectives?
In short, acceptable but not great. Our 2019 goals were as follows:
Year End Financial Update: NW $3,620,369
We had a lull in posting due to life issues taking precedence, including caring for our parents. For the record, the net worth at year end registered at $3,620,369. The net worth at the beginning of 2019 was $2,786,284 reflecting an increase of 30%. With that, we wish you a wonderful new year and decade…
Financial Update Jul 5, 2019: NW $3,234,993 ( +3.5%: +$109,469)
June mirrored May pretty closely. The new job income and severance payments continued. Expenses came in higher due to an international family trip for summer vacation. Outside of travel and restaurants, spending was relatively ok. Our solar system is all installed, and we are awaiting the approval from the utility to switch it on –…
Financial Update Jun 5, 2019: NW $3,125,524 ( -2.7%: -$75,856)
May was good for income. The pay from the new assignment kicked in, along with severance payments and some deferred compensation from the past. All in all, we generated $74k of available funds for the month. Expenses were high for yet another month. Our home is 5 years old and the AC and plumbing need…
The economics of rooftop solar …
After waiting and watching for at least 4 years, we finally made the decision to go solar. Here are the details behind the decisions … The first step was to estimate our annual power usage. A review of bills over the last 12 months reveal that number to be 18,842 KW-hours. The lowest average cost…
April spending … and lowering costs
Every month this year has brought one off or ‘special’ expenses. April was higher than usual. We moved one of our parents from abroad to come live with family in the US. A campus visit for our college bound son…and finally birthday and anniversary celebrations. There is no doubt that when things get busy, expenses…
Financial Update May 5, 2019: NW $3,201,380 ( +1.6%: +$51,389)
April brought college decisions – and a campus visit to California where our son will be going this fall. This incurred some travel expenses but everybody was excited to see the uncertainty end and future unfold. Our expenses for the month were $11,032. April also brought 2 birthdays and an anniversary so gifts and kids…
Financial Update Apr 5, 2019: NW $3,149,991 ( +3.6%: +$111,420)
March was a special month as the 2018 year bonus from my previous job paid out…netting us $60k. In addition, the severance payments continued so that added another $19k. So almost $80k of the increase in net worth was due to new money added to the pile. On a smaller note, we also got a…
2019 Goals
2019 brought many changes …quickly and some unexpected. Crossing $3MM in net worth, a kid headed to college and a decision to leave a high paying job and take better control of our time and choices. Overall, I have the say the effect has been net positive … in spite of early fears and uncertainty….
#11: Learn to judge character
Most kids will project out to the world, the interactions and experiences they have had at home. Ideally they would have grown up in a home where love and support is taken for granted. Our fear is that we have not prepared you for the real world. There are fewer and fewer role models in…