I can’t believe it’s already June!
My 401(k) contributions come out of my paycheck on the last business day of the month, but they don’t post to my investment account until the first few days of the next month. This month, I accidentally bumped my contributions down to 4% of my gross pay, so at the beginning of the month, 21% was credited to my 401(k), but at the end, only 4% was debited. This means that my net worth growth this month is higher than it should be and next month it will be lower than it should be (credit of 4%, debit of 23%). That’s okay.
The 4% 401(k) contribution instead of 21% gave me some extra savings room with my May paycheck. I also got a small bonus, all of which I saved, so I’ve met the goal to bump my emergency fund up by $4,000! That means I have two goals left:
1. Save $3,000 towards a car replacement in 10 years.
2. Save $20,000 towards a down payment on a house.
Looking at my savings projections, both of those goals should be met this year. Goal #1 should be achieved in July and Goal #2 will likely take until December.
I think I’m definitely doing better at not checking my accounts online every day. I have been busy lately, so I just haven’t had the time.
I did only enter my receipts into my spreadsheet twice in May. Hopefully I will also keep that up for June.
Goal #12 (Make no more trades until January) should be rewritten. I’m going to move out of company stock every trading window, which violates that rule, but I think it makes sense.