Home > Archive: March, 2021

Archive for March, 2021

March Check In

March 29th, 2021 at 02:10 pm


Mortgage -$$121,148.76 (-$233.35)


Roth IRAs +$19,732 (+$355)
401K +$38,836 (+$2,005)
Emergency Fund +$8,478 376 (+$102)
Animal Fund +$1,060 (+$0)
Truck Fund +$1,205 (-$0)
HSA +$1,175  (+$116)

Overall: +$2,801.35


Still plugging along. Kitchen remodel budget actually doubled but thankfully I also got a web design job which covers the entire amount. After we get a few more little saving items done and replenish the car fund I will probably start bumping up our retirement savings. It has been a year or more since we saved anything in the IRAs which has been sad. But we also paid off like $25k of debt or something crazy and this year we have saved over $15k. That is an insane amount of money for our income. We have been putting some into the 401K this entire time, but we can do better. Glad we are young and time is on our side. We have more saved than most people our age and income I think. 

Stimulus & Goals

March 17th, 2021 at 01:39 pm

I received my stimulus today and used it to finish saving for my medical out of pocket max for the year. What a relief to have it already saved for! No more medical debt. I am still fighting out of network charges from last year but I am hopeful for a resolution soon. 

Which means we have nearly completed all our goals for the year except for regrading the yard. We are waiting on the weather to cooperate, but the money is saved.

We went ahead and added another saving/project goal which is a small kitchen remodel. I already have $3,000 set aside for that. If we go over budget I may have to save a little more, but hopefully that will mostly cover it. 

Now that all our goals and wants this year are basically saved for I'm not sure what we will use extra income towards. I do know I need to save a bit for some time off work I will be taking this fall. So I have been taking a small amount from each check. Otherwise I'm not sure if we will contribute more to retirement, save for more home projects, a new car, or perhaps just a general savings fund and then decide later. What a good problem to have!

February Check In

March 3rd, 2021 at 04:24 pm


Mortgage -$121,382.11 (-$232.79)


Roth IRAs +$19,377 (+$243)
401K +$36,831 (+$995)
Emergency Fund +$8,376 (+$203)
Animal Fund +$1,060 (+$1)
Truck Fund +$1,205 (-$0)
HSA +$1,059 (+$206)

Overall: +$1,880.79


These numbers are actually not completely reflective of our total savings because I also have $3,000 saved for vacation and $2,500 saved for medical expenses. But since those funds are fluctuating and will be eventually drained I don't want to include them. 

Besides that I also use YNAB so I have several thousand dollars sitting around that is alloted for different budget items and future bills. It's crazy to see my checking account pushing $10k but I don't consider myself to have "extra spending money." Everything is accounted for and budgeted for. 

We are currently in a good spot so even though I have been working less lately our net worth is still slowly climbing. Right now I am trying to finish up our medical OOP savings, then I will replenish the truck fund and then start saving for more home projects. If we happen to get another stimulus as expected it will pretty much finish everything off at once. We are fortunate that stimulus money has been an unexpected windfall and not needed for daily living.