I shared it already, but I have a new house! You also will have seen it amply reflected in the precipitous increase in my debt load. This is my fifth property in my attempt to use Real Estate to FIRE… Continue Reading
October numbers: Personal: Gross monthly W2 pay: $5,375 (see below) Net monthly W2 pay: $3,387 (see below) Total credit card debt: $22,647 (-$1,143) Total other non-mortgage debt: $16,071 (+$6,165) Total mortgage debt: $149,104 (+$6,750) Cash/cash equivalents: $12,785 (-$97) Total retirement… Continue Reading
September numbers: Personal: Gross monthly W2 pay: $5,375 (+$542) Net monthly W2 pay: $3,387 (+$59) Total credit card debt: $23,790 (-$1,613) Total other non-mortgage debt: $9,906 (+3,624) Total mortgage debt: $142,354 (-$741) Cash/cash equivalents: $12,882 (-$768) Total retirement savings: $153,148… Continue Reading
August numbers: Personal: Gross monthly W2 pay: $4,833 (no change from prior month) Net monthly W2 pay: $3,328 (no change from prior month) Total credit card debt: $25,403 (+$3,843) Total other non-mortgage debt: $6,282 (+$3,043) Total mortgage debt: $143,095 (+$32,768)… Continue Reading
January numbers: Personal: Gross monthly W2 pay: $4,833 (no change from prior month) Net monthly W2 pay: $2,834 (+$1, again no idea why) Total credit card debt: $22,140 (+$1,370) Total other non-mortgage debt: $6,233 (-$339) Total mortgage debt: $114,714 (-$896)… Continue Reading
November numbers: Personal: Gross monthly W2 pay: $4,833 (no change from prior month) Net monthly W2 pay: $2,828 (-$6, again no idea why) Total credit card debt: $10,041 (-$623) Total other non-mortgage debt: $16,759 (-$541) Total mortgage debt: $116,160 (-$720)… Continue Reading
One of the things I always try to remember about working toward financial independence is that we’re all potentially on the path to early retirement. It’s just that some of us may not know it (a good article that sparked… Continue Reading
So I have a confession to make. I spend too much money. I know, I know, you’re like “Well, duh, Dumpling, so does everyone – life is expensive!” And that’s true. However, I’ve done a decent job of dialing back… Continue Reading
In a word: No. In many words (you had to know that was coming by now): No, I’m not particularly having fun restricting my spending and trying to earn/save as much money as quickly as possible. It creates a lack… Continue Reading
So I wanted to do a deep dive into something I’ve learned since the beginning of the year, especially since all you lovely people helped (thanks, boo!) That is the emotional importance of recognizing your actual gross and net incomes.… Continue Reading